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Three Egyptian state-owned banks are planning to launch a new fund to invest in fintech startups before the end of 2021, with expectations to reach a first close of $85 million.

Egyptian fintech in 2021: The journey ahead [Part Two] Image courtesy of Shutterstock In the second part series, Michel Assaad, vice president of Europe, Middle East and Africa strategy at Citi Bank, outlines the trends that have emerged in Egypts financial technology (fintech) space over the past year. The views expressed below belong solely to him and not his employer.    The past 10 months have been eventful, exhausting and sometimes painful. With vaccines being rolled-out, there is final...