Kiwe secures final CBE approval for social fintech platform launch

Kiwe, an Egyptian home-grown fintech startup, has received final approval from the Central Bank of Egypt (CBE) to launch its app and card in the market. The platform emphasizes the social aspects of money management, setting it apart with features for group expenses and shared goals.

Kiwe, a home-grown Egyptian fintech startup, announced it has secured final approval from the Central Bank of Egypt (CBE) to launch its application and card in the local market, marking a milestone for user-centric fintech in the country.

Developed in partnership with Banque Misr, VISA, Meeza, and ModuPay, the platform integrates international payment technology with trusted local banking infrastructure. It stands out with social money features, allowing users to manage group expenses, plan trips, organize celebrations, or contribute to shared goals using intuitive tools.

Kiwe also provides practical tools such as instant free transfers, real-time spending insights, and features to enhance financial literacy. The company is backed by prominent institutions including EFG Hermes, Valu, Cairo Capital, Dfin Holding, Marakez Group, and EFG EV.

Co-founder Omar Kamel described the approval as a defining moment: “From day one, our goal has been to rethink how people experience money—to make it simpler, more relevant, transparent, and social. With the launch of our app and card, we’re offering users a platform that helps them manage, share, and understand their money in a way that feels natural and empowering.”

Founded in 2021 by Mohamed Khalifa, Fatma Khalifa, and Omar Kamel, Kiwe plans a strong 2026 launch with additional financial products to simplify everyday finance.

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