Subsidiaries

and Affiliates

Bee is a leading E-payment solution provider in Egypt and operates a retail network of more than 54,000 Points of Sale (PoS). Established in 2010 by Singapore-based Technobiz Equipment PTL Ltd, Bee offers payment collection services to key service providers including mobile network operators Orange, Vodafone, Etisalat, and TE. Bee provides payment services to end users through its retail network that spans across Egypt as well as its mobile application. Customers can use Bee’s services to make payments on utility bills, airline and other transportation tickets, cinema tickets, university fees, online gaming platforms, stock exchanges, and charitable donations, among other options.

One of Egypt’s largest payment facilitators and aggregators, Masary offers collection services for more than 90 service providers including major mobile network operators: Orange, Vodafone, Etisalat and TE. Established in 2009 with a focus on serving unbanked and under banked consumers, Masary operates a network of more than 64,000 points of sale. Masary also provides services for Egypt’s landline operator as well as the country’s electricity, water and gas sectors among other government entities. Its services are extended to include education fees, insurance services, mobile wallets, transportation tickets and charity donations.

In November 2017, Ebtikar for Financial Investment established its first greenfield project in the microfinance industry as a joint venture between Ebtikar and a leading international microfinance player; Vitas Group. Vitas Misr aims to capitalize on Egypt’s large population of unbanked individuals that are increasingly seeking access to funding.
Vitas Group was founded as a for-profit holding company in 2006 by international NGO Global Communities (GC) as a means to consolidate and commercialize the NGO’s microfinance operations. GC operates in over 25 countries, with a particular focus on the Middle East, pioneering some of the most successful microfinance programs for over 30 years. Backed by GC, Vitas Group has built a name for itself as a leader in the field in its own right, having become a majority shareholder in a number of microfinance institutions in Romania, Lebanon, Jordan, and Iraq and with a minority shareholding in Palestine.

Tamweel Group is a platform of 6 companies that operate in the Leasing, Mortgage, Factoring, Insurance Brokerage and Collection space. The platform of companies was acquired from Orascom Development Egypt in 2018 by a group of private equity investors led by Ebtikar.

Bee

SMART PAYMENT SOLUTION

Bee is a leading E-payment solution provider in Egypt and operates a retail network of more than 54,000 Points of Sale (PoS). Established in 2010 by Singapore-based Technobiz Equipment PTL Ltd, Bee offers payment collection services to key service providers including mobile network operators Orange, Vodafone, Etisalat, and TE. Bee provides payment services to end users through its retail network that spans across Egypt as well as its mobile application. Customers can use Bee’s services to make payments on utility bills, airline and other transportation tickets, cinema tickets, university fees, online gaming platforms, stock exchanges, and charitable donations, among other options.

Masary

SMART PAYMENT SERVICES

One of Egypt’s largest payment facilitators and aggregators, Masary offers collection services for more than 90 service providers including major mobile network operators: Orange, Vodafone, Etisalat and TE. Established in 2009 with a focus on serving unbanked and under banked consumers, Masary operates a network of more than 64,000 points of sale. Masary also provides services for Egypt’s landline operator as well as the country’s electricity, water and gas sectors among other government entities. Its services are extended to include education fees, insurance services, mobile wallets, transportation tickets and charity donations.

Vitas Misr

FINANCING A BETTER WORLD

In November 2017, Ebtikar for Financial Investment established its first greenfield project in the microfinance industry as a joint venture between Ebtikar and a leading international microfinance player; Vitas Group. Vitas Misr aims to capitalize on Egypt’s large population of unbanked individuals that are increasingly seeking access to funding.
Vitas Group was founded as a for-profit holding company in 2006 by international NGO Global Communities (GC) as a means to consolidate and commercialize the NGO’s microfinance operations. GC operates in over 25 countries, with a particular focus on the Middle East, pioneering some of the most successful microfinance programs for over 30 years. Backed by GC, Vitas Group has built a name for itself as a leader in the field in its own right, having become a majority shareholder in a number of microfinance institutions in Romania, Lebanon, Jordan, and Iraq and with a minority shareholding in Palestine.

Tamweel Group

TOTAL LANDING

Tamweel Group is a platform of 6 companies that operate in the Leasing, Mortgage, Factoring, Insurance Brokerage and Collection space. The platform of companies was acquired from Orascom Development Egypt in 2018 by a group of private equity investors led by Ebtikar.