finpeel Answers · Egypt · updated 2026-08-14

Can a non-bank fintech provide payment services in Egypt?

Yes, if it obtains or operates under the appropriate CBE authorisation. The 2025 PSP/PSO rules establish a regulated path for non-bank payment institutions rather than reserving all payment activity to banks.

The specific applicant category and permissions depend on the payment service or system role.

A non-bank fintech should not launch first and treat bank connectivity as its licence; the regulated role must be approved within the CBE framework.

Regulator: Central Bank of Egypt (CBE)

Primary sources: Central Bank of Egypt — Payment System Operators and Payment Service Providers Licensing Rules

Directional — not legal advice. Verify with the regulator before committing.

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