Tanmeyah and AMAN have announced a new partnership to expand digital access to microfinance services in Egypt.
Tanmeyah, a subsidiary of EFG Holding, is a top microfinance provider in Egypt. AMAN Holding, part of Raya Group, is a fintech company.
Together, they aim to make it easier for people to access loans and repay them anytime, without visiting bank branches.
The new service will allow Tanmeyah customers to apply for financing through digital platforms. They can also pay any day of the week.
This is possible through AMAN’s wide network of retail outlets, available across Egypt, which now handle installment payments.
Also Read: AFD Commits €3 Million to Boost Digital Financial Inclusion in Africa
Partnership supports financial inclusion goals
Jinu Johnson, CEO of Tanmeyah, said, “This collaboration marks a positive step in our ongoing efforts to provide seamless, accessible financial services to our customers—wherever they may be. It reflects our broader strategy to digitize every aspect of the client journey, offering more flexibility, ease, and choice. We’re committed to scaling up our digital capabilities and delivering solutions that not only meet our clients’ needs, but also elevate their overall experience.”
Customers no longer need to follow office hours to pay their installments. This gives them more control and convenience.
Hazem Moghazi, CEO of Business and Commercial Affairs at AMAN, said, “Our partnership with Tanmeyah marks a key milestone in widening access to digital financial services across Egypt. It’s a strong reflection of our vision at AMAN to simplify financial transactions and support the national agenda for greater financial inclusion. With our nationwide network and advanced digital infrastructure, which includes over 2,000 financial services, processing more than 2 million financial transactions daily for over 30 million customers and 500,000 merchants, we look forward to offering Tanmeyah’s customers a payment experience that’s safe, quick, and accessible. AMAN’s infrastructure also includes a network of 150,000 point-of-sale locations that accept both cash and electronic payments across Egypt. This extensive digital infrastructure significantly enhances the importance of this partnership, positioning it as a strategic step towards achieving a qualitative leap in the level of financial services offered to citizens in Egypt.”
Tanmeyah has served millions since 2009. It issues over three million loans and adds 30,000 new clients each month.
AMAN launched in 2016 and now processes over two million transactions daily across 150,000 payment points in Egypt.
This partnership will bring more Egyptians into the digital financial system and improve how people manage their businesses and lives.