Diligence memo · auto-generated · as of July 2, 2026
Fawry
Fawry looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Fawry operates in Fintech, based in Africa. Egyptian fintech company Fawry has announced plans to raise EGP800 million (US$51 million) of growth capital through a rights issue to existing shareholders, with proceeds to be used to fund a new chapter of expansions in financial services for both consumers and merchants.
Sub-sector tags: fintech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fawry has raised $51M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $51M on 2022-01-24.
Most recent recorded round closed around 2022-01-24.
Valuation (modeled)modeled
Provath models Fawry at approximately $1.2B (range $382M–$1.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.94× the median modeled value of Growth/Late Fintech companies in 2022–2024 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 4.4 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 97% of Fintech peers (1063 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Metropolis Technologies, Inc., Stripe, Inc., Deel, Inc., Amenli, My Easy Transfer.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.