Cairo – Mubasher: EME International announced the sale of its financial technology unit to electronic payment platform Fawry.
“EME has three separate mobile development divisions, one of which has been dedicated to mobile fintech development for Fawry in the past ten years,” according to a statement on Wednesday.
The value of the deal wasn’t disclosed.
The company plans to invest its resources in developing its core divisions and launching new ones, the statement added.
EME’s units include “innovative mobile sales, distribution, and operations solutions for FMCG customers as well as its signature division focused on mobile marketplaces in transportation, healthcare, microfinance, and human capital management,” the company noted.
