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Best Digital Banks in Egypt

The complete list of neobanks, mobile-only banks and digital banks in Egypt in 2024.
The list includes Neobanks for businesses and personal users.

4 Neobanks in Egypt

LogoNeobankHead OfficeFor whoVisit
DopayLondon, UKBusinessGo to Dopay
TeldaCairo, EgyptPersonalGo to Telda
FawryCairo, EgyptPersonalGo to Fawry
GreyDelaware, USAPersonal and BusinessGo to Grey

Which personal neobanks are best for residents of Egypt?

In Egypt, personal neobanks present a modern, cost-effective alternative to traditional banking. Operating exclusively online, these digital platforms deliver a variety of financial services, such as multi-currency accounts, international money transfers, and debit cards. Designed for frequent travelers, digital nomads, or anyone seeking streamlined financial management, neobanks offer a hassle-free and economical option tailored to contemporary lifestyles:
Telda logo

Founded: 2021

Headquarters: Cairo, Egypt

Users: +100,000 thousand

Countries available: Egypt

Account plans: prepaid debit card

Go to Telda
Fawry logo

Founded: 2008

Headquarters: Cairo, Egypt

Users: +20 million

Countries available: Egypt

Account plans: prepaid debit card

Go to Fawry
Grey logo

Founded: 2020

Headquarters: Delaware, USA

Users: unknown

Countries available: 64

Account plans: multi-currency accounts

Go to Grey

Which business neobanks are best for businesses based in Egypt?

Business neobanks in Egypt cater specifically to the needs of companies, offering customized banking solutions. These digital-only platforms provide a suite of services tailored for businesses, such as multi-currency accounts, international payment options, and tools for managing expenses. Whether you’re running a growing startup or a well-established company, business neobanks can simplify financial management while helping to cut costs:

Dopay logo

Founded: 2014

Headquarters: London, UK

Users: unknown

Countries available: Egypt

Account plans: 1 plan option

Go to Dopay
Grey logo

Founded: 2020

Headquarters: Delaware, USA

Users: unknown

Countries available: 64

Account plans: multi-currency accounts

Go to Grey

Why use a neobank?

Affordable fees and attractive pricing

Quick account setup and hassle-free onboarding

Intuitive design for easy navigation

Neobanks offer highly accessible, user-friendly mobile apps designed for a smooth, modern banking experience. Unlike traditional banks, which rely on complex processes and paperwork, neobanks provide a streamlined interface where users can manage finances, track transactions in real-time, and set up alerts with ease. This straightforward, app-based experience appeals to tech-savvy users and businesses alike, offering a practical solution for efficient financial management.

Advanced budgeting and financial tracking tools

Responsive support and community involvement

What Neobank: Your guide to modern banking.