Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Outsider art: Steve Braunias on the global interest in NZ’s ‘Picasso’
  • Renault names finance boss Duncan Minto as interim CEO as it cuts margin guidance
  • Public art gallery embellishes ‘neglected urban space’ under Highway 40 in Saint-Michel
  • Celebrities flock to exciting new art show celebrating women
  • XRP Mining Releases Cutting-Edge Mobile Platform for Passive Cryptocurrency Income
  • Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor
  • Standard Chartered launches crypto trading for clients
  • Millais treasure trove goes on long-term loan to Scottish gallery – The Art Newspaper
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Investments»Azimut Egypt obtains fintech license, launches digital investment platform “azinvest”
Investments

Azimut Egypt obtains fintech license, launches digital investment platform “azinvest”

July 6, 20242 Mins Read


Azimut Egypt announced Saturday that it has received approval from the Financial Regulatory Authority (FRA) to launch its “azinvest” platform, a first-of-its-kind fully digital investment platform offering access to Azimut’s range of investment funds and portfolios.

This move also marks the issuance of the first fintech license in Egypt’s asset management industry.

“azinvest” provides investors with one-click access to Azimut’s funds across various asset classes, including money market, fixed income, equities, multi-currency investments, and gold.

The platform leverages the recent advancements in the FRA’s regulatory framework governing the use of technology in the non-banking financial sector.

This development aligns with the ambitious financial inclusion plan set forth by the FRA and the Egyptian government.

The platform offers a fully digital onboarding experience, including e-KYC, e-identification, e-contracts, and e-registry, eliminating the need for physical presence or wet signatures.

This allows Azimut Egypt to serve its existing and potential clients digitally, empowering them to manage their savings and investments through the “azinvest” app.

The app allows users to browse Azimut’s funds, view details and prices, place buy and sell orders and conduct transactions such as deposits and withdrawals using various payment methods. Clients can also manage their investment portfolios digitally, aligning them with their evolving goals, needs, and preferences.

“azinvest” aims to democratize investments and promote financial inclusion by offering a user-friendly, compliant platform for investing in different asset classes through Azimut’s funds and portfolios, all under the supervision of the FRA.

The successful launch reflects the collaboration between Azimut Egypt and its technology partners, including Optimatica, Lumin, CyberSource, El-Delta Trust, and payment gateway partner Paytabs.

“We are excited to be writing a new chapter in the history of Egypt’s non-banking financial industry,” said Ahmed Abou El-Saad, CFA, MBA, CEO of Azimut Egypt.

“The launch of ‘azinvest’ with its fully digital onboarding experience is a groundbreaking development for the Egyptian investment asset management industry. We commend the FRA for its progressive approach in regulating the use of technology within the sector. ‘azinvest’ builds upon Azimut International Holding’s 18-year legacy of spreading financial knowledge and transferring its experience to new markets.”

 



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Fortuna Investments Expands to Midland, Texas, Strengthening Its Footprint in America’s Energy and Innovation Corridor

July 15, 2025 Investments

Here’s How To Diversify Low-Risk Investments | Business News

July 15, 2025 Investments

Uncertainties Fade, Opening Door To New Investments

July 14, 2025 Investments

Trump to unveil $90 billion in US AI and energy investments

July 14, 2025 Investments

Trump to announce $70 billion in AI and energy investments

July 14, 2025 Investments

Verlinvest to double annual India investments to $200 million, up its average cheque size

July 14, 2025 Investments
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Outsider art: Steve Braunias on the global interest in NZ’s ‘Picasso’

July 15, 2025 Art Gallery 14 Mins Read

There’s a thrilling moment in a Manhattan art gallery captured in a six-minute video on…

Renault names finance boss Duncan Minto as interim CEO as it cuts margin guidance

July 15, 2025

Public art gallery embellishes ‘neglected urban space’ under Highway 40 in Saint-Michel

July 15, 2025

Celebrities flock to exciting new art show celebrating women

July 15, 2025
Our Picks

Outsider art: Steve Braunias on the global interest in NZ’s ‘Picasso’

July 15, 2025

Renault names finance boss Duncan Minto as interim CEO as it cuts margin guidance

July 15, 2025

Public art gallery embellishes ‘neglected urban space’ under Highway 40 in Saint-Michel

July 15, 2025

Celebrities flock to exciting new art show celebrating women

July 15, 2025
Our Picks

Delhi HC Denies Bail in Rs 50 Cr Cryptocurrency Scam, Citing Flight Risks

July 15, 2025

Cyprus Stock Exchange reclassifies Unifast Finance shares

July 15, 2025

Art exhibition builds unity through colours, comradeship, community

July 15, 2025
Latest updates

Outsider art: Steve Braunias on the global interest in NZ’s ‘Picasso’

July 15, 2025

Renault names finance boss Duncan Minto as interim CEO as it cuts margin guidance

July 15, 2025

Public art gallery embellishes ‘neglected urban space’ under Highway 40 in Saint-Michel

July 15, 2025
Weekly Updates

How to Rachel Reeves-proof your portfolio

October 28, 2024

West Port Architects designs pop-up play space in Barbican Curve gallery

August 9, 2024

MGCCC Harrison County Campus to host Student Art Exhibition and Competition

April 7, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.