Mohamed Okasha is truly one of Egypt's most prominent entrepreneurs and investors in the FinTech sector. He's played a crucial role in founding and growing some of the most important digital payment companies and startups in the region.
Okasha, an Egyptian national, graduated from the American University in Cairo (AUC) in 1995, where he studied Computer Science and Business Administration. This academic background laid the foundation for his professional journey in the technology and telecommunications sector.
He kicked off his career at Raya Holding, working there for nearly ten years and moving up through various management positions. After that, he joined Vodafone Egypt, where he took on responsibilities in marketing and sales across several markets in Africa and Asia. This experience gave him a broad regional understanding of business management and international expansion.
In 2009, Mohamed Okasha co-founded Fawry alongside Ashraf Sabry and Magda Habib. Fawry later grew to become one of Egypt's largest digital payment platforms. Under his leadership, the company saw significant expansion in electronic payment services before being listed on the Egyptian Exchange in 2019. Its initial public offering was incredibly popular, oversubscribed by about 30 times, marking one of the FinTech sector's most notable successes in the local market.
After leaving Fawry in 2020, Okasha shifted his focus to direct investment in startups. He founded Disruptech Ventures, a venture capital firm specifically dedicated to supporting FinTech companies in Egypt. He launched the company with an initial investment fund of $25 million, aiming to finance dozens of startups over several years, with a strong focus on digital solutions for individuals and small and medium-sized businesses.
Disruptech's investment portfolio includes several companies operating in FinTech and digital services, such as those offering digital payment, financing, and business solutions. This clearly shows a commitment to boosting Egypt's digital economy.
Mohamed Okasha is widely regarded as a key figure in the region's digital transformation and entrepreneurship scene. He brings together hands-on operational experience in building successful companies with an investment vision that targets emerging markets, all while increasingly focusing on growth opportunities across the African continent, especially in the FinTech sector.
Related editorial
Paymob and UnionPay Team Up to Expand Digital Payments Across Egypt, Boosting Global Connections
Exciting news for Egypt's digital payment landscape! Paymob and UnionPay have joined forces to significantly expand UnionPay card acceptance at over 160,000 locations across the country. This fantastic partnership is set to make cross-border payments smoother, giving a big boost to tourism and digital commerce in Egypt.
FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open
The Financial Regulatory Authority (FRA) has debunked recent social media rumors claiming the closure of non-banking financial company branches. The FRA clarified that the decision being circulated is an old one, dating back to October 2025, and specifically does not apply to the non-banking financial companies mentioned in the rumors. The authority assures the public that the sector is operating as usual.
Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing
Egypt's inter-city logistics market is undergoing a significant transformation in how 'Line Haul' services are priced. Entrepreneur Ahmed Ameer explains that the industry is moving away from older methods like per-invoice or per-bag pricing towards a more modern 'per-shipment' model. This exciting shift makes logistics services much easier to measure and scale, ultimately boosting operational efficiency and helping businesses manage their costs more effectively.
Bank NXT and EFG Hermes Launch Egypt's First Card to Blend Daily Spending with Investments
Bank NXT and EFG Hermes have teamed up to launch Egypt's first co-branded credit card. This innovative card, designed specifically for EFG Hermes ONE clients, uniquely brings together banking and securities brokerage services, offering a seamless financial experience that connects everyday spending with investment growth.