Every StartupHub.today article filed under E-commerce.
Network International is becoming the main partner for in-store payment services across Majid Al Futtaim's UAE stores. This exciting move aims to create a unified digital payment system, making shopping smoother and more modern for customers at one of the region's biggest retail groups.
Egypt is making big moves to support its young entrepreneurs and the franchising industry! Dr. Ashraf Sobhy, the Minister of Youth and Sports, recently oversaw a new partnership agreement between his Ministry and F&B Builders. This collaboration is set to boost both franchising and entrepreneurship, especially as Egypt gets ready for its major 'Egypt Expo 2026' event.
A new study by Juniper Research reveals that e-commerce fraud losses are set to jump from $56 billion in 2025 to over $131 billion by 2030. This massive 133% increase is largely due to a growing problem called 'friendly fraud,' where customers dispute legitimate charges without good reason. This trend is putting a huge strain on online businesses, pushing them to invest more in smart fraud prevention tools.
Great news! The Techno Time Awards for Excellence 2025 just announced that Souhoola, a leader in consumer finance, has won the prestigious award for Best Consumer Finance Application. This highlights their innovative approach to digital finance in Egypt.
Jumia, Africa's top e-commerce platform, and Mogo, a consumer finance company, have just announced an exciting new partnership! They're joining forces to bring more digital installment payment options to online shoppers across Egypt. This means customers will have more flexible ways to pay, making online shopping even easier and helping to grow the digital economy in the region.
