eFinance Investment Group
Egyptian group listed on the Egyptian Exchange since October 2021. Its subsidiaries run digital payments, tax, health insurance and customs technology for government and business.
Industry: Digital payments and financial technology | Location: Giza, Egypt | Founded: 2005
About eFinance Investment Group
eFinance Investment Group, known as EFIG, is an Egyptian digital payments and financial technology group whose parent is e-finance for Digital and Financial Investments S.A.E. Its website describes the group as an investment management firm that holds subsidiaries offering digital services.
The website says the group was founded in 2005 as Egypt's first fintech platform. Its shares listed on the Egyptian Exchange in October 2021 under the ticker EFIH.CA. Ibrahim Sarhan is chairman and chief executive. The twelve-member board includes representatives of National Bank of Egypt, Banque Misr and the Saudi Egyptian Investment Company.
The group's brands include eFinance, eKhales, eNovate, eAswaaq and eNable. Its website says eTax, launched in 2020, operates Egypt's electronic tax system, including e-Invoice and e-Receipts, with the tax authorities. eHealth, established in 2021, supplies technology for the Universal Health Insurance program, and Misr Technology Services, established in 2015, digitizes customs operations under a 20-year contract. The group also lists stakes in elDelta, Sahl and EasyCash.
In July 2026 eFinance signed a cooperation protocol with the State-Owned Enterprises Unit to host and operate the digital infrastructure of the Rasheed platform. The startup Cobi has a five-year agreement with eNovate, according to TechScoop and the group has signed a memorandum of understanding with Saudi Thiqah Business Services on expanding beyond Egypt.
For FY2024, the group reported revenue of EGP 5,209.5 million, up 33.6 percent, and net profit after minority interests of EGP 1,776.0 million. Its 2025 annual report gives revenue of about EGP 6.8 billion, up 30 percent, and net profit of about EGP 2.4 billion. First-half 2026 revenue rose 29.3 percent, the website says.
In August 2026 the group agreed to buy all of Tamweely Financial Services, an Egyptian lender to micro, small and medium-sized businesses, for up to EGP 4.8 billion. Enterprise reported that the price is EGP 956.4 million in cash plus about 146.1 million new shares and an earn-out, and that the deal needs regulatory approval.
Leadership
- Ibrahim Sarhan, Chairman and Chief Executive Officer
- Wael Salem, Chief Financial Officer
- Tag Eldin Eltabbakh, Group Deputy CEO, Corporate Enablement
- Ahmed Sobhy, Deputy CEO for Investment and Finance
- Hossam El Goly, CEO, eFinance and eKhales
- Adel Mubarak, CEO, eNovate and eAswaaq Misr
- Maggi Dewedar, CEO, eNable
- Khaled Abdel Ghani, CEO, eTax