Ashraf Sabry, Founder and CEO of Fawry, joins Moghamra in this episode to share his journey of building Egypt’s largest digital payment network and the leading fintech platform that has revolutionized the local financial landscape. Ashraf delves into how Fawry evolved its distribution model, raised institutional funding, and became a cornerstone of Egypt’s cashless transformation.In this conversation, Ashraf provides invaluable insights into what it takes to build a successful startup, common mistakes founders make, and his perspective on the current Egyptian startup ecosystem.
Drawing from his extensive experience, he offers a wealth of knowledge for aspiring entrepreneurs and fintech enthusiasts alike. Ashraf Sabry is a visionary entrepreneur and business leader with over two decades of experience in technology and finance.
Prior to founding Fawry in 2008, he spent 10 years leading sales at IBM Egypt and another decade as CEO of Raya Holding. Ashraf holds an MBA from Leeds University in the UK and has served on the boards of several prominent companies, including Oratech, Raya, ITIDA, and the Suez Canal Economic Development Zone.
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In this episode:
(0:00) Intro(1:46) What's Fawry?(7:00) Fawry's Growth(17:42) Market Entry Barriers(25:10) Fawry's Funding Journey(38:11) Fawry's Investments(45:59) Building a Successful Startup(1:08:25) Fawry Investing in AI(1:12:39) Reflecting on The Personal Journeyفي الحلقة (0:00) مقدمة(1:46) ايه هي فوري؟(7:00) نمو فوري(17:42) تحديات دخول السوق(25:10) رحلة تمويل فوري(38:11) استثمارات فوري(45:59) عن بناء شركة ناشئة ناجحة(1:08:25) استثمارات فوري في الذكاء الاصطناعي(1:12:39) عن رحلة أشرف صبري