Modupay Powers Souhoola’s New Prepaid Card Launch in Partnership with Banque Misr and Visa

    Fintech Gate: REHAM ALI 

Modupay announced that it is powering the launch of a new prepaid card for Souhoola, developed in partnership with Banque Misr

and Visa, following preliminary approval from the Central Bank of Egypt.

The new prepaid card aims to provide customers with greater control over their spending through a secure, flexible, and seamless digital payment experience, reflecting the increasing demand for innovative financial solutions in Egypt’s evolving fintech ecosystem.

Under the partnership, Modupay is providing the technology infrastructure, payment processing capabilities, and expertise needed to enable Souhoola to roll out the product efficiently and at scale. The collaboration highlights the partners’ shared commitment to accelerating digital payments adoption and enhancing financial inclusion.

The launch also underscores the growing role of strategic partnerships between fintech companies, banks, and global payment networks in driving innovation and expanding access to modern financial services across the Egyptian market.

Modupay reaffirmed its commitment to empowering partners with advanced technology and scalable solutions to bring new financial products to market quickly and securely, supporting the broader shift toward a more digital and customer-centric financial landscape.

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