Basata Financial Holding and Edge Holding Announce Strategic Partnership to Accelerate Financial Inclusion in Egypt

بواسطة FinTech Gate في أكتوبر 30, 2025

Cairo, October 30th, 2025:

Basata Financial Holding and Edge Holding for Investments are proud to announce a new strategic partnership in Basata Microfinance, one of Egypt’s leading players in the microfinance sector. Under the terms of the agreement, Edge Holding will acquire, through a capital increase, a 30% equity stake in Basata Microfinance and assume management responsibilities to support the company’s expansion and operational scaling.

Financial Inclusion

This partnership marks a significant milestone in both companies’ shared commitment to promoting financial inclusion and delivering innovative financial solutions to underserved individuals and small and medium-sized enterprises (SMEs) across Egypt. Together, Basata Financial Holding and Edge Holding will collaborate to:

Expanding Basata Microfinance’s reach across Egypt
Enhance operations and governance
Expand product offerings and integrate digital financial services
Creating synergies with sister companies like Basata Pay, streamlining payments and customer experience, enabling and unlocking new cross-platform financial solutions
Serve communities more effectively with tailored financial tools

Leadership Remarks

Aladdin Saba, Chairman of Basata Financial Holding, commented:
“This partnership with Edge Holding reflects our shared commitment to expanding financial access and empowering Egypt’s micro-entrepreneurs. By combining Basata’s deep market experience with Edge’s strategic capabilities, we are well-positioned to accelerate inclusive growth, foster innovation, and contribute meaningfully to Egypt’s economic development.”

Amir Kirrolos, CEO of Edge Holding for Investments, commented:
“We look forward to working closely with Basata to scale its reach and impact. This investment is a natural extension of our mission to build a robust and inclusive financial ecosystem.”