eNovate and Belbaqy Collaborate to Enhance Financial Inclusion and Digital Transformation in Egypt
eNovate, a subsidiary of eFinance Investment Group for Financial and Digital Investments, has announced the signing of a strategic partnership agreement with Belbaqy, a company specializing in innovative micro-investment solutions. This partnership aims to bolster ongoing efforts to enhance digital transformation and financial inclusion by providing innovative financial solutions that meet the needs of individuals in Egypt.
New Horizons for Saving and Investment
The partnership seeks to offer pioneering digital solutions through the Belbaqy platform, which enables users to convert small change from daily transactions into diverse investment opportunities, including:
- Fixed Income Instruments
- Stocks
- Precious Metals
Leadership Comments on the Partnership
Osama El-Shafei, Founder and CEO of Belbaqy, stated:
“At Belbaqy, we strive to offer innovative solutions that make a real difference in people’s lives while promoting financial literacy and inclusion. Our partnership with eNovate will allow us to expand our services to reach broader segments of society, opening new horizons for growth and value creation for our users and partners.”
He emphasized that collaboration with eNovate adds a new dimension to the digital solutions ecosystem provided by Belbaqy, enabling the company to reach new demographics and offer innovative services that improve lives and enhance saving and investment opportunities.
A Strategic Step for Developing the Egyptian Market
Nashwa Kamel, CEO and Managing Director of eNovate affirmed that this partnership represents a strategic move toward enhancing digital transformation and financial inclusion. She commented:
“We are committed to providing integrated solutions that improve user experiences and offer flexible tools supporting the digital economy. Our partnership with Belbaqy will help empower individuals to access innovative solutions that efficiently and seamlessly meet their daily needs.”
She added that the collaboration signifies progress in delivering comprehensive technological services that contribute to improving financial inclusion, creating new opportunities for economic growth, and maximizing the benefits of advanced digital infrastructure.
A Shared Commitment to Supporting the Egyptian Economy
This partnership reflects a clear commitment from both companies to support the Egyptian economy by:
- Providing innovative financial solutions.
- Enhancing financial inclusion across various societal segments.
- Leveraging advanced digital infrastructure.
- Creating new opportunities for sustainable economic growth.
Future Prospects
This collaboration serves as a model for successful partnerships between companies in promoting digital transformation and financial inclusion. With both parties dedicated to offering advanced solutions that meet the growing needs of the Egyptian market, this partnership paves the way for a more sustainable and inclusive future, contributing to improving people’s lives and supporting their economic aspirations.
