Aman Holding, a Raya Holding portfolio company and Egypt’s most integrated fintech group, has announced its financial results for 2024 and Q1 2025, showcasing robust performance and accelerated growth across all sectors. This success was driven by geographic expansion, technological advancement, and the delivery of digital financial solutions tailored to a broad and expanding customer base.
As part of its firm commitment to sustainable growth and enhancing its financial position, Aman raised its capital to EGP 2.065bn in Q1 2025. The company reported revenues of EGP 6.4bn for 2024, marking a 41% increase over 2023, and recorded EGP 1.7bn in Q1 2025 alone.
Aman continued to expand its nationwide footprint, operating over 458 branches across 27 governorates—demonstrating its dedication to financial inclusion and accessible services for all societal segments.
Hazem Moghazi, Co-CEO of Business and Commercial Affairs at Aman Holding, stated: “We are proud of Aman’s achievements over the past year, which reflect the agility of our business model and our ability to respond to market dynamics. The SME and microfinance segment generated EGP 2.5bn in revenues—an 83% increase from 2023 to 2024—with total financing reaching EGP 7.1bn. In Q1 2025, this segment added EGP 2.1bn, supported by our growing branch network, now at 212 branches. We’ve also deepened partnerships with key financial institutions, including the Arab African International Bank, EG Bank, Bokra, and the Export Development Bank of Egypt.”
He continued: “Our Islamic finance portfolio continues to grow, with over 5,000 transactions totaling EGP 267m in 2024 and 1,700+ additional transactions worth EGP 83m in Q1 2025 across 19 branches. In consumer finance, we issued EGP 5.6bn in 2024 and EGP 1.8bn in Q1 2025. Our branch network expanded from 244 to 253 during this period. Customer numbers rose by 14% in 2024 and surged an additional 27% in the first quarter of 2025. Regionally, we signed an MoU with Jarir Marketing Company in Saudi Arabia, a leading retail group in the Gulf, and Almanea Company, one of the Kingdom’s largest electronics retailers. Our total credit facilities increased to EGP 9bn in 2024 and reached EGP 12bn in Q1 2025, reflecting strong demand and growing trust in our model.”
Mohamed Wahby, Co-CEO of Products & Technology at Aman Holding, commented: “Our digital payments business grew by 32% in 2024, reaching over EGP 58bn across 560 million transactions. Growth continued in Q1 2025, with 22% growth and transactions totaling EGP 17bn across 145 million operations. Our nano-financing programmes supported over 4,000 merchants. The Aman SuperApp also saw remarkable adoption, with 569,000 downloads in 2024 and 151,000 more in Q1 2025. Transactions via the app exceeded EGP 1.2bn, highlighting increasing customer reliance on our digital ecosystem.”
He added: “We are continuously investing in digital infrastructure and cybersecurity aligned with international standards to ensure secure, reliable services. Aman has obtained globally recognized certifications such as ISO 27001, ISO 27017, PCI PIN, and PCI DSS. Our 24/7 Security Operations Center (SOC) employs predictive analytics to proactively identify and address risks.”
Regarding talent development, Wahby noted: “Our people are central to our strategy for growth and innovation. We are proud of our workforce of over 7,682 employees. Through Aman Academy, we deliver specialized training programmes. We recently celebrated the second cohort’s graduation from our Mini MBA programme in partnership with Bloom Business School–FZC, affirming our commitment to leadership development and continuous learning.”
As part of its ongoing CSR initiatives, Aman announced a strategic partnership with the Embassy of the Netherlands in Egypt under the Challenge Fund for Youth Employment (CFYE) and Entreprenelle. The programme aims to empower 21,000 youth and women across six governorates through microloans and comprehensive entrepreneurship training. Aman will recruit and train 400 loan officers—70% of whom are women—to provide technical field support, while over 165 senior staff and loan managers will undergo advanced training to support the project lifecycle.
To further diversify its funding base and strengthen liquidity, Aman completed a securitization issuance valued at EGP 4.8bn in 2024, reflecting its solid financial position and sustained investor confidence.
Aman Holding continues to deliver long-term value to Egypt’s economy and society through strategic service expansion, investment in digital innovation and talent, and its role as a leading enabler of fintech and inclusive finance.
