{"id":222423,"date":"2026-01-31T11:37:06","date_gmt":"2026-01-31T09:37:06","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egypts-nowpay-enters-saudi-arabia-in-20m-joint-venture\/"},"modified":"2026-01-31T11:37:06","modified_gmt":"2026-01-31T09:37:06","slug":"egypts-nowpay-enters-saudi-arabia-in-20m-joint-venture","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egypts-nowpay-enters-saudi-arabia-in-20m-joint-venture\/","title":{"rendered":"Egypt&#8217;s NowPay Enters Saudi Arabia in $20m Joint Venture"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"22\">NowPay is expanding into Saudi Arabia through NowAccess, a joint venture with Tas&#8217;heel, the consumer finance unit of United International Holding Company.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"38\">Tas&#8217;heel has invested US$20 million in the venture and will hold a 75% stake, with NowPay retaining 25%. The launch follows a memorandum of understanding signed earlier in 2025. The deal brings NowPay&#8217;s total funding to US$31 million.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"37\">Founded in 2019 by Mostafa Ashour, NowPay provides payroll-linked financial wellness tools that allow employees&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202601280001.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Egypt\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/egypt\/\">Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NowPay is expanding into Saudi Arabia through NowAccess, a joint venture with Tas&#8217;heel, the consumer finance unit of United International Holding Company. Tas&#8217;heel has invested US$20 million in the venture and will hold a 75% stake, with NowPay retaining 25%. The launch follows a memorandum of understanding signed earlier in 2025. The deal brings NowPay&#8217;s [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":222424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[14538,258,256,10999,415,6989,9519,6984,257,53536,9388,254,7918],"class_list":["post-222423","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-20m","tag-africa","tag-africa-news","tag-arabia","tag-egypt-news","tag-egypts","tag-enters","tag-joint","tag-news","tag-nowpay","tag-saudi","tag-south-africa-today","tag-venture"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/222423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=222423"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/222423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/222424"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=222423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=222423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=222423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}