Fawry, a frontrunner in e-payment and banking technology, has teamed up with Hulul, a subsidiary of WideBot, a leader in Arabic-focused conversational AI in the MENA region.
This strategic alliance seeks to merge Fawry’s robust e-payment systems with Hulul’s AI-driven digital transformation services, bolstering the operations of small and medium-sized enterprises (SMEs).
The core of this partnership revolves around integrating Fawry’s cutting-edge FinTech services with Hulul’s AI platform. This integration aims to provide SMEs with a streamlined, secure electronic payment solution through AI-powered chat features, propelling their digital transformation and fortifying their market presence in Egypt.
Fawry excels in providing innovative FinTech solutions, particularly in electronic payments, playing a pivotal role in the financial sector. In contrast, Hulul, under the WideBot umbrella, specialises in AI-driven communication services, offering solutions through various channels like WhatsApp, Messenger, Instagram, and more. This synergy of financial technology and AI is set to redefine SME operations.
Heba El-Awady, Chief Business Officer at Fawry, said, “Fawry is working hard to encourage startups and small companies in many industries by providing them with a new and innovative package of services in the field of payment technology and techniques that help them achieve growth at their desired rates, especially after the great development witnessed in the investment climate, entrepreneurship and emerging companies in Egypt, which in turn contributes to advancing the Egyptian economy.”
Mohamed Nabil, CEO and Co-founder of WideBot, said: “We are proud to cooperate with “Fawry” and work with it side by side to bring about a comprehensive change in the business flow systems of small, medium and emerging companies, relying on an innovative combination of the latest financial technology and artificial intelligence tools, it enables it to provide an unparalleled experience through innovative, safe services and solutions.”
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