Jumia launches JumiaPay with National Bank of Egypt partnership

Jumia announced strategic partnership with payment service provider launch with National Bank of Egypt on December 31, 2021.

Primary

Jumia

Counterparty

National Bank of Egypt

Structure

strategic partnership with payment service provider launch

Date

December 31, 2021

Sub-sector

Payments

Jumia expands digital payments infrastructure in Egypt via partnership with NBE, enabling off-platform payment processing and SME penetration.

Primary company

Jumia

Counterparty

National Bank of Egypt

Amount

—

Event date

December 31, 2021

Sub-sector

Payments

HQ

—

Structure

strategic partnership with payment service provider launch

Source published

December 31, 2021

Publisher

IBS Intelligence

Source: ibsintelligence.com