MasrPay Boosts Payment Gateway and Cybersecurity Following Strategic Capital Increase in Egypt
By Lauren Towner · 5 October 2026

MasrPay has finalized a capital increase following approval from the Central Bank of Egypt, signaling a significant push into the country's digital payment infrastructure. For fintech professionals, this move underscores the intensifying competition in Egypt’s merchant services sector and the critical role of regulatory compliance in scaling secure, high-volume payment gateways across the MENA region.
What was announced
The capital injection is earmarked for a comprehensive upgrade of MasrPay’s technological foundation. Specifically, the firm is targeting investments in cybersecurity, operational systems, and its core payment gateway capabilities. This infrastructure development is intended to support a higher volume of transactions while maintaining business continuity and reliability for its merchant clients. The approval from the Central Bank of Egypt (CBE) is a pivotal regulatory hurdle, clearing the way for MasrPay to deploy these new resources into the local market.
Beyond the immediate technical upgrades, the company is focusing on the launch of additional digital payment solutions tailored for businesses and merchants. Ali Taha, Chief Business Officer of MasrPay, highlighted that the foundation of this growth is built on secure and scalable technology that meets strict regulatory requirements. The objective is to ensure that as the business expands, the underlying technology can scale without compromising service quality or security. This phase of investment is not just about capacity but also about operational efficiency, ensuring that the payment gateway remains resilient as the Egyptian digital economy evolves. The company views Egypt as a key market and is positioning its infrastructure to accommodate future growth in transaction volumes through these strengthened operational systems.
"The increase in MasrPay’s capital following approval from the Central Bank of Egypt represents an important milestone in the company’s journey and reflects our shareholders’ confidence and continued commitment to investing in the growth of our business in the Egyptian market."
Eng. Tamer Shawer, CEO of MasrPay.
The companies involved
MasrPay operates as a key component of the regional GlobalPay ecosystem. The parent entity, GlobalPay FZCO, is headquartered in the United Arab Emirates and maintains a strategic focus on financial technology investments and payment solutions across the Middle East. GlobalPay’s regional footprint is extensive, including a significant presence in Saudi Arabia through GlobalPay KSA – Alam Al-Dafaa. This cross-border structure allows the group to leverage technological synergies across different regulatory environments.
GlobalPay FZCO, which can be found online at globalpayholding.com, acts as the central hub for these regional operations, providing the investment and technological oversight necessary for its subsidiaries to compete in high-growth markets like Egypt and Saudi Arabia. In Egypt, MasrPay is positioned to bridge the gap between traditional banking infrastructure and the modern needs of digital merchants. The company’s leadership, including CEO Eng. Tamer Shawer and Chief Business Officer Ali Taha, are focused on building long-term partnerships with banks and businesses to solidify MasrPay’s position within the Egyptian financial landscape as a provider of sustainable and scalable payment solutions.
What FF News has reported before
FF News has previously tracked the investment trajectory of MasrPay’s parent organization. In September 2026, we reported that Saudi Tech Leader Abdulaziz Al-Salloum Takes 10% Stake in GlobalPay for MENA Growth. This acquisition by a prominent Saudi entrepreneur highlighted the increasing capital flow into GlobalPay FZCO and signaled a broader strategy to dominate the MENA fintech space. The investment was a clear indicator of the group's intent to scale its operations across the UAE, Saudi Arabia, and Egypt, providing the necessary backing for the capital increases now being seen at the subsidiary level.
What this means
The completion of this capital increase reflects the maturing regulatory environment in Egypt. As the Central Bank of Egypt tightens its oversight of digital payment providers, only well-capitalized firms with a focus on cybersecurity and infrastructure will be able to compete for market share. This move puts immediate pressure on smaller, less-funded payment processors that may struggle to meet the CBE’s evolving standards for business continuity and operational security. Furthermore, the regional integration of the GlobalPay ecosystem suggests that the future of MENA fintech lies in firms that can navigate the distinct regulatory requirements of the UAE, KSA, and Egypt simultaneously. The real test for the sector will be whether these infrastructure investments can translate into lower friction for merchants in an increasingly crowded gateway market.
Companies in this story: GlobalPay FZCO, MasrPay
People in this story: Tamer Shawer, Ali Taha