Fawry Microfinance Co announced that it will receive EGP 35 million in an equity round of funding on January 15, 2020. The transaction will include participation from returning investor Fawry for Banking Technology and Electronic Payments S.A.E. (CASE:FWRY). Post closing, the registered capital of the company will increase from EGP 15 million to EGP 50 million. The transaction has been approved by the board of directors of the investor.