By ; Mohamed Elkholy 

AMAN Holding, a Raya Holding portfolio company and the most integrated fintech group in Egypt, has announced its financial results for 2024 and Q1 2025, reflecting strong performance and accelerated growth across all areas. The company’s success was driven by geographic expansion, technological innovation, and the provision of digital financial solutions tailored to a broad and growing customer base.

As part of its unwavering commitment to sustainable growth and strengthening its financial position, AMAN increased its capital to EGP 2.065 billion by the end of Q1 2025. The company recorded revenues of EGP 6.4 billion by the end of 2024, marking a 41% increase compared to 2023, and EGP 1.7 billion in the first quarter of 2025.

In terms of geographic outreach, AMAN continued to expand its presence nationwide, operating more than 458 branches across 27 governorates, underscoring its commitment to promoting financial inclusion and delivering accessible services to all segments of society.

Eng. Hazem Moghazi,  Co-CEO of Business and Commercial Affairs at AMAN Holding, stated: “We are proud of the milestones achieved by AMAN over the past year, which reflect the agility of our business model and our ability to adapt to market dynamics. The small and medium enterprises (SME) and microfinance segment generated EGP 2.5 billion in revenues and grew by 83% from 2023 to 2024, with total financing of EGP 7.1 billion. Q1 2025 contributed an additional EGP 2.1 billion, supported by our expanding branch network, now reaching 212 branches. We have also strengthened our partnerships with leading financial institutions, including the Arab African International Bank, EG Bank, Bokra, and the Export Development Bank of Egypt.”

He added: “Our Islamic finance portfolio continues to grow, with over 5,000 finance deals worth more than EGP 267 million in 2024, and 1.7k+ additional finances worth EGP 83 million in Q1 2025, across 19 branches. In consumer finance, we recorded EGP 5.6 billion in issuances during 2024 and EGP 1.8 billion in Q1 2025. Our branch network also expanded from 244 to 253 locations in the same period. The number of customers increased by 14% in 2024, followed by an additional 27% growth during the first three months of 2025. Regionally, we signed an MoU with Jarir Marketing Company, in Saudi Arabia, a key retail player in the Gulf, in addition to Almanea company, one of the Kingdom’s biggest electronics retailers. Our total credit facilities rose to EGP 9 billion in 2024 and surged to EGP 12 billion by the end of Q1 2025, reflecting increasing demand and growing confidence in our business model.”

Eng. Mohamed Wahby, Co-CEO of Products & Technology at AMAN Holding, commented:

“Our digital payments business grew by 32% in 2024, reaching over EGP 58 billion across 560 million transactions. The momentum continued in Q1 2025, achieving 22% growth and totaling EGP 17 billion across 145 million transactions. Our nano-financing programs also supported more than 4,000 merchants. Meanwhile, AMAN SuperApp delivered exceptional results, with 569k downloads in 2024 and an additional 151k in Q1 2025. The total value of transactions conducted via the app exceeded EGP 1.2 billion, reflecting rising customer reliance on our integrated digital ecosystem.”

He added: “We continue to invest in digital infrastructure and cybersecurity in accordance with international standards to ensure secure and reliable financial services. AMAN has obtained globally recognized certifications, including ISO 27001, ISO 27017, PCI PIN, and PCI DSS. We also operate a 24/7 Security Operations Center (SOC) leveraging predictive analytics to proactively identify and address potential risks.”

On talent development, Wahby added: “Our human capital is at the core of our growth and innovation strategy. Today, we are proud to have a workforce of over 7,682 employees. Through AMAN Academy, we continue to deliver specialized training programs. We recently celebrated the graduation of our second cohort from the Mini MBA program in partnership with Bloom Business School–FZC, as part of our commitment to building leadership capabilities and fostering a culture of continuous development.”

As part of its ongoing CSR initiatives, AMAN announced a strategic partnership with the Embassy of the Netherlands in Egypt under the Challenge Fund for Youth Employment (CFYE) and Entreprenelle. The program aims to empower 21,000 youth and women across six Egyptian governorates through microloans and comprehensive entrepreneurship training. The company will recruit and train 400 loan officers—70% of whom are women—to provide technical field support, while over 165 senior staff and loan managers will receive intensive training to enhance support throughout the project lifecycle.

To further strengthen its funding base and diversify liquidity sources, AMAN completed a securitization issuance worth EGP 4.8 billion in 2024, reflecting its strong financial position and sustained investor confidence.

Notably, AMAN Holding continues to deliver long-term value to both the economy and community through strategic service expansion, investments in digital innovation and human capital, and its positioning as a key enabler of fintech and inclusive finance in Egypt.

About AMAN Holding:

AMAN Holding - a Raya Holding portfolio company and the most integrated fintech group in Egypt encompassing “AMAN Electronic Payment Technology,” “AMAN for Financial Services", “AMAN for Business Finance,”Aman Consumer Finance” and “AMAN Securitization,” is among the first companies in Egypt working towards the Egyptian state's vision of digital transformation and financial inclusion. AMAN Group has developed an integrated Egyptian model that leverages promising opportunities in the non-banking financial technology sector. The company offers over 2,000 affordable and high-quality financial services to citizens with no bank accounts, aiming to help them achieve self-sufficiency. In a short period, each of these companies has emerged as a leader in its respective field, advancing the non-banking financial sector and introducing numerous innovative services and products.

For more information, please visit AMAN Holding’s official website: https://aman.eg/en/home/