The Egyptian fintech company aims to become a leading platform in the MENA region. Built on blockchain technology, it integrates both business-to-business and business-to-customer approaches.

Munify, a new Egyptian fintech solution, aims to become a leading neobank for diaspora communities and international professionals. Built on blockchain technology, it integrates business-to-business and business-to-customer approaches to offer a comprehensive financial platform.

The company provides a mobile application available on both iOS and Android, which offers a full suite of financial tools. These include multi-currency accounts (USD, with EUR and GBP coming soon), non-custodial wallets, and virtual USDC cards for secure global payments and fund transfers. Users can also issue invoices directly from the platform.

Munify is designed to solve the challenges of expensive, time-consuming, and fragmented cross-border payments. The company builds its own "banking rails," which directly connect financial systems across different countries. This native architecture allows Munify to offer faster transactions with reduced fees, avoiding traditional channels like Western Union or MoneyGram. The solution also provides access to U.S. banking services with a simple local ID.

Founded in 2024 by Khalid Ashmawy, the fintech startup recently secured $3 million in a funding round to accelerate its engineering efforts, enhance regulatory compliance, and expand regionally. The company is part of the Summer 2025 cohort of the California-based accelerator Y Combinator, which participated in the funding round alongside BYLD and Digital Currency Group.

Adoni Conrad Quenum