Cairo – Mubasher: Fintech group Aman Holding, a subsidiary of the listed Raya, has achieved revenues of EGP 6.40 billion in 2024, marking a 41% increase compared to 2023.

The company also unveiled a revenue of EGP 1.70 billion in the first quarter (Q1) of 2025, according to an official statement.

Aman Holding’s financial results for 2024 and Q1-25 reflect strong performance and accelerated growth across all areas, driven by geographic expansion, technological innovation, and the provision of digital financial solutions tailored to a broad and growing customer base.

Furthermore, Aman Holding increased its capital to EGP 2.065 billion by the end of Q1-25, as part of its commitment to sustainable growth and strengthening its financial position.

In terms of geographic outreach, the company expanded its presence across Egypt, operating more than 458 branches in 27 governorates.

Co-CEO of Business and Commercial Affairs at Aman Holding, Hazem Moghazi, said: “The small and medium enterprises (SME) and microfinance segment generated EGP 2.50 billion in revenues and grew by 83% from 2023 to 2024, with total financing of EGP 7.10 billion.”

Moghazi added: “Q1-25 contributed an additional EGP 2.10 billion, supported by our expanding branch network, now reaching 212 branches.”

He further noted that the group strengthened its partnerships with leading financial institutions, including the Arab African International Bank (AAIB), EG Bank, Bokra, and the Export Development Bank of Egypt (EBank).

Moghazi elaborated that the 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 Q1-25, across 19 branches.

In consumer finance, Aman Holding recorded EGP 5.60 billion in issuances during 2024 and EGP 1.80 billion in Q1-25.

In addition, the branch network also expanded from 244 to 253 locations at the end of Q1-25.

The number of customers also increased by 14% in 2024, followed by an additional 27% growth during the first three months (3M) of 2025.

As for the regional presence, Moghazi stated: “We signed 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.”

He concluded: “Our total credit facilities rose to EGP 9 billion in 2024 and surged to EGP 12 billion by the end of Q1-25, reflecting increasing demand and growing confidence in our business model.”

Products & Technology

From his part, Mohamed Wahby, the Co-CEO of Products and Technology at Aman Holding, said that the group’s digital payments business grew by 32% in 2024, reaching over EGP 58 billion across 560 million transactions. The momentum continued in Q1-25, achieving 22% growth and totaling EGP 17 billion across 145 million transactions. He added that Aman Holding’s nano-financing programs also supported more than 4,000 merchants. Meanwhile, AMAN SuperApp delivered exceptional results, with 569k downloads in 2024 and an additional 151,000 in Q1-25. The total value of transactions conducted through the app exceeded EGP 1.20 billion, reflecting rising customer reliance on integrated digital ecosystem.

Wahby added: “We continue to invest in digital infrastructure and cybersecurity in accordance with international standards to ensure secure and reliable financial services…. 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.”

He pointed to AMAN Academy, through which the group continues to deliver specialized training programs, adding: “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.”

To further strengthen its funding base and diversify liquidity sources, AMAN completed a securitization issuance worth EGP 4.80 billion in 2024, reflecting its strong financial position and sustained investor confidence.

It is worth noting that earlier in 2025, Aman Holding and Tanmeyah, a unit of EFG Holding, partnered to offer new digital channels that allow customers to receive their financing and pay their installments more easily and flexibly.