The Fawry Electronic Payments Company is considering applying to the concerned authorities to obtain a license to establish a digital bank in Egypt, according to the founder and CEO of the company, Ashraf Sabry, who confirmed in an interview with “Al Sharq with Bloomberg” that the final decision will be taken to obtain the license or not during the current year. Sabri explained that the company is looking into the possibility of obtaining a license without introducing a foreign partner with experience in the banking sector, especially since the payments company has experience in carrying out financial activities such as lending, adding that the company has no problem with funding to establish the digital bank, with the exclusion of increasing the company’s capital currently, as it owns Good liquidity volumes.