The Egypt Financial Regulatory Authority has launched a digital system for factoring through its online portal, in partnership with e-Finance, aiming to modernise factoring operations and support the wider digitalisation of non-banking financial services. The first phase enables factoring companies to check invoices electronically to determine whether they have already been financed and to reserve invoices to help prevent duplicate financing. Invoice checks are supported through links with the Ministry of Finance and the Egyptian Tax Authority, intended to strengthen invoice verification and provide reliable, real-time data. The system also allows a factoring company to reserve an invoice until it pays the financing amount to the seller, after which the firm must submit proof of payment to maintain an accurate digital record of each transaction. The authority reported that factoring activity grew in 2025, with the value of factored receivables rising 77.8% to EGP 132.2bn from EGP 74.5bn in 2024. A second phase is planned to move factoring to a fully digital process, covering the end-to-end workflow from invoice verification through the payment of amounts due to clients.
Egypt Financial Regulatory Authority 2026-02-08
Egypt Financial Regulatory Authority launches phased digital factoring system to verify and reserve invoices
The Egypt Financial Regulatory Authority, with e-Finance, launched a digital system for factoring via its online portal to modernize operations and support digitalization of non-banking financial services. The system enables electronic invoice checks and reservations to prevent duplicate financing, linking to the Ministry of Finance and the Egyptian Tax Authority for real-time data verification. Factoring activity grew significantly in 2025, with factored receivables rising 77.8% to EGP 132.2bn.