e& money added approximately 3.4 million wallets during the first half of 2026, raising its share of registered wallets in Egypt to 23% and its share of the number of financial transactions to 20%, according to indicators from the National Telecommunications Regulatory Authority.
e& money, a subsidiary of e& Egypt, increased the number of wallets registered on its platform from 9.7 million in the first half of 2025 to 13.1 million wallets during the first half of 2026, an increase of approximately 3.4 million wallets. According to the latest indicators from the National Telecommunications Regulatory Authority (NTRA), the platform’s share of total registered wallets in the Egyptian market rose from 21% to 23%, while its share of active wallets reached 24%.
Growth was not limited to registrations. e& money’s share of the number of financial transactions executed through e-wallets rose from approximately 11% to 20% during the same period, while its share of the total value of transactions increased to 14%, compared with 10% in the first half of the previous year.
The E-Wallet Market Expands
NTRA figures show the expansion of digital financial activity in Egypt during the first half of 2026, as the number of transactions through e-wallets increased by 62% to 2.22 billion transactions, compared with 1.37 billion transactions in the first half of 2025. The total value of transactions also rose by 56%, from EGP 1.90 trillion to EGP 2.96 trillion.
Accordingly, e& money’s results point to growth in its user base alongside increased actual usage, rather than merely an increase in the number of registered wallets. However, the published figures do not provide separate details on the number of unique users, the average transaction value, or the distribution of activity among service types. Such data is necessary to assess the nature of this growth more deeply.
What Is Supporting the Platform’s Expansion?
e& money expanded the scope of its services to include international financial transfers, medical discount cards in cooperation with HealthTag, and installment services in cooperation with Contact. The company says that adding these services helped transform the wallet from a transfer and payment tool into a platform covering multiple financial and service needs.
Ahmed Yahya, Chief Executive Officer of e& Financial Technology and Digital Applications, said that the jump in the platform’s share of transactions reflects customers’ reliance on it for their daily needs. For his part, Osama Abbas, Vice President of Financial Technology at e& Egypt, explained that e& money relies on fixed and unified fees instead of percentage-based or variable fees, while continuing to offer new promotions and services.
Why Does This News Matter?
The results place e& money among the leading drivers of competition in Egypt’s digital payments and wallets market, particularly since its share of transactions rose at a faster pace than its share of registered wallets. This means that measuring competition depends not only on the number of wallets, but also on the platforms’ ability to convert registrations into recurring usage. Nevertheless, a full comparison among platforms remains limited in the absence of more details on the performance of each service, the profitability of the business, and user retention rates.