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Central Bank of Egypt Launches FinTech Got Talent 2025 to Boost Youth Innovation

Written by: Marwa Abu Zaher

The Central Bank of Egypt (CBE) has launched the third edition of the FinTech Got Talent 2025

competition, part of its ongoing efforts to support youth and strengthen Egypt’s position as a

regional hub for financial technology (FinTech) innovation The initiative, implemented through

the FinYology program under FinTech Egypt, is organized in collaboration with the Federation

of Egyptian Banks (FEB) and the Egyptian Banking Institute (EBI), targeting university students

with innovative FinTech projects

CBE Hosts the Third Edition of FinTech Got Talent

 Central Bank The official launch event was held recently at the CBE, with Rami Aboulnaga, Deputy

Governor, delivering the opening speech The event gathered senior officials from the CBE

banking sector leaders, and representatives from leading Egyptian universities

In his address, Mr. Aboulnaga highlighted that the competition is aligned with the CBE’s

FinTech and Innovation Strategy, focusing on developing young talent with the practical

skills needed to meet labor market requirements. He emphasized that the competition also

demonstrates effective collaboration between the banking sector and the educational system

 promoting digital transformation, financial inclusion, and an innovative ecosystem for youth in Egypt

Competition Stages and Incubation Program

 Central Bank The FinTech Got Talent 2025 competition featured multiple stages, starting with university

-level eliminations and culminating in the selection of 11 top projects. These projects were

incubated through a one-month intensive program at DMZ Cairo, aimed at transforming

innovative student ideas into practical, market-ready solutions

The competition concluded with the announcement of the three winning projects

First Place – ESLSCA University Tapay, a mobile application that converts any smartphone

into a contactless payment terminal, enabling merchants to accept NFC payments without

traditional POS devices Second Place – British University in Egypt (BUE) Money Adventure

the first gamified financial literacy app designed to make financial education fun and engaging

for children Third Place – Cairo University AgriDawar, a digital platform connecting farmers

directly with buyers of agricultural surplus, leveraging e-payment systems and e-wallets for

transparent and instant transactions

Egyptian Teams Shine in Arab FinTech Challenge

 Central Bank The winning teams earned the opportunity to represent Egypt in the Arab

FinTech Challenge, held in Dubai in October 2025 Notably, ESLSCA University and BUE secured

first and second place, respectively, competing against top universities from the UAE, Saudi Arabia

Qatar, and Morocco Dr. Rasha Negm, Assistant Sub-Governor for FinTech and Innovation

at the CBE, emphasized that these achievements reflect the exceptional talent of Egyptian

youth in FinTech and strengthen Egypt’s position as a leading regional innovation hub

 Central Bank: Nurturing FinTech Innovation and Startups

 Central Bank Launched in 2023, the FinTech Got Talent competition is the first of its kind in Egypt

under the FinYology initiative, which integrates students into practical, hands-on

environments The initiative equips participants with the skills and experience needed

to adapt to global FinTech developments and enhances their creative capabilities across

multiple domains to meet labor market demands Currently, FinYology spans over 30 Egyptian

universities, delivering 900 student-led projects with participation from approximately 19,000

students Supported by around 18 Egyptian banks, the initiative exemplifies the CBE and the

banking sector’s commitment to youth empowerment, entrepreneurship, and fostering a

vibrant FinTech ecosystem in Egypt