Egypt’s First SPAC Deal Signals New Era for Fintech Growth and Public Markets
Catalyst Partners Middle East finalized Egypt's first SPAC merger by acquiring Qardy. The transaction is valued at EGP 1.16 billion (approximately $23.15 million).
Catalyst Partners seals Egypt’s first fintech SPAC deal in $23m Qardy buyout
Catalyst Partners Middle East (CPME) completes Egypt’s first fintech SPAC merger by acquiring Qardy for $23 million. The acquisition of Qardy is executed through a share swap, aligning with CPME’s strategic expansion in digital lending.
