The transaction expands eFinance’s digital ecosystem into regulated MSME lending and highlights the growing role of EGX-listed shares as an acquisition currency for transformational growth

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa, announced today that its Investment Banking division acted as sole financial advisor to eFinance for Digital and Financial Investments S.A.E. (“eFinance” or the “Group”) on its proposed full acquisition of Tamweely Financial Services (“Tamweely”), a leading Egyptian non-bank financial services provider focused on micro, small, and medium-sized enterprises (“MSMEs”).

The transaction marks an important evolution in eFinance’s growth story, extending the Group beyond digital financial infrastructure into regulated financial services. By combining Tamweely’s established MSME lending platform with eFinance’s technology, data, and distribution capabilities, the Group is positioned to capture more value from the economic activity flowing through its ecosystem and unlock new opportunities across recurring financial services revenues, embedded finance, and data-led lending.

Commenting on the transaction, Maged El-Ayouti, Co-Head of Investment Banking at EFG Hermes, said: “We are proud to advise eFinance on a transaction that has the potential to shape the next chapter of the Group’s growth story by combining eFinance’s digital infrastructure, data, and distribution capabilities with Tamweely’s regulated lending platform. Importantly, the transaction also demonstrates how the increasing depth and liquidity of Egypt’s capital markets, with average daily EGX trading liquidity now approaching USD 250-300 million and the rerating of market valuations, which is broadening the opportunity set for new IPOs and enabling listed companies to increasingly leverage their equity as an acquisition currency to pursue transformational growth. This transaction marks our fifth M&A advisory that has been signed in the last few months, in addition to closing 16 transactions so far this year, underscoring the accelerating momentum in transaction activity against a complex geopolitical backdrop and EFG Hermes’ position at the forefront of that activity.”

The acquisition also demonstrates the growing potential for EGX-listed companies to deploy their shares as strategic acquisition currency while maintaining capital discipline. The consideration combines cash, newly issued eFinance shares, and performance-linked earnout consideration, including approximately 146.1 million new shares, representing around 4.0% of the enlarged share capital, alongside upfront cash consideration of up to EGP 956.4 million.

Completion remains subject to customary conditions and approvals, including eFinance’s Extraordinary General Meeting and relevant regulatory approvals, including those of the Financial Regulatory Authority (FRA). Closing is expected in the second half of 2026, subject to the satisfaction of applicable conditions precedent.

-Ends-

About EFG Holding:
EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a financial institution that boasts a legacy of more than 40 years of success in five countries spanning two continents. Operating within three distinct verticals — the Investment Bank (EFG Hermes), Non-Bank Financial Institutions (NBFI) (EFG Finance), and Commercial Bank (Bank NXT) - the company provides a comprehensive range of groundbreaking financial products and services tailored to meet the needs of a diverse clientele, including individual clients and businesses of all sizes.

EFG Hermes, the leading investment bank in the Middle East and North Africa (MENA), offers extensive financial services, encompassing advisory, asset management, securities brokerage, research, and private equity. In its domestic market, EFG Holding serves as a universal bank, with EFG Finance emerging as the fastest-growing NBFI platform, comprising Tanmeyah, a provider of innovative and integrated financial solutions for micro and small business owners and entrepreneurs, EFG Corp-Solutions, which provides leasing and factoring services, Valu, a universal financial technology powerhouse, Bedaya for mortgage finance, Kaf for insurance, and EFG Finance SMEs, which provides financial services for small and medium enterprises. Furthermore, the company delivers commercial banking solutions through Bank NXT, an integrated retail and corporate banking product provider in Egypt.

Proudly present in: Egypt | United Arab Emirates | Saudi Arabia | Kuwait | Bahrain |

Learn more about us at www.efgholding.com

For further information, please contact:

May El Gammal
Group Chief Marketing & Communications Officer of EFG Holding
melgammal@efgholding.com

Omar Salama
Head of Communications of EFG Holding
osalama@efgholding.com

The EFG Holding Public Relations Team
PublicRelations@efgholding.com

Note on Forward-Looking Statements 
In this press release, EFG Holding may make forward-looking statements, including, for example, statements about management’s expectations, strategic objectives, growth opportunities, and business prospects. These forward-looking statements are not historical facts but instead represent only EFG Holding’s belief regarding future events, many of which, by their nature, are inherently uncertain and are beyond management’s control and include, among others, financial market volatility; actions and initiatives taken by current and potential competitors; general economic conditions and the effect of current, pending, and future legislation, regulations and regulatory actions. Accordingly, the readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.