TPay acquires carrier billing provider DCBEgypt

17 August 2017

Mergers, Acquisitions and Financial Results

MENA region mobile payments specialist TPay has acquired DCBEgypt, the second-largest provider of direct carrier billing in Egypt, for an undisclosed amount.

This is TPay's first acquisition after launching three years ago. Since then the company has processed over 2.3 billion transactions across 13 countries. The takeover strengthens its lead on the Egyptian market, where the company is based. 

Founded in October 2014, DCBEgypt offers direct carrier billing services with two mobile operators in Egypt. 

Source: Daily News Egypt