Banque Misr and Modupay Unlock Nationwide ATM Access for Fintech Cards in Egypt

Mohammed Fathy

Last updated 5-03-2026

3 min

Banque Misr and Modupay completed direct ATM integration across Egypt.

Fintech cardholders access withdrawals, deposits, PIN changes and mini statements.

Access to cash remains “absolutely crucial” as digital adoption accelerates.

The system promises faster processing, real-time communication and fewer failed transactions.

The partnership strengthens a “hybrid model” of banks backing fintech growth.

Banque Misr and Modupay have taken another step in their collaboration, announcing a newly completed ATM direct integration that opens up the bank’s nationwide ATM network to fintech cards processed through Modupay’s platform.

In simple terms, this means that fintech programmes sponsored by Banque Misr and powered by Modupay can now plug directly into the bank’s ATM infrastructure across Egypt. Cardholders will be able to withdraw cash, deposit money at supported machines, change or set their PIN, issue mini statements and check balances , essentially accessing the full suite of services typically reserved for traditional bank-issued cards.

For anyone building or using fintech products in Egypt, that’s not a small detail. Access to cash remains absolutely crucial in a market where digital adoption is growing fast, yet cash is still king in many everyday transactions. I’ve seen first-hand how founders often treat ATM connectivity as a bit of a faff, complicated, technical, slow. So when an integration like this goes live nationwide, it feels like one less hurdle in an already challenging journey.

According to Ahmed Nafie, CEO of Modupay, the integration ensures fintech cardholders can now access the same financial services and convenience as direct bank customers. He described it as a meaningful shift towards a more inclusive financial landscape, giving millions of users equal access to essential services that support their day-to-day lives. Nafie also reiterated the company’s belief that expanding access to financial tools is key to driving prosperity in Egypt, adding that the partnership with Banque Misr underlines its focus on building a more inclusive and future-ready payments ecosystem.

Technically speaking, the direct integration is designed to deliver faster processing, improved reliability and secure, real-time communication between the two systems. That may sound like back-end jargon, but in practice it means fewer failed transactions and a smoother user experience — which, let’s be honest, is what customers really care about. When your cash withdrawal works seamlessly at 10pm in a busy Cairo district, that’s when infrastrcture proves its worth.

On the flip side, integrations like this also highlight how closely fintech growth in Egypt still depends on strong ties with established banks. Rather than bypassing traditional institutions, many startups are building on top of them. I reckon this hybrid model , old guard meets new tech , is what’s shaping the Egyptian market right now.

For readers of Arageek who follow the region’s startup scene closely, this move feels spot on. It strengthens the rails beneath fintech innovation, rather than just adding another flashy app on top. And believe it or not, sometimes the most impactful updates are not headline-grabbing funding rounds but these deeper, plumbing-level upgrades.

The partnership reflects a shared ambition between Banque Misr and Modupay to support the rapid expansion of digital financial services in Egypt. By giving fintech innovators access to robust, nationwide ATM infrastructure, they’re helping to create a more unified ecosystem , one where startups can scale with confidence and users can trust that their cards will simply… work. In a market moving as quickly as Egypt’s, that reliability might just make all the difference.

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