Granite Financial Holding, a digitally enabled asset management company, has received a fintech licence from the Financial Regulatory Authority (FRA), paving the way for the immediate launch of its proprietary mobile application, the Granite Money Market Account (Granite MMA). The introduction of the Granite Money Market Account comes at a pivotal time for Egypt’s financial landscape. Through the mobile application, individuals can complete fully digital account opening and electronic know-your-customer (e-KYC) procedures within minutes, without paperwork or branch visits. The Granite Money Market Account can also be linked to any Egyptian bank account, allowing smooth transfers in and out. “If you have excess cash that you want to keep liquid and accessible, the Granite Digital Money Market Account offers a safe, secure and easy-to-use solution,” he said.

Source: Daily News Egypt January 18, 2026 20:07 UTC