Orion Consumer Finance (algo), a partnership between Talaat Moustafa Group (TMG) and AUR Leasing and Factoring, has received approval from the Financial Regulatory Authority (FRA) to operate in Egypt’s consumer finance sector, after fulfilling all regulatory requirements set by the authority. The approval comes in line with the state’s efforts to expand non-banking financial services and enhance financial inclusion. For his part, Amir Soliman, Founder and CEO of Orion Consumer Finance (algo), said the company aims to bring a qualitative shift to the consumer finance landscape by offering flexible, fast, and secure financing solutions through simplified, non-traditional procedures. As part of its forward-looking strategy, the company plans to launch algo, its flagship SuperApp, designed as a lifestyle-driven consumer finance platform. The initiative aligns with TMG’s broader commitment to offering innovative, digital-first solutions that enhance customer experience and support the evolution of Egypt’s consumer finance market.

Source: Daily News Egypt January 19, 2026 15:30 UTC