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Momkn Expands in the Education Sector Through Strategic Partnership with Benha University

 As part of its expansion strategy to support digital transformation and enhance e-payment services, Momkn, a subsidiary of the National Bank of Egypt, has signed a strategic cooperation agreement with Benha University. This partnership aims to deliver advanced digital solutions for tuition and postgraduate fee collection, while streamlining student services. 

Mostafa Gamal
Mostafa Gamal

Feb 15, 2025

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Mohab Gamal, Deputy CEO and Head of Business Development at Momkn, emphasized that this collaboration strengthens the company's role in the education sector and reflects its commitment to providing digital financial solutions that automate payment processes. This directly contributes to simplifying university fee collections, enhancing user experience, and reducing reliance on traditional cash-based transactions.


Gamal also highlighted that Momkn has developed a wide range of digital products and services tailored for various sectors, including government university payment systems and integrated automation solutions for hospitals. The company also plans to expand these services into new sectors in the near future.
He added that Momkn is committed to launching innovative financial services to support both banking and non-banking sectors. He expressed pride in the partnership with Benha University—one of Egypt’s leading academic institutions—stating that this cooperation is a key step in realizing the company’s vision to grow its presence across critical sectors, particularly higher education.


Gamal reaffirmed the company’s dedication to delivering comprehensive financial solutions that empower digital transformation and promote financial inclusion.
Dr. Nasser El Gizawy, President of Benha University, welcomed the partnership, noting that it aligns with the university’s efforts to digitize financial services and offer flexible, secure e-payment options for students and faculty members.
He added: “We are pleased with this strategic collaboration, which reflects our commitment to adopting cutting-edge digital solutions for financial operations. The agreement allows for seamless financial transactions through Momkn’s outlets or mobile application, ultimately improving the experience of both students and staff.”


Bassam Fawzy, Government Sector Director and Business Development Lead at Momkn, stated that the company has an ambitious expansion plan to strengthen its footprint across both public and private universities. He explained that Momkn is offering cutting-edge e-payment solutions designed to simplify payment processes for students and academic staff through seamless digital payment acceptance.
He added that these efforts contribute to simplifying financial procedures within educational institutions and accelerating the transition toward a cashless society.


It’s worth noting that Momkn, part of the National Bank of Egypt group, provides secure digital payment platforms and channels that support the shift toward a cashless economy. The company enables businesses and service providers to manage payment operations efficiently, while offering comprehensive digital payment solutions that advance digital transformation across various sectors.

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