Beltone Financial Holding SAE enter into letter of intent to acquire Cash Company For Microfinance on August 10, 2023. As of September 4, 2023, Beltone Financial Holding SAE entered into an agreement to acquire Cash Company For Microfinance. Egyptian Financial Regulatory Authority approved the transaction to proceed with the due diligence.

The transaction is still subject to regulatory approval. Matouk Bassiouny & Hennawy acted as legal advisor to Beltone Financial Holding SAE.