Egypt Post to launch mobile platform for investment funds as part of digital expansion

Egypt Post said Wednesday it plans to introduce Floussy (My Money), a mobile app enabling citizens to buy and redeem investment fund certificates, as the state postal service enhances its digital and financial services under a newly appointed board.

Communications Minister Amr Talaat met with the new board, chaired by Dalia El-Baz, thanking outgoing members for their contributions to modernising the postal system.

“Egypt Post has built nearly 160 years of trust with citizens as a primary provider of government and postal services,” Talaat said. He emphasised that the Authority will continue to expand services while maintaining efficiency and public confidence.

Since 2018, the service has added around 1,000 new outlets—including 770 post offices, alongside kiosks, and mobile units—and deployed more than 3,000 ATMs, now covering roughly 70 percent of branches nationwide. More than 85 percent of offices have been modernised, and the postal authority is nearing completion of objectives under the three phases of the government’s Hayat Kareema Initiative.

The postal service has also launched Waslaha, a programme to support e-commerce, established 47 logistics centres, and tripled the exhibits in its Postal Museum, aiming to become one of the region’s leading institutions.

El-Baz said Egypt Post plans to expand non-banking financial services and other government or financial offerings through its nationwide network. She said the Floussy app would launch alongside the next Postal Day, while the Easy Pay app would be relaunched with E-Finance to allow easier mobile financial transactions.

Talaat said the modernisation efforts aim to strengthen citizens’ trust, advance digital transformation, and reinforce Egypt Post’s role in financial inclusion and economic development.

Attribution: Amwal Al Ghad English