Fawry for Banking Technology and Electronic Payments (Fawry), a company which operates a digital-only financial services platform, has obtained a third-party administrator (TPA) licence in Egypt through its subsidiary Treemed TPA, marking a decisive expansion into healthcare services.
Treemed TPA is the first company established for the purpose of practising this activity provided for in the Unified Insurance Law 2024.
The TPA is launching Fawry Healthcare, a digital platform designed to streamline claims management, healthcare provider network administration, and digital healthcare payments. The system will also introduce additional services aimed at improving affordability and expanding access to medical care for patients, insurers, corporates, and healthcare providers.
Fawry said the platform will enhance operational efficiency across the healthcare ecosystem by digitising administrative workflows, reducing friction, and improving transparency between stakeholders. The company is integrating digital technologies and advanced analytics to strengthen fraud detection, reduce claims leakage, and improve real-time decision-making across the healthcare value chain.
“This licence marks a pivotal step in our strategy to expand beyond payments and become a key enabler across essential sectors. With Treemed TPA and the launch of Fawry Healthcare, we are bringing our digital capabilities into the healthcare space to simplify processes, reduce inefficiencies, and improve access to quality services for millions of Egyptians,” Mr Ashraf Sabry, Fawry CEO, said.