Fawry, Egypt’s leading provider of digital payments and financial technology solutions, has announced the full acquisition of Dirac Systems, a cloud-based platform specializing in HR and accounting solutions for businesses, in a deal whose value remains undisclosed.
Dirac Systems offers cutting-edge digital tools that empower HR teams to effectively manage workforce challenges while ensuring full compliance with Egypt’s Labor Law. Additionally, its business accounting platform enhances financial accuracy, streamlines operational workflows, and guarantees adherence to Egypt’s tax and financial regulations.
Currently, the integrated solutions — now branded as Fawry Dirac — are focused on small and medium-sized enterprises (SMEs), enabling them to digitize and optimize their operational processes. However, Fawry Dirac plans to expand its services to large enterprises in the near future, leveraging scalable, flexible, and robust systems tailored to complex business needs.
This full acquisition follows Fawry’s earlier investment in Dirac Systems earlier this year, reinforcing the company’s strategic commitment to providing innovative, end-to-end digital solutions. Through this move, Fawry aims to enhance digital transformation, operational efficiency, and regulatory compliance across various sectors, while continuing to develop future-ready technologies that evolve with market demands.