Ntg Group

What Ntg Group does

NTG (National Technology Group) is a Cairo-headquartered fintech company that has operated in Egypt's digital financial services market for over 30 years since its founding in 1993. It is a fully owned subsidiary of Blue Ray Ventures (BRV) and currently employs over 300 professionals, having grown from an initial team of 10. The company operates four integrated business lines: exclusive distribution of eeasy-branded POS hardware in the Egyptian market (as sole agent for eeasy, a subsidiary of MFP/Marshal Fintech Partners), the aGora Suite white-label payment platform that integrates bill payments, card acceptance, terminal management, payment switching, and dashboards for partner banks and financial institutions, the E-receipt Project built around the e-tax-approved eeasy e7 Android POS for tax-compliance-driven deployments, and Bab RezQ, a merchant network launched in 2023 to extend financial services into rural and underserved areas.

The underlying technology stack is conventional payment infrastructure rather than AI-native: Android-based POS terminals (M500, E7, E7-D, E5, F600 models), a payment switch (Agora Pay Switch) connecting POS devices to acquiring banks, a Terminal Management System (Agora TMS) for centralized device control, and a configurable bill-payment aggregation engine (Agora BP). The eeasy e7 Android POS is one of only four systems granted approval by the Egyptian Tax Authority (e-tax corporation) for e-receipt compliance, and the eeasy product line holds certifications from Visa, Mastercard, and American Express. CTO-level capabilities include PCI DSS 4.0 compliance, PMP/ITIL/CMMI L5 certifications, and 25 years of IT experience across software development and product management.

NTG generates revenue across four streams: hardware sales of POS devices, white-label licensing of aGora Suite to banks and financial institutions, transaction processing fees routed through the payment switch, and professional services covering installation, e-invoicing setup, warranty, and 24/7 technical support. Pricing is quote-based and not publicly disclosed, structured around multi-year contracts for both the aGora Suite and eeasy POS deployments. The customer base spans three primary segments: rural and underserved SMB merchants via Bab RezQ, retail and commercial businesses requiring e-receipt compliance, and enterprise banks and financial institutions adopting aGora Suite under their own brands. Go-to-market combines direct enterprise field sales for aGora Suite, direct sales of eeasy POS devices, and a partner/reseller structure via Bab RezQ. The company was recognized as Best Fintech Company in Egypt in 2022 by the Global Banking and Finance Review.

Name

Ntg Group

Legal name

National Technology Group

Website

https://ntgegypt.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

NTG (National Technology Group) is an Egypt-based fintech company that distributes eeasy POS hardware as sole agent, provides aGora Suite white-label payment infrastructure to banks and financial institutions, and operates the Bab RezQ rural financial-inclusion merchant network serving SMB merchants, retailers, and enterprises.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Processor Back-End & Switch Providers (Issuer/Acquirer Processing Infrastructure) (FSAMABAJ)

akta.pro secondary industry

A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL)

Keywords

• Payment processing solutions
• POS hardware distribution
• White-label fintech platform
• Merchant network services
• Electronic receipt compliance

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Hardware Sales: Sale of POS devices including eeasy M500, E7, E7-D, E5, and F600 models. NTG is the sole agent for eeasy products in the Egyptian market.
2. White-label Licensing: aGora Suite provides comprehensive white-label solutions allowing partners to operate payment systems under their own brand, generating licensing revenue.
3. Transaction Processing: Payment switch and card acceptance services generating transaction fees from processing payments across the terminal network.
4. E-receipt Solutions: Full device installation, delivery, e-invoicing setup, after-sales service, warranty, and 24/7 technical support for e-receipt compliance.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

NTG provides digital financial services and payment solutions in Egypt, including the distribution of eeasy POS hardware, the aGora Suite white-label fintech platform for banks and financial institutions, e-receipt solutions approved by the Egyptian Tax Authority, and the Bab RezQ merchant network for rural financial inclusion. Offerings span payment switching, terminal management, bill payments aggregation, and merchant onboarding across the country.

Differentiator

Problem solved

Functional benefit

Brands

• Bab RezQ: Merchant network launched in 2023 providing financial inclusion to rural areas with access to financial services
• eeasy
• aGora Suite

Products and services

• Bab RezQ Bab RezQ is a merchant network providing rural and underserved communities in Egypt with access to financial services through registered merchants. It is operated by NTG and positioned as a financial inclusion initiative.
• eeasy POS Hardware Portfolio eeasy is a portfolio of POS hardware and software products (including M500, E7, E7-D, E5, and F600 models) certified by Visa, Mastercard, and AmEx. NTG is the sole agent for eeasy in Egypt, distributing the devices to merchants and businesses with full installation, delivery, and after-sales support.
• eeasy e7 Android POS e-Receipt Solution eeeasy e7 Android POS is a Point of Sale device approved by the Egyptian Tax Authority (e-tax corporation) for e-receipt compliance. It is offered as a complete solution including installation, delivery, e-invoicing setup, after-sales service, warranty, and 24/7 technical support for Egyptian businesses.
• aGora Suite aGora Suite is a comprehensive white-label fintech platform offering fully integrated systems including bill payments, card acceptance, terminal management, dashboards, sales app, payment switch, integration product, admin portal, and acceptance capabilities. It is offered as a turnkey solution enabling banks and financial institutions to operate payment systems under their own brand.

Quantifiable outcome

• Bab RezQ merchant network launched 2023 for rural financial inclusion
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• MFP (Marshal Fintech Partners)coreTechnology or Integration · 8 October 2024Exclusive partnership where NTG serves as the sole agent for eeasy products (MFP's fully owned subsidiary) in the Egyptian market. MFP presented their cutting-edge fintech solutions at an exclusive event at Four Seasons Nile Plaza, marking the official launch of this partnership to drive financial inclusion for small businesses across Africa.
• AMHZ-International GroupcoreStrategic or Co-development Partner · 21 September 2024NTG becomes an authorized agent for AMHZ's advanced software system 'Hesabaty X'. In a reciprocal arrangement, AMHZ represents NTG's innovative Point of Sale (POS) system for electronic invoices and payments. This strategic partnership enhances business operations and drives efficiency in the marketplace.
• Blue Ray Ventures (BRV)coreOthersNTG is a fully owned subsidiary of Blue Ray Ventures (BRV), a holding company. NTG operates as part of the BRV portfolio of companies.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Network International: MENA-focused payment processor and acquirer providing merchant acquiring, card processing, and payment infrastructure across the region. Comparable to NTG's Agora Pay Switch and aGora Suite white-label payment infrastructure in scope and model.
• Paymob: Egyptian payment gateway and POS provider enabling merchants to accept digital payments. Comparable to NTG in offering payment acceptance infrastructure (physical POS and software) and targeting Egyptian SMBs and enterprises.
• Fawry: Egypt's leading electronic payments network offering POS, bill payment aggregation, and merchant financial services. Directly comparable to NTG as a domestic Egyptian payment infrastructure and merchant services provider serving the same SMB and banking customers.

Broad incumbents

• MNT-Halan: Egyptian fintech offering payments, consumer finance, and small business lending through a large agent network. Comparable to NTG as an Egyptian fintech incumbent, though broader in scope and including lending products NTG does not offer.
• Block (Square): Global provider of POS hardware, payment processing, and merchant software (Square). Comparable to NTG's eeasy POS hardware distribution and Agora Pay Switch transaction processing, though operating globally and at vastly larger scale.
• Stripe: Global payment infrastructure provider offering payment processing and platform services to businesses. Comparable to NTG's aGora Suite as payment infrastructure software, though focused online-first and at global scale.
• OPay: Pan-African fintech providing payment, POS, and financial services across emerging markets. Comparable to NTG in targeting financial inclusion via merchant networks and POS infrastructure, but operates at greater scale and broader geographic footprint.
• ACI Worldwide: Global real-time payment, card, and merchant processing software provider. Comparable to NTG's Agora Pay Switch as back-end payment processing infrastructure serving banks and merchants, though at global scale and across multiple verticals.

Others

• Visa: Global card network whose scheme certification eeasy products (distributed by NTG) carry. Comparable to NTG as an ecosystem enabler for card-present payment acceptance in Egypt, though operating as a network/standards body rather than a merchant acquirer.

Regional players

• valU: Egyptian BNPL and consumer finance provider offering installment-based payments to consumers. Partially comparable to NTG's digital financial services positioning in the Egyptian market, though focused on consumer credit rather than merchant acquiring and POS infrastructure.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/NTGEG
• LinkedInlinkedin.com/company/ntg-group
• Instagraminstagram.com/ntg.eg
• TikToktiktok.com/@ntgegypt

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ntg Group