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Toothpick Is Aiming To Digitize Dentalcare In The UAE & Beyond
The Dubai-based dental health startup has ambitious plans to revolutionize the way we approach oral health.
Last year, the global dental market’s value was estimated at nearly $40 billion. Despite being immensely profitable, the sector remains decidedly old-school in its approach to digitization and cloud-based solutions. For that reason, startups have enormous potential to help dentalcare providers streamline their operations and patient journeys while enhancing supply chains.
One of those startups, known as Toothpick, is a homegrown, UAE-based venture that allows dentists to find products and services in their local marketplace and matches them to various financial solutions.
Toothpick is another success story from AREA 2071, the government-funded startup accelerator helping Dubai become a leading player in the world’s interconnected digital economy. The startup is the first healthtech innovator globally to attempt to digitalize the dental industry and has acquired over 50,000 subscribers, 390 local suppliers, and sold nearly 70,000 products.
Although founded and based in Dubai, Toothpick has expanded its services into Egypt, Lebanon, and Qatar while recently signing agreements for the Saudi Arabian and Kuwaiti markets. The company’s next target regions are Germany, Austria, and Switzerland, and, if successful, the lucrative Asian and American markets.
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“We were inspired by the leadership and vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to aim as high as possible. Being immersed in the spirit of Emirates Towers and seeing the motivational quotes from the UAE’s leadership on a daily basis instilled confidence. We have attempted to integrate the UAE’s approach to problem-solving into our thinking and company structure, which has led us to achieve some significant milestones and will propel us to further success,” says Sary Azakir, Managing Partner of Toothpick.
As part of Toothpick’s pre-seed funding round, the company raised $2.8 million and is set to generate over $15 million during its Series A Round.
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Egypt’s Mobile Wallets Are Booming, But Cash Still Has Power
Egypt’s telecom regulator says $57.6 billion moved through more than 57 million wallets in six months. And one operator handled 77% of the value.
Egypt’s mobile wallets handled EGP 2.96 trillion ($57.6 billion) in transactions in the first half of 2026, according to the National Telecom Regulatory Authority – a 56% rise on the EGP 1.90 trillion ($36.9 billion) recorded a year earlier. Transactions grew faster still, up 62% to 2.22 billion, while registered wallets climbed 23% to 57.01 million.
On one reading, that is exactly what Egypt’s regulators have been pushing for: a payments system that runs through telecom-linked wallets rather than banknotes. But the same data shows how far cash still reaches into it. Cash withdrawals made up just 12% of the transactions taking money out of wallets, yet 75% of the value withdrawn or spent.
Money arrives mostly from bank accounts: transfers through InstaPay accounted for 78% of deposit transactions and 58% of the value deposited, while incoming remittances from abroad made up 3% of deposit transactions but 10% of their value. Once inside, it largely moves between wallets – wallet-to-wallet transfers accounted for 54% of all transactions and 67% of total value, with mobile and internet top-ups a distant second at 25% of volume. In effect, the wallet is serving as a transfer layer: the place money passes through between the bank account and the banknote.
That layer also runs predominantly through one operator. Vodafone Cash held 53% of registered wallets and 57% of active ones, but handled 69% of transactions and 77% of their value. Its nearest rival, e& money, held 23% of registered wallets but 14% of transaction value; Orange Cash 20% and 8%; WE Pay 4% of wallets. How many of the 57.01 million are active is not stated.
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Adoption is rather uneven in other respects. Men held 38 million wallets, or 67% of the total, against 19 million held by women. Users aged 26 to 45 accounted for half of all wallets, and Cairo alone had 10.6 million, or 19% of the national total, with Giza next at 6.5 million.
The NTRA says it is continuing to work with telecom operators on the regulatory framework for wallet services, part of a wider effort to expand electronic payments and financial inclusion. Its own figures show that effort succeeding on the way in. On the way out, three-quarters of the value still leaves as cash.
Egypt’s Mobile Wallets Are Booming, But Cash Still Has Power
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