Paymob

Image

Paymob is a regional digital payments enabler that builds payments infrastructue technologies empowering the underserved with access to financial services. Paymob is bridging the financial inclusion gap in MEA region by enabling businesses of all sizes to benefit from the power of digital payments and what it unlocks.


Location: Egypt
Website: https://www.paymob.com/
Sector: Finance
Funding Stage: Venture Round, Series A, Series B, Series B,
Total Funding ($m): 140.5
# of Founders: 3
Founding Year: 2015
Funding Year: 2024
YearAmountStageInvestors
2020$3.5mVenture RoundGlobal Ventures, FMO, A15
2021$15mSeries AGlobal Ventures, A15, FMO
2022$50mSeries BPayPal Ventures, Kora Capital, Clay Point, Helios Digital Ventures, British International Investment (ex CDC), A15, FMO, Global Ventures
2024$72mSeries BEBRD Venture Capital, Endeavor Catalyst
Islam Shawky , Alain El Hajj , Mostafa Menessy ,
Venture Round $3.5m
Global Ventures, FMO, A15

Series A $15m
Global Ventures, A15, FMO

Series B $50m
PayPal Ventures, Kora Capital, Clay Point, Helios Digital Ventures, British International Investment (ex CDC), A15, FMO, Global Ventures

Series B $72m
EBRD Venture Capital, Endeavor Catalyst



News

https://disruptafrica.com/2024/09/12/egyptian-fintech-startup-paymob-extends-series-b-to-72m-to-pursue-growth-strategy/