Tagged: paymob

January 9, 2024 @ 11:14 pm By Omar Faridi  |  

Paymob, the financial services enabler in the MENA and Pakistan region, has announced its partnership with Tamara, the shopping and payments platform in the GCC region. The strategic partnership integrates Tamara’s Buy Now Pay Later (BNPL) service with Paymob’s secure gateway in order “to power… Read More

May 20, 2023 @ 12:48 pm By Omar Faridi  |  

Paymob, the financial services enabler in the Middle East, North Africa, and Pakistan (MENAP), announces that it has secured Saudi Arabia’s Payment Technical Services Provider (PTSP) certification, making it fully operational in the Kingdom. The PTSP certification, “issued by Saudi Payments is a significant operational… Read More

March 13, 2023 @ 8:54 pm By Omar Faridi  |  

Paymob, the financial services enabler in the MENA region and Pakistan (MENAP) and Shahid, the Arabic streaming platform by MBC GROUP, announced their signing of a new partnership agreement. The partnership “enables Shahid customers in Egypt to pay for their subscriptions via electronic wallets processed… Read More

November 3, 2022 @ 8:43 pm By Omar Faridi  |  

Paymob, the omnichannel payments facilitator in MENAP, embarked on the next phase of its regional expansion in the UAE market. This step marks “an important milestone in Paymob’s global growth plans, fueled by recent Series B funding led by PayPal Ventures.” Paymob plans “to make… Read More

April 19, 2022 @ 10:46 pm By Omar Faridi  |  

Paymob, which is MENA region’s virtual payments provider, has announced a strategic relationship with Bank Alfalah, in one of Pakistan’s largest Fintech partnerships “to date.” Paymob’s partnership with one of Pakistan’s major private banks will aim to “drive financial inclusion and lead the way for… Read More

April 13, 2022 @ 5:46 am By Omar Faridi  |  

Paymob, MENA region’s virtual payments provider, has announced its formal market entry, and “start of operations, in Pakistan.” Paymob’s expansion into Pakistan follows its steady growth in its home market of Egypt, plus Jordan and other world regions where – combined – it “services tens… Read More

June 13, 2021 @ 5:19 pm By Omar Faridi  |  

Egypt’s venture capital investment ecosystem has become one of the most fast-evolving markets in the MENA region. It’s been expanding at a 100% CAGR during the last 5 years, according to the 2020 Egypt Venture Investment Report released by Magnitt in collaboration with Egypt’s IT… Read More

April 8, 2021 @ 8:11 am By Samantha Hurst  |  

  Paymob, a Egypt-based payment platform, has raised $18.5 million through its Series A funding round, which was reportedly led by India-based VC firm Global Ventures with participation from Egyptian investment fund A15 and Dutch development bank FMO. The investment round notably comes less than a… Read More

August 21, 2020 @ 12:27 pm By Omar Faridi  |  

Cairo-headquartered payment company, Paymob has acquired $3.5 million in capital through an investment round that was led by Dubai’s Global Ventures and the Dutch Entrepreneurial Development Bank FMO. Existing investor A15 also took part in the round. Established in 2015 by Islam Shawky, Alain El… Read More