Tag "PayMob"
MENA Fintech Awards 2022 Names the Region’s Best Fintech Companies
The inaugural MENA Fintech Awards organised by the MENA Fintech Association (MFTA) came to a close on 15 November with an awards ceremony hosted by the Abu Dhabi Finance Week (ADFW). The awards, organised in partnership with consulting firm Grant
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Mastercard Invests in Egyptian VC Firm Nclude
Mastercard has invested in Nclude, a fintech-focused VC investment platform launched in partnership with Egyptian banks Banque Misr, Banque Du Caire and the National Bank of Egypt. Founded in 2022, the company has received US$100 million in funding from the
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Top 8 MENA Fintech Funding Rounds With Corporate VC Investment in H1 2022
Corporate venture capital (CVC) deals declined on the whole in terms of number and volume in the first half of 2022, though the average deal size increased to US$35 million in the second quarter of the year. This is according
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Tabby, Paymob Partner to Enable BNPL Payments for Retailers in Egypt
BNPL shopping app Tabby and payments company Paymob have partnered to enable in-store and online retailers in Egypt to benefit from Tabby’s Buy Now Pay Later (BNPL) payment solution via Paymob’s gateway. Tabby, which was founded in the UAE in
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Egypt’s Paymob Raises US$50 Million in Series B Fundraise
Paymob, Egypt’s omni-channel merchant financial services platform, announced it has raised US$50 million in a Series B funding round led by Kora Capital, PayPal Ventures, and Clay Point. This Series B funding round brings Paymob’s total funding to over US$68.5
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The 3 Largest National Egyptian Banks Launch $85 million Fintech MEA Fund
Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a leading MEA-focused venture capital firm – announce the launch of Nclude by Global Ventures, following approval by the Central Bank
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Top 8 Funded Fintech Startups in Egypt
Financial inclusion is on the developmental agenda in Egypt, and fintech startups in Egypt are one of the key driving forces to achieve this kind of adoption. Digital payments is expected to be the most benefited vertical within the fintech
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6 Fintech Startups in Egypt to Watch in 2021
Key developments in the Egyptian startup ecosystem have led to a renewed appetite for growth in the space, and for its fintech startups in Egypt as well. Much of this activity is attributed to a slew of policy level shifts.
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Egyptian Payments Firm Paymob Completes Series A Funding Of US$18.5 Million
Egypt’s digital payments provider Paymob announced that it has secured US$15 million in a second tranche of its Series A fundraising activity. It follows a first tranche of US$3.5 million, raised in July 2020. The capital raise was led by
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10 Top Fintech Startups in Egypt to Keep an Eye On
As one of the most populous countries in the Middle East topped with a large unbanked population Egypt is fertile for fintech to flourish. Recent report indicates that fintech is one of the fastest growing sector in Egypt. As in
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