Mamo
Latest round
- Seed
Last raised
- May 2021
Total raised
- $9.7M
Investors
- 10
About Mamo
Founded in 2019 in Dubai, United Arab Emirates, Mamo Limited specializes in digital payment solutions.Mamo provides a comprehensive suite of digital payment and spend management solutions designed to automate financial operations for businesses. Its core offerings include payment collection, expense management, and corporate card issuance, all accessed through a single, user-friendly platform. The services cater to a diverse client base of over 3,000 companies, including freelancers, small to medium-sized enterprises, and large corporations, primarily operating within the UAE and extending into international markets. Mamo enables users to accept payments via various channels, such as payment links, e-commerce checkouts, digital invoices, and QR codes, while supporting transactions in over 15 currencies.Mamo operates under a structured pricing model that includes a tiered subscription system.9% plus AED 1 per transaction.80 per transaction, aimed at businesses seeking to maximize cashback and reduce payment processing costs. Additionally, Mamo services clients who process over AED 500,000 monthly by providing customized solutions and dedicated customer support.
Who invested in Mamo
10 investors across 3 rounds
See all investors in Mamo
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Mamo
Who invested in Mamo?
Mamo has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mamo raised?
Mamo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Mamo last raise money?
Mamo's most recent round on record is a Seed, in May 2021.
What does Mamo do?
Founded in 2019 in Dubai, United Arab Emirates, Mamo Limited specializes in digital payment solutions.
Where is Mamo headquartered?
Mamo is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Mamo?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Mamo's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
Raising like Mamo? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.