Paymob Solutions S.A.E
Latest round
- Series B
Last raised
- Sep 2024
Total raised
- $91M
Investors
- 12
About Paymob Solutions S.A.E
E operates an online payment software that offers different financial solutions. As of 2021, the company staffs over 20 employees and processes 85% of the mobile wallet transactions in Egypt along with operations in Kenya, Pakistan, and Palestine. The company was co-founded by Islam Shawky (CEO as of 2026), Alain El Hajj and Mostafa Menessy. The company develops and operates an online payment platform that allows users to pay for online transactions of goods and services on different platforms. The company provides solutions for accepting money such as point-of-sale, payment links for businesses to accept payment without their website, and banked and unbanked installation programs along with real-time interactive dashboards. The software also controls billing cycles and enables monthly recurring payments that use Paymob tokenization mode to charge customers for authorized recurring payments. Paymob also offers Marketplace, an online platform to accommodate different business models such as e-commerce and a booking and ticketing platform to accept and distribute payouts automatically as well as onboarding processes, payout timings, complex money movement and integrated financial reporting. Paymob Solutions also enables digitized mass payouts to the unbanked workforce, freelancers and other service providers. The company features a digital wallet function that charges users only when the transaction occurs. The firm uses 3D secure authentication for fraud management, security, integration and end-to-end cash on delivery solutions. The company generates revenue by selling its software to businesses and the personal use of individuals through its standard and enterprise pricing solutions.75% + 3 EGP per transaction.
Who invested in Paymob Solutions S.A.E
12 investors across 4 rounds
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Questions about Paymob Solutions S.A.E
Who invested in Paymob Solutions S.A.E?
Paymob Solutions S.A.E has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Paymob Solutions S.A.E raised?
Paymob Solutions S.A.E has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Paymob Solutions S.A.E last raise money?
Paymob Solutions S.A.E's most recent round on record is a Series B, in Sep 2024.
What does Paymob Solutions S.A.E do?
E operates an online payment software that offers different financial solutions.
Where is Paymob Solutions S.A.E headquartered?
Paymob Solutions S.A.E is headquartered in Cairo, Egypt.
Which VCs invest in companies like Paymob Solutions S.A.E?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Paymob Solutions S.A.E's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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