Series B FinTech MEGA DEAL

$50M

Paymob

Egypt April 2022 North Africa

About this Deal

Paymob raised $50M Series B for MENA payment gateway.

Investors

Lead: PayPal Ventures

PayPal Ventures A15 Kora Capital FMO BII

Other Rounds by Paymob

Series A $19M Mar 2021

Deal Details

Amount$50M

TypeSeries B

InstrumentEquity

SectorFinTech

FounderMale-led

StatusClosed

Company

Paymob
Startup · Cairo

Other Companies in this Market

See all

Al Ahly Sporting Club Africa's most successful football club

Sofitel Winter Palace Luxor Historic Nile-side luxury since 1886

American University in Cairo Egypt's premier private university since 1919

Vezeeta MENA's healthcare platform

Mandarine Koueider Alexandrian patisserie since 1928

Arab Contractors Egyptian construction since 1955

People in this Space

See all

Samih Sawiris Founder @ Orascom Hotels Development

Sherine Abbas Helmy Founder @ Pharco Pharmaceuticals

Ahmed Elsewedy Founder @ Elsewedy Electric

Hassan Allam Founder @ Hassan Allam Holding

Talaat Moustafa Founder @ Talaat Moustafa Group

Yara Yassin Founder @ Up-Fuse

Related News

See all

African Mental Health Technology 2026: The Invisible Crisis and the Emerging Digital Response African mental healthcare is severely under-resourced, with psychiatrist-to-population ratios often ...

African Trade Finance and Supply Chain Financing 2026: The USD 120 Billion Gap, Afreximbank, and the Emerging Digital Layer African trade finance faces a gap estimated at approximately USD 120 billion annually, limiting the ...

MNT-Halan: How an Egyptian Microfinance App Became an Investment-Grade Super-App MNT-Halan was founded in 2018 by Mounir Nakhla. By January 2023 it had raised USD 260 million in equ...

Egypt Power Sector 2026: The Renewable Pivot, the Summer Demand Problem, and the Regional Export Ambition Egypt has approximately 114 million people and one of the largest electricity demand bases in Africa...