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The Paypers Global Fintech Investments Analysis: Q4 2023

Voice of the Industry | Payments General | 19 Mar 2024

The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps  and commerce solutions, and Buy Now, Pay Later services. 

investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs

Paymob receives CBO's PSP licence

News | Online & Mobile Banking | 16 Jan 2024

UAE-based financial services enabler Paymob has announced that it secured the Central Bank of Oman’s (CBO) Payment Service Provider (PSP) licence. 

PSP, regulation, ATM, POS, SMEs, payment processing, cross-border payments

Archie selects the UAE as its initial global launch market

News | Online & Mobile Banking | 11 Sep 2023

UK-based fintech Archie has chosen the UAE as its first global launch market, bringing its new growth acceleration model to the region’s fintech market.

fintech, expansion, product launch, growth markets, startup

Paymentology partners with HyperPay

News | Payments General | 06 Sep 2023

UK-based global issuer-processor Paymentology has partnered with Saudi Arabia-based HyperPay to improve the latter’s payment solutions in the Middle East. 

partnership, payments , SMEs, payment methods, digital payments

Paymob secures Saudi Arabia's PTSP certification

News | Online & Mobile Banking | 22 May 2023

Financial service company Paymob has secured Saudi Arabia’s Payment Technical Services Provider certification to offer secure payment solutions to merchants in KSA.

certification, online banking, digital banking, mobile banking, financial services, financial institutions, financial data

Paymob and Shahid expand VOD digital payments in Egypt

News | Mobile Payments | 09 Mar 2023

Egypt-based fintech Paymob has partnered with streaming platform Shahid to enable the latter’s customers to pay for subscriptions via electronic wallets.

digital wallet, digital payments, fintech, subscription payments, payment gateway

Paymob begins its next phase of regional expansion in the UAE

News | Mobile Payments | 04 Nov 2022

Egypt-based fintech Paymob has planned to make a sizeable investment in the UAE market until 2025 as part of its global growth plans.

expansion, digital payments, Tap-to-Pay, SMEs, POS

Tabby and Paymob partner to boost retailer growth in Egypt

News | Ecommerce | 27 Sep 2022

Middle East-based payments and shopping app, Tabby, has announced a strategic partnership with omnichannel payments facilitator in the MENAP region, Paymob, to boost ecommerce and in-store offerings in Egypt.

partnership, ecommerce, ecommerce platform, online platform, BNPL, merchant, merchants, digitalisation, financial inclusion, omnichannel, omnichannel payments solution, online payments, payment gateway, payments infrastructure, payment methods, local payment method

Pemo receives seed funding and launches SMEs spend management platform

News | E-invoicing, SCF & E-procurement | 19 May 2022

UAE-based fintech startup Pemo has raised USD 12 million in seed funding round and launched an all-in-one spending management platform for SMEs across the MENAP region.

startup, funding, expansion, SMEs, personal finance management, spend management, e-invoicing

Hubpay raises USD 20 mln in Series A funding

News | Mobile Payments | 15 Feb 2022

MENAP-based cross-border e-wallet and fintech Hubpay has recently raised USD 20 million in Series A funding round led by Signal Peak Ventures.

e-wallet, digital wallet, cross-border payments, expansion, funding, online payments, mobile payments, mobile money

Ecommerce, digital payments set for growth in 2021 across MENAP, Checkout.com shows

News | Online Payments | 10 Nov 2020

Checkout.com has revealed in a report that he ecommerce and digital payment industries in the Middle East and North Africa, Pakistan (MENAP) region are set for major growth in 2021.

Checkout.com, study, report, ecommerce, digital payment, MENAP, The Connected Payments in MENAP, cash payments, online shopping, merchants, digital wallet, online shoppers