About Mamo
Mamo is a Financial Services company based in Dubai (United Arab Emirates) founded in 2019 by Asim Janjua and Imad Gharazeddine. Financial operations are streamlined for businesses by Mamo. It operates on a FinTech, Subscription Services, and Commission-Based model. Mamo has raised $12.9 million across 3 funding rounds from investors including Dubai Angel Investors, 4DX Ventures and Dubai Future District Fund. Its chief executive, as recorded, is Imad Gharazeddine. Its website mamopay.com draws about 88 thousand monthly visits. Mamo offers products and services including Payment Solutions, Corporate Cards, Expense Management, and Payouts. Its focus areas include FinTech and Payment Processing. Its legal entity is Mamo Limited.
Company details
Financial operations for businesses are streamlined by Mamo through a unified platform. Payment collection, corporate credit cards, and expense management are provided to over 4,000 companies. Various industries including e-commerce, digital marketing, and tourism are served. Solutions such as multi-currency payment acceptance, QR codes, and expedited settlements are offered. Integration with accounting software and e-commerce platforms is supported to enhance efficiency. Cash flow management is prioritized with same-day settlements and real-time fund visibility.
- Headquarters Dubai, United Arab Emirates
- Founders Asim Janjua, Imad Gharazeddine
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website mamopay.com
- Social LinkedIn X Facebook YouTube
- Legal Name Mamo Limited
- Total Equity Funding$12.9M (USD)
in 3 rounds
- Latest Funding Round$3.4M (USD), Seed
Jul 2024
- InvestorsDubai Angel Investors
& 10 more
Products & Services of Mamo
Mamo offers a comprehensive portfolio of products and services, including Payment Solutions, Corporate Cards, Expense Management, and Payouts.
Payment collection is facilitated through various digital methods.
Corporate credit cards are issued for business expenses.
Expense tracking is automated for business financial control.
Payouts to vendors are managed via dashboard tools.
Apps and channels of Mamo
Mamo publishes 2 mobile apps with over 10K+ downloads; its YouTube channel Mamo has 280 subscribers and 30 videos.
Videos from Mamo
The most watched videos on Mamo's YouTube channel, Mamo (280 subscribers). Click a video to play it here.
More on Mamo.
Funding Insights of Mamo
Mamo has successfully raised a total of $12.9M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.4 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.9M
- Total Rounds 3
- Last Round Seed — $3.4M
- First Round $1.5M
(Apr 2020)
- Investors Count 11
All 3 funding rounds of Mamo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $3.4M | Seed | – | 4DX Ventures | |
| May 2021 | $8M | Seed | – | Global Ventures | |
| Apr 2020 | $1.5M | Seed | – | Global Founders Capital |
11 investors in total: 11 institutional.
Investors in Mamo
Mamo has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Dubai Angel Investors, 4DX Ventures and Dubai Future District Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in technology companies are targeted by 4DX Ventures. | 4dxventures.com | Accra, Ghana | ||
Venture capital is invested in multiple sectors by Cyfr Capital. | cyfr.vc | Muscat, Oman | ||
Investments are directed toward growth-stage tech firms in emerging markets. | global.vc | Dubai, United Arab Emirates | ||
VC and PE investing in multiple sectors | alrajhi-partners.com | Riyadh, Saudi Arabia | ||
Provider of a venture capital firm that invests in technology and life sciences companies | olivetreecapital.com | Boston, United States | ||
Angel investments in early-stage ventures are managed by VentureSouq. | venturesouq.com | Dubai, United Arab Emirates | ||
Tech companies are invested in by MSA venture capital fund. | msacap.com | Chaoyang, China | ||
Angel investments in seed-stage tech firms in Dubai are provided. | 2016 | dubaiangelinvestors.me | Dubai, United Arab Emirates | |
Venture capital firm focused on early-stage startups | globalfounderscapital.com | Berlin, Germany | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam |
Investor details for Mamo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Mamo
9 people are tracked at Mamo (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Asim Janjua | Co-Founder & CDO & CXO | Leadership |
Imad Gharazeddine | Co-Founder & CEO | Leadership |
Hasnain Damani | Head of Risk | Leadership |
Asma Alyamani | Chief Product Officer | Leadership |
Wes Ezzeddine | Director Of Engineering (acting Cto) | Leadership |
Janusz Suder | Head Of Compliance And MLRO | Leadership |
Mujtaba Murtaza | Product Designer | Team |
Joharah A. | Design Manager | Team |
Elsa Abdelnour | Customer Experience Designer | Team |
Complete people profiles for Mamo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Mamo
3 dated milestones of Mamo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Mamo is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Seed, of $3.4M.
Web traffic of Mamo
The website of Mamo (mamopay.com) receives about 88K visits a month and ranks #228,419 among all websites worldwide, #5,276 in Programming and Developer Software.
- Monthly visits88K
▼ 9.5% vs previous month
- Unique visitors32.5K
per month
- Global rank#228,419
among all websites
- Category rank#5,276
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate31%
- Pages per visit9.6
- Average visit5 min 54 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with Mamo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| payby.com | 100% | 100.2K | #349,091 | View details | |
| tamara.co | 97% | 4M | #11,860 | View details | |
yomly.com | yomly.com | 96% | #255,795 | – | |
| ncrvoyix.com | 89% | #157,883 | View details | ||
drawdb.app | drawdb.app | 89% | #539,178 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mamo
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- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
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Related news about Mamo
Complete news archive for Mamo
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Frequently Asked Questions about Mamo
Mamo was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Mamo is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Imad Gharazeddine is the CEO of Mamo, as recorded in our data. They have also founded this company.
Mamo is a funded company, having raised a total of $12.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Apr 2020.
Financial operations for businesses are streamlined by Mamo through a unified platform. Payment collection, corporate credit cards, and expense management are provided to over 4,000 companies. Various industries including e-commerce, digital marketing, and tourism are served. Solutions such as multi-currency payment acceptance, QR codes, and expedited settlements are offered. Integration with accounting software and e-commerce platforms is supported to enhance efficiency. Cash flow management is prioritized with same-day settlements and real-time fund visibility.
Mamo offers Payment Solutions, Corporate Cards, Expense Management, and Payouts.
Mamo has 11 investors. Key investors include Dubai Angel Investors, 4DX Ventures, Dubai Future District Fund, Cyfr Capital, and Global Ventures.
Mamo operates through Mamo Limited.
Yes. Mamo publishes Mamo Business and 1 more app, with over 10,000 downloads.