About Paymob
Paymob is a company based in Cairo (Egypt) founded in 2014 by Islam Shawky and Alain El Hajj. Paymob has raised $90.63 million across 5 funding rounds from investors including PayPal, Helios Investment Partners and FMO. Paymob operates in a competitive market with competitors including Flutterwave, Network International, UnionPay Intl, Equiniti and Souhoola, among others.
- Headquarter Cairo, Egypt
- Founders Islam Shawky, Alain El Hajj
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Sectors
Financial Services
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$90.63 M (USD)
in 5 rounds
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Latest Funding Round
$22 M (USD), Series B
Sep 11, 2024
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Investors
PayPal
& 12 more
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Employee Count
Not available
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People of Paymob
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Funding Insights of Paymob
Paymob has successfully raised a total of $90.63M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in September 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.
Investors in Paymob
Paymob has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal, Helios Investment Partners and FMO.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech investments are made in Europe and Asia.
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Endeavor is focused on supporting high-impact entrepreneurs globally.
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Government agency focused on small and medium-sized businesses
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Investor details for Paymob
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Investments & Acquisitions by Paymob
Investment portfolio details for Paymob
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Financial Statements - Paymob
Detailed financials for Paymob
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Paymob Comparisons
Peer comparison for Paymob
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Competitors of Paymob
Paymob operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, Network International, UnionPay Intl, Equiniti and Souhoola, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of payment processing solutions for businesses
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Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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Mobile and online payment solutions are provided for banks.
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Financial technology and payment processing solutions are provided by Equiniti.
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Offers an app-based platform for consumer finance and merchant payment management.
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Detailed competitors of Paymob
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Latest news on Paymob
Complete news archive for Paymob
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Frequently Asked Questions about Paymob
Paymob was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Paymob is headquartered in Cairo, Egypt.
Islam Shawky is the current CEO of Paymob. They have also founded this company.
Paymob is a funded company, having raised a total of $90.63M across 5 funding rounds to date.
Paymob was founded in 2014 in Cairo, Egypt, within the fintech sector. Operations focus on payment processing for businesses, encompassing an online gateway for accepting and sending payments, POS terminals for in-store use, payment links shared via digital channels, and payout systems for distributing funds to suppliers and employees. Services support both e-commerce and physical retail environments across regional markets.
Paymob's top competitors include Flutterwave, Network International and Equiniti.
Paymob has 13 investors. Key investors include PayPal, Helios Investment Partners, FMO, British International Investment, and EBRD VCIP.