Paymob is a fintech company building the payment rails that enable businesses and consumers across the Middle East and Africa regions to participate in the digital economy.
Founded in 2015, Paymob set out to bridge the gap between what traditional banks offered and what emerging digital businesses needed. Their omnichannel platform enables merchants to accept online and in-store payments, make payments and manage their finances through a single infrastructure layer. Today, the company serves more than 390,000 merchants and powers millions of transactions for businesses ranging from SMEs to regional and global brands, including IKEA, Foodics, Uber and Shahid.
Paymob has also been part of the broader development of the region’s digital payments ecosystem, working with banks, telecom operators, payment schemes and financial institutions. In Egypt, where it became the first fintech to receive a Payments Facilitator license from the Central Bank in 2018, the company has grown alongside the country’s efforts to expand electronic payments and financial inclusion.
