Paymob Secures $35 Million Pre-Series C Co-Led by Mubadala and EBRD to Accelerate MENA Expansion
What's happening
Egypt-based payments infrastructure provider Paymob has raised $35 million in a pre-Series C funding round co-led by Mubadala Investment Company and the European Bank for Reconstruction and Development (EBRD). The round includes participation from British International Investment, Global Ventures and DPI Ventures. Paymob says the funding will be used to scale SME products across MENA and to advance its agentic commerce roadmap.
Why it's trending
Large regional and development investors are doubling down on MENA payments infrastructure as fintech adoption and SME digital commerce pick up.
SignalNewly emerging, confirmed across 1 independent source type.
Story volume
Stories per dayAngles you could write
If you run an SME in MENA, Paymob just raised $35m to make digital payments and agentic commerce easier for you, here's how that could change checkout and sales channels this year.
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Original sources6
- Paymob secures $35m pre-Series C round led by Mubadala and EBRDYahoo FinanceSep 22
- Paymob Secures $35 Million Pre-Series C Co-Led by Mubadala and EBRD to Accelerate MENA Expansion
Paymob has raised $35 million in Pre-Series C funding, co-led by Mubadala and EBRD, to scale SME products across MENA and advance its agentic commerce roadmap. The post Paymob Secures $35 Million Pre-Series C Co-Led by Mubadala and EBRD to Accelerate MENA Expansion appeared first on The Fintech Times .
The Fintech TimesSep 22 - Paymob Raises $35 Million Pre-Series C To Expand Payments Across MENApulse2.comSep 21
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