THE MIDDLE EAST’S

TOP 25 FINTECH
COMPANIES 2022

15. PayTabs

Date of Establishment: 2014
Headquarters: Saudi Arabia
Description: Payments solutions company
Founders: Abdulaziz Al Jouf

PayTabs offers B2B ecommerce services, including digital invoicing for businesses, QR code payments, and social media payments. It currently operates in more than seven markets, across the Middle East, Africa, and South Asia, including the U.A.E., Saudi Arabia, and Egypt. In 2021, PayTabs launched PT Touch, which transforms smartphones into merchant POS terminals. The company processed over $4 billion worth of transactions in 2021, while its app recorded 10,376 downloads with 337,227 active users. In 2022, the company launched its unified payments transaction processing platform, PayTabs SwitchOn.