THE MIDDLE EAST’S

30. Paymob
Description: Payment acceptance solutions
Headquarters: Egypt
Date of Establishment: 2015
Founders: Islam Shawky, Alain El Hajj, Mostafa Menessy
Paymob empowers merchants to accept omnichannel payments and pay and manage finances through its payment gateway, point-of-sale terminals, and a soft POS mobile app. It offers over 50 payment methods, serves around 390,000 businesses, and facilitates payments for more than 18 million users. It operates in Egypt, the U.A.E., Saudi Arabia, Pakistan, and Oman. In September 2024, it secured $22 million in a Series B extension round, bringing total funding to $90 million. Paymob obtained a Retail Payment Services license from the Central Bank of the U.A.E. in 2025.