Mamo offers businesses payment solutions, including payment collection, corporate spending cards, and expense management. In July 2024, it raised $3.4 million from the Dubai Future District Fund and Cyfr Capital, with participation from existing investors, including 4DX Ventures, bringing its total funding to $13.4 million. In October 2024, it partnered with CredibleX to launch a credit card for U.A.E. SMEs.