THE MIDDLE EAST’S

26. Paysky

Description: Digital payment solutions company
Headquarters: Egypt
Date of Establishment: 2017
Founder: Waleed Sadek

Paysky provides digital financial solutions to banks, central banks, financial institutions, businesses, and individuals in 18 countries across the Middle East, Africa, and Asia, including Egypt, the U.A.E., Saudi Arabia, Kuwait, Bahrain, Libya, Senegal, and Pakistan. In 2022, Paysky, in partnership with Visa, extended its offerings beyond B2B payment solutions and launched the B2C platform Yalla Card & Yalla Super App, which had more than 2.7 million downloads as of December 2023. It plans to launch the app in Pakistan and Saudi Arabia in 2024.⁠ ⁠Paysky serves more than 250 financial institutions, 60 million customers, and two million businesses. ⁠It processed transactions worth $605.8 million in 2023 through its financial systems.