Rank: 4
MyFatoorah
Date of Establishment: 2016
Description: P2P payment solutions
Owner: MyFatoorah company
Country: Kuwait
CEO: Abdullah Al Dabbous (Founder & Managing Partner)
MyFatoorah was first launched in Kuwait and now also has operations in Oman, Saudi Arabia, Qatar, Bahrain, the U.A.E., and Egypt. Up to July 2021, it processed transactions worth over $1.7 billion and recorded 160,000 downloads and has around 40,000 active users. The app was founded by Abdullah Aldabbous, who was a senior analyst at EY in Kuwait before establishing MyFatoorah.