Rank: 12
PayTabs
Date of Establishment: 2017
Description: B2B payments solution provider
Owner: PayTabs
Country: Saudi Arabia
CEO: Abdulaziz Fahad Al Jouf
The PayTabs app provides payment methods to online businesses, with features such as a business manager dashboard to e-invoices. The app facilitates the needs of entrepreneurs who travel or are pressed for time. It processed around $577.8 million worth of transactions in 2020 and was downloaded more than 9,000 times. It has raised $26 million in total funding. The company ranked 9th on Forbes Middle Eastās list of āThe Middle Eastās 50 Most Funded Startupsā in 2020.