Tech Company Financing Transactions

Paymob Funding Round

Paymob, based in Cairo, secured $50 million in investment from Clay Point Investors, Kora and PayPal.

Transaction Overview

Company Name
Announced On
5/9/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors

Clay Point Investors (Lead Investor)

Kora (Lead Investor)

PayPal (Lead Investor) (Ashish Aggarwal)

CDC Group

Helios Digital Ventures

Nclude

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Building 7H Street 263 New Maadi Al Maadi
Cairo, Undisclosed
Egypt
Email Address
Overview
Paymob is a payment service provider and payment aggregator that empowers businesses to get paid wherever their customers are. Our services facilitate both online and offline payment channels with a set of tools to accept payments whether online, via mobile, on delivery or in store and whether paid by card, mobile wallet,cash or in instalments.
Profile
Paymob LinkedIn Company Profile
Social Media
Paymob Company Twitter Account
Company News
Paymob News
Facebook
Paymob on Facebook
YouTube
Paymob on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Islam Shawky
  Islam Shawky LinkedIn Profile  Islam Shawky Twitter Account  Islam Shawky News  Islam Shawky on Facebook
Chief Operating Officer
Alain El-Hajj
  Alain El-Hajj LinkedIn Profile  Alain El-Hajj Twitter Account  Alain El-Hajj News  Alain El-Hajj on Facebook
Chief Technical Officer
Mostafa Menessy
  Mostafa Menessy LinkedIn Profile  Mostafa Menessy Twitter Account  Mostafa Menessy News  Mostafa Menessy on Facebook


 

 

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Next: 5/9/2022: WizeHire venture capital transaction

 

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