Egyptian FinTech Paymob is working with IKEA to give furniture buyers more payment options. The partnership, announced in a news release provided to PYMNTS Tuesday (March 21), will let customers at IKEA Egypt pay by digital wallets, bank-offered easy payment plans (EPP) and consumer finance...
Paymob wants to help Egyptian consumers pay for streaming video via eWallets. The financial services company announced in a Thursday (March 9) press release that it has teamed with Arabic streaming platform Shahid to let the service’s customers in Egypt pay for subscription video on...
The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital payments service provider Paymob, that challenge is holding back businesses, particularly small mom-and-pop shops, from unlocking their full business potential....
X-ERA and Paymob have partnered to help Egyptian merchants make digital B2B payments. The collaboration brings together Paymob’s payment acceptance technology and X-ERA’s mobile app for ordering fast-moving consumer goods (FMCG), the companies said in a Monday (Jan. 23) press release. “Digitizing B2B payments is...
February 16, 2023
The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital payments service provider Paymob, that challenge is holding back businesses, particularly small mom-and-pop shops, from unlocking their full business potential. “We’re looking at markets that are very advanced in issuance […]
September 11, 2024
Financial services enabler Paymob raised another $22 million to expand its offering in its core market of Egypt and its newer markets in Gulf Cooperation Council (GCC) countries. The $22 million Series B extension round follows a $50 million initial Series B funding round in 2022, bringing Paymob’s total Series B funding to $72 million, […]
March 21, 2023
Egyptian FinTech Paymob is working with IKEA to give furniture buyers more payment options. The partnership, announced in a news release provided to PYMNTS Tuesday (March 21), will let customers...
March 09, 2023
Paymob wants to help Egyptian consumers pay for streaming video via eWallets. The financial services company announced in a Thursday (March 9) press release that it has teamed with Arabic...
January 23, 2023
X-ERA and Paymob have partnered to help Egyptian merchants make digital B2B payments. The collaboration brings together Paymob’s payment acceptance technology and X-ERA’s mobile app for ordering fast-moving consumer goods...
