Pre-Series C · Fintech
Paymob raises $35m pre-Series C for MENA expansion
Mubadala and EBRD co-led the financing for the payments provider.
Paymob has raised $35 million in pre-Series C funding co-led by Mubadala and the European Bank for Reconstruction and Development. British International Investment, Global Ventures and DPI Ventures also participated.
The capital will support payments acceptance across the Middle East and North Africa and new products for smaller merchants and agentic commerce. Paymob combines online and in-person payment methods through a single platform.
Use of funds
Expand digital payments acceptance across MENA
Develop products for SME merchants and agentic commerce
Funding history
Pre-Series C · This round$35M