Key Egyptian FinTech investment stats in 2022: • Egyptian FinTech reached $259m in 2022, a 12.6% increase from 2021 • Egyptian FinTech deal activity last year...
Egyptian FinTech Paymob has raised $50m in a Series B funding round headed by Kora Capital, PayPal Ventures and Clay Point.
Egyptian FinTech startup Paymob completed an $18.5m Series A led by Dubai-based VC firm Global Ventures.
Smartphone and contactless payment platform Paymob Smart Payments is among the companies to join the new Techstars Hub71 Accelerator programme.
Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.
Egyptian digital payments company Paymob has secured $3.5m in its funding round, which was led by Global Ventures and Dutch Entrepreneurial Development Bank FMO.