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Egyptian digital payment infrastructure provider Paymob has secured $35 million in a Pre-Series C funding round, bringing its total capital raised to approximately $125 million. Co-led by the UAE’s Mubadala Investment Company and the European Bank for Reconstruction and Development (EBRD), the capital injection will fuel the company's regional scaling across the MENA region, expand its payment acceptance network, and fund the rollout of new merchant products tailored for SMEs and emerging AI agent-based commerce.

Founded in 2015, Paymob provides an integrated financial infrastructure that supports over 60 payment methods through online gateways, traditional POS devices, smartphone POS solutions, and payment links.

Funding Details and Growth Metrics

The Pre-Series C round—which also saw participation from British International Investment (BII), Global Ventures, and DPI Ventures—follows a $72 million Series B cycle ($50 million in 2022 and a $22 million extension in 2024).

The company has experienced hyper-growth over the past 18 months, driven heavily by its strategic pivot toward the Gulf markets:

Operational MetricCurrent Data / Growth Trajectory

Merchant BaseOver 390,000 merchants across Egypt, UAE, Saudi Arabia, and Oman.

Consolidated RevenueTripled (3x growth) across all four operational markets over the last 18 months.

GCC Revenue GrowthSurged 7x over the past 18 months, now accounting for ~50% of Paymob's total company revenue.

Recent GCC ExpansionSince acquiring a UAE Central Bank Retail Payment Services License in January 2025, Paymob has onboarded 20,000 new merchants across its three Gulf markets.