{"id":214,"date":"2020-12-17T11:37:27","date_gmt":"2020-12-17T11:37:27","guid":{"rendered":"https:\/\/www.forbesmiddleeast.com\/ar\/lists\/?page_id=214"},"modified":"2020-12-20T13:59:37","modified_gmt":"2020-12-20T13:59:37","slug":"paytabs","status":"publish","type":"page","link":"https:\/\/www.forbesmiddleeast.com\/ar\/lists\/the-middle-easts-50-most-funded-startups\/paytabs\/","title":{"rendered":"PayTabs"},"content":{"rendered":"

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Founders: Abdulaziz Al Jouf<\/span><\/span><\/div><\/div><\/div><\/div>
The Middle East’s 50 Most-Funded Startups<\/h6><\/div>
Rank: #9<\/span><\/span><\/div><\/div>

PayTabs<\/h1><\/div>
Country: Saudi Arabia<\/span><\/span><\/div><\/div>
Funding: $92 million<\/span><\/span><\/div><\/div>
Investors: Saudi Aramco, Other private investors<\/span><\/span><\/div><\/div>
Founded In: 2014<\/span><\/div><\/div>
Payments solutions company<\/h6><\/div>

PayTabs specializes in B2B payments solutions, and has so far processed transactions in 168 currencies across 49 industries, according to the company. Having secured a funding round of $20 million in 2017, PayTabs has focused on expanding across the MENA region, Southeast Asia, and several countries within Africa and Europe. It has offices in the U.A.E. and a presence in India, the Philippines and Bahrain. In 2019, the company set up operations in Egypt for the first time. It plans to launch its third product, PayTabs Switch, this year.<\/p>\n<\/div>

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