13. Paymob

Date of Establishment: 2015
Headquarters: Egypt
Description: Financial technology company
Founders: Islam Shawky, Alain El Hajj, Mostafa Menessy

Paymob enables merchants to accept digital payments in Egypt, Pakistan, the U.A.E., and Oman. Today, it offers over 40 online and in-store payment methods via its gateway, point of sale (POS), and Paymob app. Paymob serves over 170,000 businesses and enables 18 million mobile wallet users on its infrastructure railways. Its prominent customers include Vodafone, LG, Virgin, Chalhoub Group, Tabby, Uber, Foodics, and Decathlon. In 2022, the company launched the Paymob app in Egypt. Paymob raised $50 million in a Series B funding round in May 2022, led by Kora Capital and PayPal Ventures, bringing its total funding to $68.5 million.