Egypt: EBRD invests in Paymob

Founded in 2015, Paymob is the leading payment processing company in Egypt.

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The European Bank for Reconstruction and Development (EBRD) has disclosed a signed equity investment into the Series B financing round of Paymob, a payment processing company in Egypt.

Founded in 2015, Paymob is the leading payment processing company in Egypt offering a full product suite for SME payment processing needs.

Paymob's products include an omnichannel (POS and online) payment processing platform supporting multiple payment methods, a payment netting solution, a bookkeeping SaaS solution and an advanced settlement solution.

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