Company intelligence
As of September 21, 2026, Paymob has raised at least $35M in equity across 1 sourced funding round.
Paymob, an Egypt-founded payments infrastructure provider, runs an omnichannel payments platform that lets businesses accept online and offline payments and access more than 60 payment methods through a single technology layer, as reported by Wamda in September 2026.[1] Paymob says it gives merchants a single contract, a single API and one dashboard for those 60+ payment methods.[1] Paymob also offers a payouts product for mass payouts to suppliers and employees.[2]
Paymob serves more than 390,000 merchants across Egypt, the UAE, Saudi Arabia and Oman, as reported by Wamda in September 2026.[1] Paymob said consolidated revenues rose 3x over the 18 months before September 2026, GCC revenues grew 7x, and close to half of total revenue now comes from GCC markets.[1] Since receiving a Retail Payment Services Licence from the Central Bank of the UAE in January 2025, Paymob has onboarded roughly 20,000 merchants across its three GCC markets, according to the company.[1]
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| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Sep 21, 2026 | Pre-Series C | $35M | — | WithBritish International InvestmentDPI Ventures | WamdaPulse story |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
Paymob raised a $50 million Series B in 2022 and a $22 million Series B extension led by EBRD in 2024, as reported by Wamda.[1] Paymob raised a $35 million pre-Series C on September 21, 2026, co-led by Mubadala Investment Company and the European Bank for Reconstruction and Development (EBRD), with British International Investment, Global Ventures and DPI Ventures participating.[1] Paymob will use the pre-Series C to expand its payments acceptance business across MENA and build products for SME merchants and agentic commerce.[1] The pre-Series C takes Paymob's total disclosed funding to more than $125 million, as reported by Wamda.[1]
Paymob's total disclosed funding is more than $125 million after its $35 million pre-Series C in September 2026, as reported by Wamda.[1]
Mubadala Investment Company and EBRD co-led Paymob's $35 million pre-Series C in September 2026, with British International Investment, Global Ventures and DPI Ventures participating.[1]
Paymob was founded in 2015 by Islam Shawky, Alain El Hajj and Mostafa Menessy.[1]
Islam Shawky is co-founder and chief executive officer of Paymob.[3]
Paymob provides an omnichannel payments platform that lets merchants accept online and offline payments across more than 60 payment methods.[1]
Paymob raised a private $35 million pre-Series C in September 2026, so it is privately held as of that date.[1]
Paymob was founded in 2015, according to bridgemena.com.
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.