Paymob raises new funds.

M2 EQUITYBITES-May 11, 2022--Paymob raises new funds

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Global Banking News - 11 May 2022

Egyptian fintech Paymob has announced that it has raised fresh funds.

The firm has raised USD50m in a Series B financing round. Paymob provides a variety of digital payment services and is focussing on businesses in the Middle East and Africa.

Launched in 2015, the firm currently has 100,000 merchants as its customers. It also has...

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