Paymob secures $22M in series B extension to pursue GCC and MENA expansion

Egypt-based Paymob, the financial services enabler in the MENA region, has announced a $22 million Series B extension round, bringing the company’s total Series B funding to $72 million. EBRD Venture Capital led the extension round, which also saw participation from Endeavor Catalyst and existing investors BII, A15, Helios Digital Ventures, and Nclude. The GCC…

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Barq and Mastercard elevate payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard. Barq is known for its innovative approach in the financial sector, offering a range of services designed to modernise and streamline payment processes for its clients. The partnership aims to empower Barq’s customers through Mastercard Gateway by…

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