Egypt based digital payments acceptance solution for merchants raised $50m in Series B funding led by PayPal Ventures, Kora Capital and Clay Point.
“Our mission is that we want to help the merchants grow,” explained Shawky, who launched the Cairo-based fintech in 2015 with Alain El Hajj and Mostafa Menessy. “So together we offer merchants, whether an SME or an international brand, the ability to accept all those payment methods and thus, increasing the probability and enhancing the probability for them to purchase and hopefully grow the revenue.”