Paymob Extends Series B to USD $72 Million as It Maintains Profitable Growth
Paymob Extends Series B Funding
Paymob, MENA's leading financial services enabler, announced a significant extension in its Series B funding, now totaling USD $72 million. This latest round raised an additional $22 million, led by prominent investors such as EBRD Venture.
Maintaining Profitable Growth
With this funding, Paymob continues to sustain its profitable growth trajectory in its core market. The company is positioned to drive innovation in financial services, providing robust solutions for businesses across the region.
- Significant backing from renowned investors.
- Strong focus on market expansion and service improvement.
- Continued expansion into new sectors.
Future Prospects
Paymob's strategic moves with the newly acquired funds indicate a steadfast commitment to growth and service enhancement. Stakeholders can expect the company to innovate further in the financial services landscape.
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