Paymob Secures $22 Million Series B Extension, Boosting Egypt's Fintech Landscape
Wednesday, 11 September 2024, 03:00
Paymob's Milestone in Fintech Funding
Egypt-based fintech Paymob has secured an additional $22 million in its Series B extension round. This funding surge boosts the total raised in this round to $72 million, reflecting the confidence of investors in Paymob's vision and capabilities.
Leading the Future of Fintech in Egypt
This latest funding was led by EBRD Venture Capital, showcasing significant support for innovations in the region. As fintech continues to evolve, Paymob stands at the forefront, driving change and fostering growth within Egypt's tech ecosystem.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.