Egypt’s Fintech Paymob Raises $50 Million in Series B Funding

Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay Point. Other new participating investors included Helios Digital Ventures, British International Investment, and Nclude. All existing investors including A15, FMO, and Global Ventures also participated.  Founded in 2015 by Islam Shawky, Alain El Hajj, and Mostafa El … Continue reading Egypt’s Fintech Paymob Raises $50 Million in Series B Funding