Paymob raises $35M Series B led by EBRD to expand MENA payments infrastructure

Paymob Raises $35M Series B

Paymob, the Cairo-based payments infrastructure provider, has raised $35 million in a Series B round. The round was led by the European Bank for Reconstruction and Development (EBRD). The funding was announced on 21 September 2026.

What Paymob Does

Paymob serves merchants across the MENA region, with operations in Egypt, the UAE, Saudi Arabia and Oman. Its omnichannel platform lets businesses accept online and offline payments through a payment gateway, POS terminals, SoftPOS and payment links — unified in a single contract, one API and one dashboard, with access to more than 60 payment methods.

Founded in 2015, the company has built a regional footprint that spans four markets and a product set that covers both digital and in-person acceptance channels.

The Round at a Glance

• Company: Paymob
• Round type: Series B
• Amount: $35 million
• Announced: 21 September 2026
• Lead investor: European Bank for Reconstruction and Development (EBRD)
• Investors: British International Investment, Global Ventures, European Bank for Reconstruction and Development (EBRD), Mubadala Investment Company, DPI Venture Capital

Investor Base

The round draws on a mix of development finance institutions, sovereign capital and venture investors. Alongside lead investor EBRD, the round includes British International Investment, Mubadala Investment Company, Global Ventures and DPI Venture Capital. The company's existing backers include Mubadala, EBRD, PayPal Ventures, FMO and Global Ventures.

The presence of development finance institutions alongside sovereign and venture capital reflects the profile of payments infrastructure in emerging markets, where regulatory engagement, merchant onboarding and cross-border expansion all carry meaningful capital requirements.

Why This Matters for the Market

Paymob operates in a segment where scale is defined by merchant coverage, acceptance breadth and the number of payment methods supported. Its unified proposition — one contract, one API, one dashboard across online and offline channels — targets merchants that would otherwise manage separate providers for gateway, terminal and link-based payments.

With operations across Egypt, the UAE, Saudi Arabia and Oman, the company is positioned in several of the region's largest and fastest-evolving payments markets. Supporting more than 60 payment methods gives it a broad acceptance surface relative to single-channel providers.

What to Watch

• Expansion of merchant coverage across the four operating markets
• Deepening of the omnichannel product set, including SoftPOS and POS terminals
• Further regional growth supported by the new capital

For acquisition watchers, Paymob represents a regional payments infrastructure asset with multi-market operations, a broad acceptance stack and a backer base that includes both strategic and development finance capital.