Paymob
Founded
2015 in Cairo, Egypt by Islam Shawky, Alain El Hajj, and Mostafa El Menessy.
Location
Cairo, Egypt, with operations across the Middle East and North Africa (MENA) region, including the UAE, Saudi Arabia, and Oman.
Industry
FinTech / Digital Payments & Financial Services — Paymob is a merchant payments infrastructure provider enabling businesses to accept and manage digital payments both online and in‑store.
Overview
Paymob builds an omnichannel payment platform that enables merchants — from small businesses to enterprise customers — to accept and process payments using a wide variety of methods, including cards, mobile wallets, QR codes, buy‑now‑pay‑later (BNPL), and other financial instruments.
It provides payment gateways, POS terminals, embedded checkout experiences, and mobile apps that power digital transactions across sectors such as retail, e‑commerce, and services. Paymob has gained strong traction by serving a rapidly growing merchant base across the MENA region.
Paymob was also the first fintech to receive a Payments Facilitator licence from the Central Bank of Egypt in 2018, and subsequently obtained payments service provider certifications in Saudi Arabia and Oman as part of regional expansion.
Founders & Leadership
Islam Shawky — Co‑Founder & CEO
Alain El Hajj — Co‑Founder
Mostafa El Menessy — Co‑Founder
Core Features & Capabilities
Omnichannel Payment Gateway: Accepts online and in‑store payments via cards, mobile wallets, QR codes, instalments/BNPL, and more.
POS & Mobile Solutions: Payment terminals and smartphone‑based acceptance tools for merchants.
Embedded Checkout: Integrations with e‑commerce platforms like Shopify and WooCommerce for seamless online sales.
Mobile App for Merchants: A platform for managing transactions and merchant services on the go.
Regional Licensing: Certified in Egypt, Saudi Arabia, and Oman, enabling cross‑jurisdiction operations.
Target Market
Small & Medium Businesses (SMEs): Merchants needing digital payment acceptance and financial tools.
Large Enterprises & Global Brands: Serving multinational clients and regional partners.
E‑commerce Platforms: Providing payment infrastructure and embedded checkout solutions.
Value Proposition
Omnichannel Coverage: Supports 50+ payment methods across online, offline, and mobile channels.
Regional Scale: Enables merchants to operate across multiple MENA countries under appropriate licences.
SME‑First Focus: Designed to empower small and medium businesses with enterprise‑grade payments tools.
Compliance & Trust: Regulatory licences in key markets boost confidence for merchants and partners.