Paymob secures backing from Abu Dhabi sovereign investor and EBRD
Summary
Paymob raised USD 35 million in a pre-Series C round led by Mubadala and the EBRD, with additional participation from BII, Global Ventures, and DPI Ventures. The company plans to use the capital to expand its payments business across the region and to build new products for SME merchants and agentic commerce. Paymob said much of its revenue now comes from the GCC, especially the UAE, and it continues to grow across MENA and Pakistan. The company also highlighted its broad merchant base and its licensed payments footprint in the UAE, Saudi Arabia, Oman, and Egypt.
Funding
Amount
$35
Total raised
Date
September 22, 2026
Announcement date
Investors
Paypal Startup Blueprint, Maison Galaxy, Endeavor Catalyst, Global Ventures
Lead investors
Company
paymob.com
Funded company
AskAI Classifications
Sectors
Fintech, Banking and Payments
General FinTech
Payment Processing
Functions
Developer and IT Infrastructure
Development Platforms
Linked Companies
Paymob
$250M to $500M