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Newsroom

Newsroom

A glimpse into our corporate profile, news stories and media partners

March 6, 2024

PayTabs completes its payment orchestration platform with key national payment integrations to fortify Processing for Government Projects

  Riyadh: PayTabs Group, MENA’s award-winning payment orchestration powerhouse during the LEAP Expo, has just announced the seamless integration of key national payment methods in the Kingdom of Saudi Arabia to complement and complete its Payment Orchestration Platform.This strategic move which was announced during the world’s most attended tech event not only expands PayTabs’ reach […]

March 5, 2024

MWC 2024: Newly formed partnership with KSA-based PayTabs to enhance digital payments across MENA

Barcelona, Spain: At Mobile World Congress (MWC) 2024, Huawei Cloud announced a new partnership agreement with KSA-based PayTabs. This collaboration is intended to collectively drive the innovation and implementation of cloud and AI technologies in diverse industry use cases. Alan Qi, President of Huawei Cloud Middle East and Central Asia, emphasized that this Memorandum of […]

February 27, 2024

PayTabs Egypt partners with Souhoola to enhance its payment solutions portfolio

Cairo: PayTabs Egypt, MEASA’s award-winning payments powerhouse, announced today a strategic partnership with Souhoola, a popular BNPL platform in Egypt. This collaboration aims to offer a new BNPL payment method for PayTabs Egypt merchants, increasing the range of payment options offered online. By adding the Souhoola’s BNPL solution to the multiple payment solutions available for customers […]

February 4, 2024

PayTabs Group Partners With Nearpay To Offer Users An Elevated Soft POS payment experience

  Eyad Musharbash, PayTabs Regional Head and Operating Partner for the LEVANT region, and Mohammad Aleban, Nearpay CEO and co-founder. Image Courtesy: PayTabs Riyadh, Saudi Arabia: PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced it had partnered with Nearpay, Saudi Arabia’s leading Payment Infrastructure as a Service fintech brand to offer users across Jordan […]

January 28, 2024

Valu partners with Bosta and PayTabs to transform last-mile delivery service

Valu, MENA’s leading universal financial technology powerhouse, announced its partnership with Bosta, the leading tech-enabled last-mile delivery service provider in Egypt and Saudi Arabia. PayTabs Egypt developed this innovative feature to facilitate the payment of shipments using the installment on delivery (IOD) feature through the Valu app for the first time in Egypt. This agreement aims […]

January 22, 2024

PayTabs Group inks partnership with Fintech Galaxy to elevate GCC’s fintech space with payment orchestration and open banking solutions

  Riyadh, Saudi Arabia: PayTabs Group, MEASA’s award-winning payment solutions powerhouse today announced it has partnered with Open Banking and financial innovation entity, Fintech Galaxy.  The collaboration aims to provide data consolidation and lightning-fast payment initiation services by diving into the global expertise of PayTabs expansive payment orchestration platform. The service will initially be rolled […]

December 4, 2023

PayTabs Egypt partners with mnGm to Initiate card acceptance for gold purchases online for the first time in Egypt

Cairo – PayTabs Egypt, MEASA’s award-winning payments powerhouse, announced today a strategic partnership with mnGm, a digital platform that acts as the digital distributor for Gold Net Trading (GNT), which is a subsidiary of Evolve Investment Holding as well as its trading arm. This collaboration marks a significant milestone in the Egyptian market, as it introduces […]

November 28, 2023

PayTabs unveils its expansion into card issuance

As part of PayTabs Orchestration final touches to build fintech domination in the region, this proprietary solution will enable banks, enterprises, and corporates to issue cobranded Visa, MasterCard, and debit cards like RuPay along with other local cards RIYADH, Saudi Arabia, Nov. 27, 2023 /PRNewswire/ — PayTabs Group, MENA’s award-winning payment orchestration powerhouse today announced the launch of PayTabs Issuance […]

November 15, 2023

PayTabs partners with Tabby to grow GCC’s digital economy

Riyadh: PayTabs Group, MEASA’s award-winning payment solutions powerhouse today announced that it has partnered with Tabby MENA’s leading shopping and financial services app to power the growth of ecommerce across the Kingdom of Saudi Arabia and the United Arab Emirates. The collaboration aims to elevate businesses on the PayTabs Payments platform by offering Tabby’s interest […]

September 15, 2023

Middle East Payment Services partners with Saudi Arabia’s PayTabs Group

MEPS Fast transforms smart phones into merchant point of sale (POS) terminals enabling businesses in Jordan to benefit from contactless payments. Amman, Jordan – Middle East Payment Services, the Jordan’s most innovative payment service provider today announced its strategic collaboration with PayTabs, Saudi Arabia’s award-winning payments powerhouse to launch the latest version of the ‘Tap to […]

August 9, 2023

PayTabs partners with MEPS to enter Palestine’s emerging web commerce market

  Palestine: PayTabs Group, MENA’s award-winning payment solutions powerhouse today announced that it had entered into an agreement with Middle East Payment Services (MEPS), Palestine to power digital payments in Palestine. The key objective of the alliance is to enable and empower small and medium merchants, ecommerce entrepreneurs, webpreneurs and creators in Palestine with simple […]

June 15, 2023

PayTabs becomes first to deploy Modirum 3D Secure payment solutions within the Kingdom of Saudi Arabia

The deployment is a major milestone for the advancement of digital payment security in the Kingdom. RIYADH, Saudi Arabia, June 14, 2023 /PRNewswire/ — Saudi Arabia’s PayTabs Group, the region’s award-winning payment solutions provider, today announced a strategic agreement with Modirum – a global brand with a track record of delivering effective 3D secure solutions for over 20 years. The alliance between […]

May 23, 2023

PayTabs acquires OGS PayLab India, to deliver mada certified payment orchestration in the Kingdom

News of the acquisition comes as PayTabs receives mada Payment Gateway Certification from Saudi Payments DUBAI, UAE, May 22, 2023 /PRNewswire/ — PayTabs Group, the regional award-winning payments powerhouse, in an unprecedented move announced that it has completed its acquisition of 100% stake in OGS PayLab. OGS PayLab based in Chennai, India, is one of the leading service providers […]

May 21, 2023

FinTech firms PayTabs and FlapKap collaborate to ‘superpower’ UAE ecommerce brands

The partnership aims to elevate the growth of UAE ecommerce merchants by providing SME’s with revenue-based funding facilities. DUBAI, UAE, May 18, 2023 /PRNewswire/ —  PayTabs, MEASA’s award-winning payment solutions provider, today announced a strategic partnership with FlapKap, MENA’s leading revenue-based financing platform. The collaboration between the two firms aims to support new and existing PayTabs entrepreneurs, webpreneurs and small […]

May 9, 2023

PayTabs becomes the first to launch ReelsPay across the MENA Region to elevate social media sales

Micro merchants and freelancers across UAE, KSA and Egypt can now sell more by sharing a single link with their buyers over social media platforms. DUBAI, UAE, May 8, 2023 /PRNewswire/ — PayTabs, MEASA’s award-winning payments powerhouse, today announced that millions of freelancers, home based business owners and micro vendors across the Kingdom of Saudi Arabia, the United Arab Emirates and Egypt will now […]

January 2, 2023

valU and PayTabs Egypt team up with TicketsMarche to offer payment solution

Buy-Now, Pay-Later (BNPL) fintech valU and e-payment firm PayTabs Egypt have allied with TicketsMarche to offer payment solutions for the entertainment industry. The tie-up aimed at enabling TicketsMarche’s customers to finance and pay for their ticket purchases through valU and PayTabs Egypt, according to a press release published on Zawya. In addition, the collaboration will also allow valU exclusive […]

December 12, 2022

PayTabs acquires Turkey’s largest social commerce platform, Paymes

The acquisition aims to create a unified social commerce platform for micro merchants, fempreneurs and webpreneurs across the MENA region RIYADH, Saudi Arabia, Dec. 11, 2022 /PRNewswire/ — PayTabs, Middle East, Africa, and South Asia’s (MEASA’s) award-winning payments powerhouse, in a power play announced that it had acquired a 100% stake in Paymes, Turkey’s largest social commerce platform. The news of the acquisition comes just […]

November 10, 2022

PayTabs merges with Digital Pay to launch mega payment platform

PayTabs, a Dubai-based payments company running in the Middle East, Africa and South Asia region, has announced an acquisition of Saudi Arabian point-of-sale tech company Digital Pay, with a 100 per cent stake. The Digital Pay hardware will serve as PayTabs’ flagship POS terminal product, complementing the firm’s existing POS options. It will augment and […]

November 10, 2022

Tanmeyah Partners With PayTabs Egypt To Fully Digitize Collections For The First Time

Tanmeyah for Microfinance Services, a subsidiary of EFG Hermes Holding and one of Egypt’s leading providers of microfinance solutions, and PayTabs Egypt, a  subsidiary of EFG Hermes Holding and MEASA’s award-winning payment powerhouse, announced today that the companies have forged a strategic alliance to digitize Tanmeyah ‘s payment collection through PayTabs Egypt’s secure payment gateway. […]

October 3, 2022

PayTabs launches social commerce across GCC

Micro merchants and freelancers across UAE & KSA can set up free web stores and receive social media payments with Paymes DUBAI, UAE, Sept. 20, 2022 /PRNewswire/ —  PayTabs, MEASA’s award-winning payments powerhouse, today announced that millions of freelancers, artisans, consultants, home based business owners, personal trainers and micro vendors across the United Arab Emirates and the Kingdom of Saudi […]

September 7, 2022

valU, PayTabs Egypt partner with notchnco to create digitised and targeted shopping experiences

valU, PayTabs Egypt, and notchnco announced on Sunday that they are collaborating to allow valU’s clients to enjoy a unique WhatsApp shopping experience.  For the first time in Egypt, through an automated workflow developed by notchnco, valU is capitalising on WhatsApp’s business Application Programming Interface (API), while processing payments via PayTabs Egypt’s digital payment solutions to […]

August 30, 2022

PayTabs introduces SwitchOn®, the next generation payment solutions suite

PayTabs’ SwitchOn® platform offers unrivaled capabilities, value, and flexibility to established financial institutions, fintech’s and merchants in the MENA region DUBAI, UAE, June 7, 2022 /PRNewswire/ — PayTabs – MENA’s award-winning payment processing powerhouse, made a jump start last year in its pursuit to pioneer next generation payments, by announcing the launch of its new home owned, globally […]

August 14, 2022

PayTabs Egypt partners with Waffarha to introduce digital payment solutions

PayTabs Egypt, MENA’s payment processing powerhouse, announced its partnership with digital savings platform Waffarha. The collaboration aims to offer the Egyptian market prime deals on various products and services at affordable prices. The products may be purchased with user-friendly online payment solutions backed by cutting-edge technology. Through this collaboration, end-users of Waffarha’s platform can access […]

August 10, 2022

PayTabs Egypt, Waffarha Partner on Digital Payments for Online Shopping

Payment processing company PayTabs Egypt and digital shopping platform Waffarha have partnered to offer digital payment solutions and further Egypt’s shift toward a cashless society. Shoppers will be able to pay for their purchases quickly and seamlessly with credit cards and save their card details for future use, and merchants will be able to appeal to more customers by […]

August 7, 2022

Netcetera advances seamless payments with PayTabs

Swiss software expert Netcetera is enabling secure payments in the Middle East, Africa and South Asia region with their 3DS acquiring server solution for PayTabs. The 3DS server is an important piece in the puzzle for PayTabs, an award winning payment processing powerhouse, offering social commerce, digital and next-generation payment solutions across the MEASA region. […]

May 24, 2022

PayTabs launches social commerce platform Paymes

Micro merchants and freelancers across UAE & KSA can set up free web stores and receive social media payments with Paymes DUBAI, UAE, Sept. 20, 2022 /PRNewswire/ —  PayTabs, MEASA’s award-winning payments powerhouse, today announced that millions of freelancers, artisans, consultants, home based business owners, personal trainers and micro vendors across the United Arab Emirates and the Kingdom of Saudi […]

April 26, 2022

Turkish Fintech Startup Paymes Merges with PayTabs

Paymes and PayTabs are collaborating to empower millions of merchants in the Middle East and North Africa region with social commerce solutions. Paymes, the payment platform with the highest number of users in Turkey, attracting attention with the investments and awards it has received, joins forces with PayTabs, the leading payment and electronic money institution […]

April 4, 2022

EgyptAir enters tripartite partnership with ValU, Pay Tabs for e-payments

EgyptAir entered into a partnership agreement with ValU and Pay Tabs Egypt this week to provide payment solutions for airline tickets. Under the agreement, ValU will provide buy now and pay later services to EgyptAir customers to book and pay domestic and international airline tickets and make payments through the Pay Tabs Egypt payment gateway. […]

February 2, 2022

valU and PayTabs Egypt partner with Mazadat, marking a first-of-Its-kind partnership between the BNPL Player and the X2C auctioning and e-commerce platform

The agreement between the BNPL player, payment gateway and the e-commerce platform aims to break new grounds in the C2C e-commerce sector, creating a shopping experience that is more affordable, sustainable, and accessible. Cairo: valU, MENA’s leading Buy-Now Pay-Later (BNPL) fintech platform, PayTabs Egypt, the award winning  payment gateway solution, and Mazadat, the first X2C online-offline auctioning and […]

July 4, 2021

PayTabs Egypt wins “Best E-Payment Solution” at Entrepreneur Middle East’s Leaders in Fintech Awards 2021

DUBAI, UAE, June 14, 2021 /PRNewswire/ — PayTabs Egypt, which set up operations in Cairo nearly a year and a half ago, announced that it has received the prestigious “Best E-Payment Solution” award at the ‘Leaders in Fintech Awards 2021’ presented by Entrepreneur Middle East. The event turned out to be a phenomenal evening, one […]

June 30, 2021

zVendo, PayTabs Egypt, valU collaborate to launch Baraka Group’s first online shopping platform

Egypt-based e-commerce enabler zVendo, e-payment solution providers PayTabs Egypt, and EFG Hermes-backed valU are collaborating to launch Baraka Group’s first online shopping portal, SWISH. The platform features Baraka Group’s products including New Balance, Baraka Optics, Beverly Hills Polo Club, and more. Press release zVendo, PayTabs Egypt, and valU have announced a collaboration to launch Baraka […]

May 26, 2021

Inertia partners with PayTabs Egypt and valU to provide E-payment solutions for home improvement financing

The partnership marks the Egyptian real estate sector’s first venture into digital payment solutions and efforts to accelerate contactless real estate sales during the pandemic Cairo: Inertia and EFG Hermes’ NBFI subsidiaries – PayTabs Egypt and valU, the leading fintech buy-now pay-later platform (BNPL), announced today that they have entered into an arrangement that will […]

May 6, 2021

PayTabs partners with Visa to bring innovative ‘Tap to Phone’ mobile acceptance solution to MENA

DUBAI, UAE, April 22, 2021 /PRNewswire/ — PayTabs, MENA’s award-winning payment solutions powerhouse, today announced the launch of their PayTabs Touch product, globally known as Tap to Phone – a contactless merchant payment acceptance solution. PayTabs, MENA’s award-winning payment solutions powerhouse, launches the PayTabs Touch product, globally known as Tap to Phone – a contactless merchant payment acceptance […]

April 12, 2021

valU and PayTabs Egypt announce partnership with LuLu Group International in Egypt

Cairo: EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), announced today the launch of a new partnership between its NBFI subsidiaries valU for consumer finance and PayTabs Egypt with LuLu Group International in Egypt, the Middle East’s leading hypermarket and supermarket chain. The partnership will allow LuLushoppers to benefit from valU’s […]

March 18, 2021

EFG Hermes Finance Platform Signs Partnership with Universal Group to Create Bespoke E-commerce

EFG Hermes Finance Platform Signs Partnership with Universal Group to Create Bespoke E-commerce EFG Hermes will leverage multiple arms across its non-bank financial institution platform to provide a comprehensive, tailored retail solution for Universal Group to directly serve customers Cairo, 17 March 2021 EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), […]

January 17, 2021

UnionPay International, PayTabs team up to boost ecommerce in the UAE

UnionPay International (UPI) and PayTabs, MENA’s award-winning payment solutions powerhouse, today announced a strategic partnership that allows PayTabs merchants to offer UnionPay Cards as an alternative payment method to customers who purchase goods and services online in the United Arab Emirates. The collaboration aims to service thousands of PayTabs merchants in retail, travel, hospitality, healthcare, […]

October 13, 2020

IGI Real Estate Inks Deal to Enable Online Payments

IGI Real Estate has partnered with the innovative payment service provider PayTabs to install electronic payment systems on the former developer’s website, hence faster and easier home-buying deals, in a move that marks the first of its kind in the country, Invest-Gate reports. This comes as part of the Egypt-based company’s keenness to support the […]

September 24, 2020

PayTabs offers services without charge to SMEs for three months starting October

Small businesses are getting access to EFG Hermes’ online payment platform PayTabs Egypt’s gateway services for three months at no charge, according to a statement (pdf). This option will be available for businesses that process EGP 100k per month in online transactions. The PayTabs gateway allows businesses to integrate cash flows from various sources on […]

September 24, 2020

PayTabs Egypt provides SMEs with 3 months free online payment, collection: EFG Hermes

PayTabs Egypt, a joint start-up company between EFG Hermes and PayTabs International, has announced it will facilitate free electronic payment and collection services to small- and medium-sized enterprises (SMEs) for three months. The initiative aims to help SMEs overcome the consequences of the recent economic slowdown and other repercussions caused by the novel coronavirus (COVID-19). […]

August 4, 2020

Meet Govera: A New App With Convenient Multi-Bill Payment Solutions For UAE Residents Staying Safe At Home

Dubai 21 April 2020: MBME, the UAE’s leading payment and government services platform, has partnered with PayTabs, MENA’s award winning B2B payments solutions provider to launch Govera – a flexible and user-friendly bill payment application. The super-smart multi-biller, multi-currency and multi-language mobile application is equipped with a wide spectrum of features and functionalities which enable […]

July 27, 2020

Saudi firms Nazeel and PayTabs collaborate to empower the hospitality industry

PayTabs, the region’s award-winning payment solutions powerhouse, has announced a strategic partnership with Riyadh based ALIA ICT, an ICT service provider offering cloud-based hotel management software. The objective of the collaboration between the two firms is to support and facilitate online payment acceptance for hotels, motels, chalets, resort chains, and real estate properties within the […]

July 27, 2020

MENA finTech firms PayTabs and Invoice Bazaar collaborate to empower small businesses

Dubai: PayTabs, MENA’s award-winning payment solutions provider, today announced a strategic partnership with Dubai based Invoice Bazaar, a forfaiting and working capital solutions provider. The objective of the collaboration between the two firms is to support small and medium e-commerce businesses (SMEs) with working capital requirements via Invoice Bazaar’s banking partner network. The main aim […]

April 19, 2020

EFG Hermes and PayTabs enter into a strategic partnership to launch PayTabs Egypt, a mass B2C and B2B payment acceptance and solutions provider

Cairo, 13 April 2020: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), announced today that it has entered a strategic partnership agreement with PayTabs, an award-winning global fintech solutions provider, to launch PayTabs Egypt. PayTabs Egypt will build a cutting-edge platform to facilitate financial inclusion, catering to both the online and […]

July 2, 2018

eFatoora Partners With PayTabs for End-to-End Payment Solutions in the UAE

DUBAI, United Arab Emirates, July 2, 2018 (Newswire.com) – ​eFatoora, a paperless solution using unique technology and smart contracts , has partnered with PayTabs, a Bahrain-based company that processes payments securely and efficiently, to deliver end-to-end payments in the UAE, collaborating to build a secure, seamless payment platform to enhance the user experience in the […]

May 8, 2018

PayTabs: The Fintech Company of the Year

PayTabs acclaimed as the Fintech Company of the Year at the prestigious Arabian Business Achievement Awards 2018 Bahrain, 8 May 2018: When it’s a star-studded night, it’s only natural that some of those stars shine a light on the innovative brands that contribute most to industry and society. Which is why it was fitting that […]

April 19, 2018

PayTabbers celebrate Health Day

Event held at PayTabs to coincide with World Health Day which falls on 7 April, annually Bahrain, April 2018: They say, ‘health is wealth’. And this theme resonated throughout PayTabs when the company hosted its’ first ever Health Day for employees. Employees were requested to dress in the signature colours for the day; shades of […]

April 3, 2018

PayTabs CEO recognised as top Fintech influencer

CEO and founder of PayTabs, Abdulaziz Al Jouf recognised as premier influencer of Fintech in the region Bahrain: Paytabs, the region’s fastest growing payment processing firm today announced its’ CEO and founder, Abdulaziz Al Jouf was recognised by LATTICE80 as the man to ‘know and follow in the Middle East’s fintech sector’. LATTICE80 is a […]

April 1, 2018

PayTabs awarded Asia’s best company to work for

PayTabs and PayTabers honoured with prestigious morale boosting award Bahrain, 1 April 2018: PayTabs, the one stop payment solutions firm today announced it had won the People’s Choice Award for the Best Company to work for in all of Asia. The award was handed out by officials from Smile-a-Minute Inc, in a sparkling event held […]

March 6, 2018

Founding partner of Bahrain Fintech Bay

PayTabs to collaborate with the largest dedicated Fintech Hub in the Middle East and Africa Bahrain: As key officials from the Bahrain Economic Development Board and the Fintech Consortium kicked off the launch of Bahrain Fintech Bay on 21 February 2018, PayTabs, the one-stop payment solutions firm announced it would be one of the principal […]

February 1, 2018

PayTabs clinches Best Global Online Payments Solution Award of 2017

PayTabs has been conferred the best global online payments solution for 2017 for its revolutionary and innovative payment solutions in ecommerce Mumbai:  Paytabs, headquartered in the Kingdom of Bahrain, reasserted its claim as one of the top payment processors by winning the “Best Global Online Payments Solution 2017” at the World Payment Congress held last […]

August 28, 2017

GCC Startup PayTabs Aims To Go Global With A US$20 Million Raise

MENA-based payment processing startup PayTabs has raised a US$20 million in funds in a Series A round from undisclosed private investors. Starting out of the Kingdom of Saudi Arabia (KSA) in 2014 and growing their base there, PayTabs subsequently entered Bahrain, and its current fundraising is directed towards further expansion in the MENA region, Southeast Asia, India, […]

March 10, 2024

The Biggest News from LEAP 2024

PayTabs Group Integration for Seamless National Payment PayTabs Group has integrated key national payment methods, enhancing its presence in Saudi Arabia and expanding services to government entities, financial institutions, fintech companies, and organisations overseeing major projects. This advancement allows efficient and secure payment processing and collection. PayTabs now enables its technology partners to accept payments […]

March 4, 2024

Huawei Cloud unveils ambitious expansion plans in the Middle East

Huawei Cloud made a series of announcements at the Mobile World Congress (MCW) 2024 that revealed its ambitious plans for expanding its footprint across the Middle East. The company announced new partnership agreements with Saudi Arabia-based Zode and United Arab Emirates (UAE)-based PayTabs. These collaborations are intended to collectively drive the innovation and implementation of […]

March 4, 2024

Huawei Cloud Accelerates Intelligence Across Middle East And Central Asia

At Mobile World Congress (MWC) 2024, Huawei Cloud announced new partnership agreements with Saudi Arabia-based Zode and UAE-based PayTabs. These collaborations are intended to collectively drive the innovation and implementation of cloud and AI technologies in diverse industry use cases. Alan Qi, President of Huawei Cloud Middle East and Central Asia, emphasized that these Memorandum […]

February 6, 2024

PayTabs moves needle on payments in Levant region

Riyadh – Sharikat Mubasher: The award-winning payment solutions provider PayTabs is set to launch its soft point of sales solution (Soft POS) in Iraq soon, in a bid to elevate near field communication (NFC) payments in the Levant region, Eyad Musharbash, PayTabs’ Regional Head and Operating Partner for the Levant Region exclusively told Sharikat Mubasher. Musharbash […]

January 21, 2024

PayTabs Gears Up To Expand Beyond MENA Region In 2024

Saudi Arabia’s fintech sector has been rapidly evolving throughout the past few years, backed by the adoption of digital financial services, including mobile payments, online banking, e-wallets, and payment applications. In 2023, the fintech industry was ranked first in Saudi Arabia with funding amounting to $704 million deployed through 30 deals. Being one of Forbes’ […]

November 29, 2023

PayTabs: Revolutionizing Online Payments

In the dynamic world of e-commerce, PayTabs emerges as a leading player in the realm of online payment solutions. With a commitment to providing businesses with robust, secure, and versatile payment processing services, PayTabs has established itself as a key enabler for merchants navigating the complexities of digital transactions. Founding Principles and Vision: Founded with […]

October 30, 2023

4 Payment Gateways disrupting eCommerce market in MENA

Payment gateways are third-party companies or software mechanisms that facilitate and authorize financial transactions between customers and merchants. They serve as intermediaries in the payment process, ensuring the secure and efficient transfer of payments. The Middle East and North Africa (MENA) region has witnessed significant growth in eCommerce over the past decade, with it various […]

September 9, 2023

Top 16 Startups in Saudi Arabia in 2023

PayTabs Since 2014, the world’s most straightforward and reliable payments have been available. PayTabs is a global B2B online payments solution provider that has won numerous awards. Details of the startup: State: Ash Sharqiyah City: Al Khobar Started in: 2014 Founders: Abdulaziz Fahad Al Jouf Industries: E-Commerce, Financial Services, FinTech, Mobile Payments, Payments Number of […]

September 5, 2023

STC signs agreements with digital, IT solution providers at Seamless Saudi Arabia

Riyadh – Mubasher: Saudi Telecom Company (stc) penned cooperation agreements with digital platform PayTabs as well as information technology (IT) solution provider Brightware during their participation in Seamless Saudi Arabia 2023. stc signed the agreement with Brightware on the first day of the event, 4 September, to develop digital payment systems by offering SADAD Aggregator service. The solution […]

July 12, 2023

Top 7 Fintech Startups Revolutionizing Saudi Arabia’s Financial Landscape

The Kingdom of Saudi Arabia has rapidly emerged as a hub for fintech innovation in recent years, fueled by the country’s ambitious Vision 2030 plan and a supportive regulatory environment. As a result, numerous startups have burst onto the scene, leveraging cutting-edge technology to disrupt the financial services sector. In this article, we explore the […]

June 22, 2023

MENA Tech 2023: Mapping The Technology Landscape

Over the last decade, MENA’s technology scene has evolved from a relatively disparate collection of markets that largely followed the lead of economies such as the US and China, to a region confidently forging its own technological identity. And with a comparatively young, tech-savvy population of around 578 million, an e-commerce market set to surpass […]

June 15, 2023

Huda Al Benmoussa: Inspiring Blue Sky Payments

Meet Huda Al Benmoussa, the Business Development Country Manager, KSA, PayTabs Group, an online mobile, social, and next-generation payment processing powerhouse for merchants and super merchants. In 2014, Abdulaziz Fahad Al Jouf, a pioneer for Fintech startups, established PayTabs – the payment processing company after gaining extensive experience founding innovative startup companiesfocused on sales optimization and events management. […]

June 15, 2023

Johnson Sasikumar: Super powering MEASA’s payment landscape

Meet Johnson Sasikumar, the Group Head of Strategy, PayTabs, an online mobile, social, and next-generation payment processing powerhouse for merchants and super merchants. With an impressive track record as a serial entrepreneur and over 29 years of expertise as a leader in the digital payments industry, Johnson possesses a wealth of knowledge in driving business development, shaping operational […]

February 19, 2023

Why Saudi Arabia is Emerging as a Leading Fintech Hub in MENA

Saudi Arabia’s fintech sector is booming. While fintech across the MENA region may be growing rapidly, it is growing exponentially in Saudi Arabia, especially when compared to previous years. In 2022, fintech emerged as the most funded industry in the kingdom with $239 million raised, a 167% increase compared to 2021, according to Magnitt’s 2022 […]

February 19, 2023

PayTabs: Flexible Digital Payment Solutions That Address eCommerce Market Needs

Fintech was a nascent industry, and eCommerce was in its formative stages in Middle Eastern and North African nations in the early 2010s. So when a Saudi Arabian eCommerce entrepreneur — with several startups already under his belt — began searching for an efficient way to facilitate digital payments, traditional banking firms were his only […]

January 14, 2023

Mena startups raised $125 million in December, pushing 2022 total to $3.6 billion

Startups in the Middle East and North Africa region (Mena) raised $125 million in December 2022 across 38 deals, taking the total amount raised last year to approximately $3.6 billion (a rise of 13 per cent compared to 2021) spread over 628 deals. Funding in December was down 40 per cent compared to December 2021 […]

December 12, 2022

Top 10 Middle East fintechs to watch in 2023

Dubai International Financial Centre (DIFC) As fintech skyrockets in the Middle East, we track the top 10 fintechs to watch in 2023, from all-digital banks to ride-share companies and beyond Fintech in the Middle East has had an enthusiastic welcome. And it’s little wonder that adoption has been high considering the region’s excellent mobile penetration […]

August 16, 2022

TOP 25 FINTECH COMPANIES 2022

From e-payments to open banking and crypto-assets exchanges, Fintech companies are booming across MENA, driven by high demand from a young and increasingly digital-first population. According to a report by KPMG, investment in Fintech companies in Europe, the Middle East, and Africa (EMEA) hit $77.4 billion in 2021, across 1,859 deals, compared to $26.7 billion […]

June 21, 2022

Abdulaziz Al Jouf: The Payment Orchestrator of the Middle East

Abdulaziz Fahad Al Jouf is a Saudi entrepreneur and the founder and CEO of PayTabs, a revolutionary payment processing firm that he founded in Saudi Arabia in January 2014. Abdulaziz founded PayTabs after gaining extensive experience in founding previous e-commerce businesses such as SaleTab and Extabs. His team refers to him as AA, and he […]

May 18, 2022

101 Top Arab World E-Commerce Companies and Startups

This article showcases our top picks for the best Arab World based E-Commerce companies. These startups and companies are taking a variety of approaches to innovating the E-Commerce industry, but are all exceptional companies well worth a follow. We tried to pick companies across the size spectrum from cutting edge startups to established brands. We […]

April 26, 2022

How I Turned A ‘Napkin Idea’ Into A Successful B2B Payment Solution Business

Abdulaziz Al Jouf, CEO & founder of PayTabs – a cutting-edge payment solutions and payment processing company, founded in Saudi Arabia in 2014. PayTabs is an award-winning, B2B, payments solutions powerhouse. Our payment processing company caters to growing small and medium enterprises, large corporations, and the e-commerce market by empowering merchants with comprehensive digital payment solutions. PayTab’s […]

April 3, 2022

Abdulaziz Fahad Al-Jouf, founder and CEO of payment processing company PayTabs

RIYADH: Abdulaziz Fahad Al-Jouf is the founder and CEO of PayTabs, a payment processing company founded in Saudi Arabia in January 2014 and now it has offices is the Kingdom, UAE, and Egypt. He graduated from Riyadh’s Imam Muhammad Ibn Saud Islamic University in 1999 with a bachelor’s degree in Islamic business and subsequently obtained a […]

January 31, 2022

UAE SMEs, Consumers Embrace Cashless Payments at Fast Pace

In the United Arab Emirates (UAE), digital payments and cashless transactions are becoming the new norm as both consumers and small and medium-sized enterprises (SMEs) continue to actively embrace these solutions. A new research study by Visa found that compared to global averages, UAE SMEs and consumers are showing a higher level of willingness to […]

January 24, 2022

Top 14 Most Well-Funded Fintech Startups in MENA

Forbes Middle East has released its annual ranking of the Top 50 Most-Funded Startups in the Middle East and North African (MENA) region. Out of these 50 companies, 14 are fintech firms, making the sector the most represented one across all tech sectors. Combined, these 14 fintech companies had raised a total of US$611.1 million, […]

November 29, 2021

EFG Hermes launches new digital trading platform

EFG Hermes, the first universal bank in Egypt and the leading investment bank in Frontier Emerging Markets (FEM), has launched an advanced version of its flagship “EFG Hermes One” trading platform. Announcing its launch at the RiseUp Summit 2021, EFG Hermes said the new application will feature a wider range of brokerage services, a fully […]

October 31, 2021

Fintech Saudi Annual Report 2021

FINTECH MAPS IN SAUDI ARABIA View full media release

September 8, 2021

21 Top Saudi Arabian FinTech Companies and Startups

  This article showcases our top picks for the best Saudi Arabian based FinTech companies. These startups and companies are taking a variety of approaches to innovating the FinTech industry, but are all exceptional companies well worth a follow. We tried to pick companies across the size spectrum from cutting edge startups to established brands. […]

September 1, 2021

The Business Year Interview with Abdulaziz Aljouf

“Travel used to represent 30% of our business, and that revenue went down to zero.“ The pandemic has accelerated existing digital trends in the payments industry. Has PayTabs, as both a Saudi and a global player, seen a rise in volumes as a result of COVID-19? Digital payments have been soaring. Our numbers jumped by […]

August 22, 2021

10 Best and Most Innovative Saudi Arabia Based Payment & Fintech Firms and Startups

This article showcases our top picks for the best Saudi Arabia based Payment & Fintech companies. These startups and companies are taking a variety of approaches to innovating the Payment & Fintech industry, but are all exceptional companies well worth a follow. We tried to pick companies across the size spectrum from cutting edge startups […]

August 1, 2021

Presenting before you all PayTabs to power the future of payments in the MENA region

Do you also like to have instant access to the amount paid by your clients using all major credit cards from all over the globe on your websites or mobile apps with just one click? Then go no farther than this comprehensive payment processing solution for your company. Allow your business to take payments immediately […]

June 13, 2021

Top Mobile Payment Companies and Startups in Saudi Arabia (2021)

This article showcases our top picks for the best Saudi Arabia based Mobile Payment companies. These startups and companies are taking a variety of approaches to innovating the Mobile Payment industry, but are all exceptional companies well worth a follow. We tried to pick companies across the size spectrum from cutting edge startups to established […]

April 20, 2021

Middle East Online Payment Gateway Market Outlook Report 2020-2028 Featuring Telr Pte, Payfort International, Checkout.com, 2Checkout, PayTabs, CASHU, and Infibeam Avenues

The Middle East online payment gateway market registered a value of around USD 2300 Million in the year 2019 and is further estimated to reach around USD 9500 Million by the year 2028, by growing at a CAGR of 16.80% Over the forecast period of 2020-2028, increasing internet penetration, advancements in online payment technology, rise […]

April 18, 2021

‘Cash-heavy’ Middle East prepares for digital payments shakeup

AROUND FALL 2019, Egyptian digital-payments provider Paymob’s three founders were expecting a year of steady growth. The startup had onboarded about 60 merchants onto their platform that September, and as digital payments grew in popularity, the co-founders were optimistic that they would soon begin adding around 100 merchants a month. Then the pandemic hit, and […]

March 9, 2021

In-Depth with PayTabs’ Hany Soliman

ArabFinance: From an idea on a Starbucks napkin in 2013 to one of the region’s leading fintech startups, PayTabs has been in the Egyptian market for just over a year and the company has already established itself through a myriad of partnerships with key players. Arab Finance sat down with Hany Soliman the company’s Egypt […]

March 4, 2021

The Digital Fifth’s Top 30 Fintech Influencers of the MENA Region- 2021

MENA region is one of the hotspots that has seen Fintech’s grow. From Setting up Sandbox to establishing ‘Reglab’, which eases Fintech establishment; this region has it all. At the same time, Fintechs are anchoring the reforms and bringing in massive opportunities to grow, enabling the MENA region to attract top international company’s investments. This […]

January 24, 2021

The top Middle Eastern fintechs to watch in 2021

Born out of an idea scribbled on a Starbucks napkin, PayTabs describes itself as the one-stop shop for managing your online business. From a robust payment platform to state-of-the-art technology for developers, PayTabs lures its customers in with the promise of no hidden fees and straightforward pricing. It pays particular attention to the security of […]

December 20, 2020

Middle East Online Payment Gateway Market Outlook By Trend, Regional Demand, Product and Forecast

Middle East Online Payment Gateway Market report involves growth factors of the worldwide market based on end-users. Also, the industry changing factors for the market segments have been discovered in this report. The market document forecasts the innovative applications of the product market on the basis of several estimations. International Middle East Online Payment Gateway […]

December 20, 2020

The Future of Fintech in Saudi Arabia – A Virtual Event

Saudi Arabia has consistently seen a surge in the use of FinTech and related technologies during the global health crisis. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded expectations as part of the country’s Financial Sector Development (FSD) […]

October 6, 2020

Flick raises $1 million pre-seed investment

Egypt-based peer-to-peer (P2P) financial technology (fintech) startup Flick, has raised a $1 million a pre-seed funding round from an angel investor. Founded in September, Flick digitises cross-border, end-to-end money transfer and hopes to launch its service early 2021. It allows both the sender and recipient to complete a money transfer from anywhere in the world […]

September 22, 2020

PayTabs Egypt Moves to Provide SMEs with Free Access to Digital Payment Solutions for Three-Months

PayTabs Egypt, a joint venture between EFG Hermes and PayTabs, announced today that existing and prospective clients will be offered access to set up a payment gateway free of charge for a three-month period. The move is unprecedented in the MENA region and marks the widest charge-free extension of an online payment and checkout platform. […]

August 19, 2020

Solutions-minded Arab Fintech companies in the GCC

The GCC stands apart from other regional economies with a vivacious business environment that lends easy access to markets, provides regulatory support, and embraces a streamlined gateway to financial access and expertise. With Fintech being such a novelty in the Gulf region, only coming into existence in 2017, it needs such financial and regulatory infrastructure […]

July 29, 2020

Collect money through these Payment Gateways in UAE

A payment gateway is a technology which merchants use to accept customers’ debit or credit card purchases. The concept encompasses not just the traditional card-reading machines used in brick-and-mortar retail stores but also the online stores’ payment processing portals. View full media release

June 10, 2020

The Perks of Entrepreneurship

There are certainly many entrepreneurs who have become incredibly successful in their own right: Jeff Bezos, Mark Zuckerberg, or Saudi Arabia’s Abdul Aziz Al-Jouf, CEO and founder of the payment processing company PayTabs. These individuals are testament to the personal success that an entrepreneur can achieve. But the true impact of entrepreneurship goes beyond one […]

June 10, 2020

Going 100% Cashless with Kiwe

While ordering a cup of coffee in 2018, Fatma Khalifa found herself in an all-too familiar situation; she had left her wallet at home. She quickly called her brother Mohamed to come rescue her from the situation and pay the check. On the awkward ride home, the siblings kept thinking of all the different ways […]

June 10, 2020

Q&A: An Interview with PayTabs

They say necessity is the mother of all invention. This statement rings true with the story behind PayTabs and its dynamic founder, Saudi entrepreneur, Abdulaziz Al Jouf. Born on a Starbucks napkin, PayTabs is a secure, trusted payment gateway for all types of transaction processing. What started as a Saudi-born startup, has become a global […]

March 14, 2020

Top 10 Fintech startups in Middle East and UAE

Author: Fintechnews Middle East As the Fintech industry continues to rise – particularly in the Middle East and UAE, which saw over 100 Fintech firms registered by the DIFC in 2019 – we countdown the top fintech organisations in the region based on funds raised and the company’s scalability. View full media release

December 29, 2019

MENA Fintech Startup Funding Report and Map

Author: Fintechnews Middle East Fintech is booming in the Middle East and North Africa (MENA), now representing one of the hottest industries in the region, according to a new report by investment data platform Magnitt and the Abu Dhabi Global Market (ADGM) international financial center. Since 2015, a total of US$237 million has been invested […]

December 18, 2019

GIB hosts Fintech Saudi event at bank’s Al Khobar Innovation Centre

Author: Gulf Today Staff GIB Saudi Arabia recently hosted ‘Digital Banking 4.0 – the new frontier’ event as part of the Fintech Tour 19. The event took place at GIB’s Innovation Centre located at its new offices in Al Khobar, Saudi Arabia. View full media release

November 20, 2019

FinTech Tour 19 to take place between 1st December & 12th December 2019 across Saudi Arabia and the GCC

Author: STARTUP MGZN Staff FinTech Tour 19, organized by FinTech Saudi, is a cluster of events and activities hosted by FinTech Saudi’s Partners across Saudi Arabia and the GCC. FinTech Tour 19 will take place between 1st December and 12th December 2019 focusing on the core themes of “Spreading FinTech Knowledge” and “Accelerating FinTech Entrepreneurship”. […]

October 27, 2019

Fintech industry poised for rapid growth in Mena

Author: Satish Kanady With digitalisation of financial services happening at an unprecedented pace in the Mena region, Fintech industry is seeing an immense growth in the region. From payments, banking, financial advisory, capital market and insurance, artificial intelligence (AI), data analytics, cloud and blockchain have reimagined the financial services sector in the region resulting in […]

August 4, 2019

Opinion: Why there is no top FinTech hub in MENA yet?

Author: AA FinTech, as an industry and as a technological solution in this information age of ours, is in the process of taking the world by storm. This point has been made many times in the business press and beyond, so as to hammer home the fact that the rise of the fintech industry will […]

July 29, 2019

Payoneer On The Hunt For India Lender Partner

Author: PYments Cross-border B2B payments firm Payoneer has inked a new collaboration with Saudi-based payments processing company PayTabs. Reports in The Hindu Business Line on Friday (July 26) said the companies are collaborating on a solution for B2B vendors selling on proprietary websites, rather than large online marketplaces, to integrate a payment gateway and receive […]

July 26, 2019

Cross-border B2B fintech firm Payoneer ties up with PayTabs

Author: KR Srivats Small and medium businesses (SMBs) and service providers from India selling goods or services through their own websites to customers abroad now have a seamless way to collect and move the payments. View full media release

July 11, 2019

Introducing a snappier way to pay!

Saudi Digital Payments Company (STC Pay) signed an agreement with Paytabs to offer digital payment solutions. View full media release

June 27, 2019

Top 40 Fintech influencers to follow in the Middle East

Author: TMS Staff Over the last couple of years, several changes in technology have an impact on financial and banking services as well. Now everyone is aware of the term FinTech which means usage of technology in the financial sector. Definitely, fintech influencers had their piece of share in making fintech an enormous thing by […]

April 27, 2019

Abdul Aziz Al-Jouf, founder and CEO of the Saudi payment processing company PayTabs

Author: Arab News Staff Abdul Aziz Al-Jouf has been the CEO and founder of the ground-breaking Saudi payment processing company PayTabs since November 2013. A serial entrepreneur and self-confessed risk-taker Al-Jouf, along with his highly successful PayTabs business, has received numerous accolades and awards. View full media release

April 21, 2019

PayTabs, the Online Payment Solutions Partner at BTX Show KSA

Author: EN Staff PayTabs joins BTX Saudi Arabia Edition 2019 as the online payment solutions partner to be held on 23rd April 2019 at The Al Faisaliah Hotels, Riyadh. PayTabs is an innovative payment processing and fraud prevention company, built to provide buyers and sellers an advanced technology to pay and get paid. PayTabs is […]

April 2, 2019

Zoho One for Startups program launched in Saudi Arabia

Author: SG Staff RIYADH — ZOHO, the operating system for business – a single online platform capable of running an entire business – has launched Zoho One for Startups program in the Kingdom of Saudi Arabia. The aim of the program is to help startups focus on building a profitable business from the ground up […]

March 21, 2019

UAE is the fastest growing region: Zoho

Zoho launches Arabic website, integrates with local payment gateway PayTabs to support businesses in the GCC region. Zoho, a global provider of cloud-based business software, today announced its plans for expanding and reinforcing its presence in the UAE and GCC region. The announcement was made on the sidelines of the company’s annual user conference, Zoholics […]

March 14, 2019

Riyadh is going to be lit with these 8 awesome speakers that you want to check out at STEP Saudi

Author: Bayaan Al-A’abed Remember how awesome STEP 2019 was?! (Check out our coverage of Day 1 & Day 2). Well, what if we tell you it’s happening again, right next to you – just a causeway away from B-Town actually. You heard right, buckle up because STEP is coming to you in Riyadh on March […]

February 27, 2019

Efma Middle East Regional Review 2019

From paper napkin to reality, our CEO & founder explains the growth of PayTabs in the EFMA MIDDLE EAST REGIONAL REVIEW 2019 View full media release

February 13, 2019

PayTabs – “A local Startup, Now Global”

Author: Aneesh Mathew Paytabs in partnership with Flat6Labs hosts a live demonstration of “local startup, now global” View full media release

December 5, 2018

Eight Saudi Entrepreneurs Paving The Future

Author: Entrepreneur ME Staff This year’s Arabnet Riyadh falls under the theme of “Rise of the Innovation Kingdom”. Thousands of digital business leaders, entrepreneurs and investors will gather in Riyadh on Dec 12-13, and will feature two events taking place simultaneously: ArabNet Riyadh for 1,000+ corporate executives and senior government leaders, and the Monsha’at Startup […]

December 5, 2018

8 Of Saudi’s Most Inspiring Entrepreneurs Who Are Truly Paving The Future

Author: Shereen Ahmed Saudi Arabia has become such a business hub, especially in recent years. According to a report done through a study, the number of funds, co-working spaces, incubators and accelerators and entrepreneurship support organisations have grown TRIPLE in size. View full media release

November 21, 2018

Four firms from the Middle East make KPMG’s top 100 fintech list

Consultancy-me.com Firms from four Middle Eastern nations have made this year’s KMPG Fintech 100 list, with Bahrain, the UAE, Jordan and Israel represented among the world’s top established and emerging financial technology innovators. KPMG’s annual Fintech100 list, compiled in collaboration with fintech capital investors H2 Ventures, recognises the world’s leading innovators operating in the fintech […]

October 31, 2018

Top 20 Fintech Startups In The Middle East

Authors: Jason Lasrado, Ranju Warrier, Ahmed Mabrouk  Fintech startups have created quite a buzz in the region, raising over $100 million in the last five years. Investment in this sector is well warranted, considering the fact that traditional banks have had limited success in the region, where 70% of the population do not even have […]

August 14, 2018

The Impact Of The Middle East’s Fintech Boom On Economic Inequality In The Region

Author: Sarah Willis Recently, a collection of social enterprise and entrepreneurship experts convened at Amity University in Dubai for the second annual National Treasure Conference, a gathering focused on the role that socially responsible for-profit ventures should play in achieving the Sustainable Development Goals set by the United Nations in 2015. One conversation that was […]

June 10, 2018

UAE businesses should focus on value more than profit, says PayTabs chief

Author: Lubna Hamdan Abdulaziz Al Jouf urged entrepreneurs to balance value and profit in order to scale successfully Business owners who focus more on profit than on value will ultimately fail, according to the CEO of Saudi-based payment solutions company PayTabs. Speaking to Arabian Business, Abdulaziz Al Jouf urged entrepreneurs to balance the two factors […]

June 9, 2018

How Bahrain is taking on the fintech challenge

Author: Bernd Debusmann Jr For decades, tiny Bahrain – population 1.5 million – has punched above its weight in the banking and financial services industry, rivalled only relatively recently in the Gulf by regional powerhouse Dubai. But rather than rest on its laurels, the small Gulf kingdom is striving to be on the cutting edge […]

June 8, 2018

‘Cryptocurrency is here to stay’ says PayTabs founder

Author: Lubna Hamdan Saudi-based fintech company to speed up remittance through cryptocurrency Abdulaziz Al Jouf, CEO of Saudi-based digital payment solutions company PayTabs. Despite remaining widely unregulated and highly volatile, cryptocurrency will continue to be used, according to the CEO of Saudi-based digital payment solutions company PayTabs. Speaking to Arabian Business, Abdulaziz Al Jouf said […]

June 8, 2018

Saudi’s PayTabs: Is this the future of banking?

Author: Lubna Hamdan Abdulaziz Al Jouf, CEO of Saudi-based payment solutions company PayTabs, is planning on using elements from cryptocurrency to blockchain and artificial intelligence to ease the payment processes ranging from remittances to SME bank transactions “I was always against working for someone else. I never wanted to be an employee.” It’s the reason […]

June 5, 2018

Middle East SMEs need more support from banks, private sector, says PayTabs CEO

Author: Lubna Hamdan Abdulaziz Al Jouf says there has been ‘massive’ change in regional support towards SMEs, but that there remains much more to be done AbdulAziz Aljouf, CEO of Saudi-based digital payment solutions company PayTabs. SMEs in the MENA region require additional support from private and banking sectors, as opposed to governments, according to […]

May 20, 2018

Startup MGZN: AbdulAziz Al-Jouf shares with us his journey of launching his startup PayTabs

Author: Bayan Al-A’abed Ever planned of opening a new business in Bahrain but the rumors of how bureaucratic and incredibly challenging it is to do that crawled up into your head and chased that awesome-life-changing idea away? Well, that’s why it’s our job as Startup MGZN to bring you some influential and inspirational people who […]

May 15, 2018

Interview with Entrepreneur Middle East

PayTabs CEO Abdulaziz Al Jouf was interviewed by Entrepreneur Middle East during StartUp Bahrain week back in March. View full media release

May 8, 2018

Kuwait companies honoured at Arabian Business Achievement Awards

Author: Jeremy Lawrence Kuwait’s leading entrepreneurs and CEOs were honoured at the at Arabian Business Achievement Awards, which took place at Jumeirah Messilah Beach Hotel on May 6. The sixteen winners revealed the diversity of Kuwait’s business environment, with entrepreneurs, family heads, corporate CEOs and successful women all scooping the top honours. Finance honours Three awards […]

April 11, 2018

Top Funded Startups Across 10 MENA Countries

Author: Sam Mahdavi The MENA startup scene has undergone a true transformation over the last 4 years – both in the number of deals and the amount invested. According to our 2017 Analytics report, the Compound Annual Growth Rate (CAGR) of investment (excluding investments in both Souq and Careem) was almost 75% between 2014 and […]

March 29, 2018

Top 50 Fintech Influencers in Middle East

Author: Jeremy Lawrence The United Arab Emirates remains a hotspot for fintech to grow, closely followed by Jordan as per a recent Forbes report. Similar to the Financial Conduct Authority‘s Regulatory Sandbox in the United Kingdom, The Financial Services Regulatory Authority of the Abu Dhabi Global Market commissioned the first regulatory lab called ‘RegLab‘ which […]

March 9, 2018

Will Bahrain-based PayTabs be able to Facilitate India’s Small and Medium Merchants?

Author: Aashika Jain As India is moving forward in the arena of alternate payment methods, a large number of international companies are making a beeline to leverage their payment networks. Bahrain-based PayTabs, a one of its kind payment platform which is available in 21 countries sees India as a huge potential market. The company is […]

March 9, 2018

Saudi start-ups build a platform for innovation

Author: Aseel Bashraheel JEDDAH: Saudi Arabia is brimming with talent, creativity and the drive for innovation. Vision 2030, led by the Crown Prince Mohammed bin Salman, further corroborates the Kingdom’s support for aspiring youth and local businesses to thrive. These are six Saudi start-ups to look out for: YOUPOSITIVE YouPositive is an electronic platform founded […]

March 6, 2018

Is Bahrain the region’s next innovation hub?

Author: Kathryn Semcow The government of Bahrain is expecting 2,500 entrepreneurs from around the region to gather in Manama for its first Start-Up Bahrain Week, which kicked off on Sunday. The event is part of an aggressive strategy by the Bahrain Economic Development Board (EDB) to turn Bahrain into a leading innovation hub for the […]

February 21, 2018

EXCLUSIVE: Bahrain-based fintech achieves early success

Author: Jennifer Aguinaldo Paytabs’ payment gateway has acquired 19,000 merchants across 21 countries in three years Bahrain-based online payment gateway Paytabs has managed to onboard 4,000 new merchants in 2017, bringing its total customers to 19,000, according to Punit Dinesh Thakker, the Senior VP of Business Development. Such growth has triggered the company, founded in […]

February 21, 2018

Bahrain FinTech Bay highlights launch with announcement of startups and founding partners

Author: Bahrain EDB Manama: Bahrain FinTech Bay (“BFB”), the largest Fintech hub in the Middle East & Africa, is pleased to announce its Founding Partners, coinciding with its launch today in Bahrain. BFB is the region’s largest fintech hub and will work with established industry leaders and new entrants from Bahrain, the region and around […]

February 21, 2018

Zawya: Bahrain FinTech Bay highlights launch with announcement of startups and founding partners

Author: Zawya Manama, 21 February 2018: Bahrain FinTech Bay (“BFB”), the largest Fintech hub in the Middle East & Africa, is pleased to announce its Founding Partners, coinciding with its launch today in Bahrain. BFB is the region’s largest fintech hub and will work with established industry leaders and new entrants from Bahrain, the region […]

February 8, 2018

‘Fintastic Bahrain Week’ from February 19 to 21

Author: The Daily Tribune Manama: The Bahrain Economic Development Board (EDB) announced the first Fintastic Bahrain Week from February 19 to 21. The week-long series of activities will bring together around 700 international and regional financial services experts to explore disruptive innovation across the industry. Hosting Fintastic Bahrain Week is part of the EDB’s efforts towards […]

February 7, 2018

On A Fintech Drive

Author: Clifford Alvares How Bahrain is seeking to diversify its economy away from oil, and attract Indian and global fintech startups and entrepreneurs It is a good time to start something in fintech in Bahrain,” says Vinod Nagar, VP, Marketing, PayTabs. “So our founder Abdulaziz Aljouf thought Bahrain more cost effective and we got really […]

January 16, 2018

MENA Startups Raised $560 Million In Funding Across 260 Deals In 2017, MAGNiTT Report Reveals

Author: Sindhu Hariharan MAGNiTT, a platform that tracks and reports developments in the MENA entrepreneurship space, starts 2018 by taking a look at the year gone by and how it treated the region’s startups. Releasing its annual State of MENA Funding report, MAGNiTT finds that in 2017, MENA’s startups attracted US$560 million of investment across […]

December 18, 2017

Keeping tabs on digital payments

Author: Muhammad Riaz Usman Armed with a business degree, Abdulaziz Fahad Al Jouf left for the United States to pursue a second bachelor’s degree. He searched for an economical school in the US and landed in Missouri where he studied software engineering at the University of Missouri-Kansas City. During that time, he founded the first […]

December 11, 2017

Fintech Is The New Oil In The Middle East And North Africa

Author: Jennifer Aguinaldo In the Middle East and North Africa (MENA), the financial technology sector, or fintech, is coming of age with regulators and governments across the region thinking more deeply about the impact that fintech companies will have on the broader economy. Over the past decade, fintech startups in the region have raised over […]

October 12, 2017

The Top Five GCC Startups to Watch Out For

Author: Red Herring The Middle East has risen, in a short space of time, from a digital backwater to a region of immense tech promise. The Gulf Cooperation Council (GCC) sits atop its valued metrics. The GCC was formally established in 1981, and includes all the Arab nations of the Persian Gulf except Iraq: Saudi […]

August 20, 2017

The 4th Revive Sharqiya Focuses on Fintech

Author: Endeavor SA Endeavor Saudi Arabia, August 19th, 2017 – Saudi entrepreneurs and experts in Fintech discussed the future of technology in financial services during the 4th edition of #ReviveSharqiya meetup. The event was organized by Endeavor Saudi Arabia, Wamda and Global Shapers Khobar Hub, part of the World Economic Forum community, and took place at Al […]

August 7, 2017

Exclusive: Q&A with CEO of Paytabs AbdulAziz Aljouf

Author: Tarek Ali Ahmed Al Arabiya English exclusively interviewed PayTabs Chief Executive Officer Abdulaziz F. AlJouf for his contributions to ecommerce in the Arab world. PayTabs is economy payment processing and fraud prevention company built to provide buyers and sellers an advanced technology to pay and get paid according to the company’s website. The company […]

December 13, 2016

This Middle Eastern Startup Is Getting Big In India

Author: Regina Mihindukulasuriya The need to fight fraud online came when PayTabs founder Abdulaziz Aljouf saw millions of money wiped out from an account. There were probably some tears involved too. What’s special about PayTabs is not that it comes from a relatively small gulf nation or that most of its market is in the […]

December 13, 2016

Mideast-based PayTabs to venture to S-E Asia next year

MANAMA, BAHRAIN: PayTabs, a premier gateway solution company in the Middle East, plans to venture into South-East Asia next year. Founder and chief executive officer Abdulaziz F. Al Jouf said the expansion into 10 countries in the region, including Malaysia, Singapore and Myanmar, is aimed at small and medium enterprises (SMEs). “We are not just […]

November 9, 2014

Why Saudi Aramco Entrepreneurship Center, Wa’ed, Invested in PayTabs

Wa’ed Equity advocates an approach that differs from typical Venture Capital functions that focus exclusively on one objective: profit. At Wa’ed Equity, the focus is not only on profit, but also on the creation of quality jobs and economic diversification in the region. Therefore, it is a Venture Capital function with a multinational agenda supporting […]

July 14, 2014

PayTabs solution to boost e-commerce in Mideast – Published at Trade Arabia

PayTabs, a payment processing solution company co-owned by Saudi Aramco Entrepreneurship Ventures (Wa’ed), is set to launch its online

PayTabs

Wired – 2021
January Issue

PayTabs

Arrajol 2020
March Issue

PayTabs

Rowad 2016 – Issue #17
October – December Issue

PayTabs

Forbes Middle East – 2015
September Issue

PayTabs

Forbes Middle East – Issue #48
March Issue

PayTabs

Forbes Middle East – 2014
December Issue

Awards

PayTabs: Fintech Company of the Year 2023

PayTabs: Fintech Company of the Year 2023

Championing world class digital payments, social commerce, and payment orchestration...
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Mena Fintech Awards 2023

Mena Fintech Awards 2023

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Forbes Middle East - Top Fintech Companies 2023

Forbes Middle East – Top Fintech Companies 2023

PayTabs Group Date of Establishment: 2014 Headquarters: Saudi Arabia Description: Payment solutions company...
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Business Excellence Award - Westford Awards 2023

Business Excellence Award – Westford Awards 2023

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Paymes wins Startup of the Year award

Paymes wins Startup of the Year award 2022

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Best in Class Payment Orchestration – International Business Magazine

Best in Class Payment Orchestration – International Business Magazine 2022

View full media release
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Forbes Middle East - Top Fintech Companies 2023

Top 25 Fintech Companies 2022 – Forbes Middle East

View full media release
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World Business Outlook - Best Fintech Company Saudi Arabia 2022

World Business Outlook – Best Fintech Company Saudi Arabia 2022

View full media release
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Abdulaziz Al Jouf: The Payment Orchestrator of the Middle East

Abdulaziz Al Jouf: The Payment Orchestrator of the Middle East 2022

June, 2022: Abdulaziz Fahad Al Jouf is a Saudi entrepreneur...
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Forbes Middle East - Top Fintech Companies 2023

Forbes Middle East listing of Most Funded Startups in MENA 2022

January, 2022: This year’s 50 Most-Funded Startups In MENA have...
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Most Innovative Payment Solutions Provider, KSA

Most Innovative Payment Solutions Provider, KSA 2021

December, 2021: As Saudi's Premier fintech company we are honored...
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Forbes Middle East - Top Fintech Companies 2023

Awarded ‘Top Fintech Apps In The Middle East’ accolade, by Forbes Middle East 2021

August, 2021: The companies on Forbes Middle East’s first list...
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Leaders in Fintech 2021: Best E-Payment Solution – PayTabs Egypt

Leaders in Fintech 2021: Best E-Payment Solution – PayTabs Egypt

June, 2021: In recognition of the MENA region's fintech ecosystem,...
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Top 30 Fintech Influencers in MENA region 2021

Top 30 Fintech Influencers in MENA region 2021

March, 2021: Top 30 Fintech Influencers in MENA region 2021...
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Esameyoon & MASIC: Best self-made personality award for 2021

Esameyoon & MASIC: Best self-made personality award for 2021

February, 2021: Esameyoon & MASIC: Best self-made personality award for...
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Forbes Middle East - Top Fintech Companies 2023

Middle East’s Top 10 Most-Funded Startups 2020

October, 2020: PayTabs among the top 10 most funded startups...
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Forbes Middle East - Top Fintech Companies 2023

#1 on Forbes Middle East Fintech 20 (2019)

September, 2019: PayTabs recognized as #1 on the top 20...
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FiNext Awards Singapore 2019

FiNext Awards Singapore 2019

April, 2019: Top Companies in Payments, conferred upon PayTabs on...
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BTX SHOW 2019 – CEO Excellence Award

BTX SHOW 2019 – CEO Excellence Award

April, 2019: Conferred on CEO Abdulaziz Al Jouf at the...
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Flat6labs Mentorship Award 2019

Flat6labs Mentorship Award 2019

March, 2019: Abdulaziz Al Jouf honored by Flat6Labs on account...
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FINTECH100 Report – H2 Ventures & KPMG 2018

FINTECH100 Report – H2 Ventures & KPMG 2018

October, 2018: We have proudly made the #Fintech100 2018 list...
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Forbes Middle East - Top Fintech Companies 2023

Top 100 Startups In The Middle East – 2018

October, 2018: Happy to announce that PayTabs has once again...
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Fintech Company of the Year 2018

Fintech Company of the Year 2018

May, 2018: PayTabs is honoured to win the ‘Fintech Company...
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Forbes Middle East - Top Fintech Companies 2023

Top 20 Fintech Startups In The Middle East 2018

March, 2018: PayTabs recognized as #1 on the top 20...
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Top Fintech influencer in the Middle East 2018

Top Fintech influencer in the Middle East 2018

March, 2018: PayTabs CEO and founder Abdulaziz Al Jouf recognized...
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Best Global Online Payments Solution 2017

Best Global Online Payments Solution 2017

February, 2018: The World Payment Congress recognizes players in the...
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The Asian Banker Innovation Leadership Achievement Award 2017

The Asian Banker Innovation Leadership Achievement Award 2017

December, 2017: The Asian Banker is a global leading provider...
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#4 on the Top 100 Startups In The Arab World 2017

#4 on the Top 100 Startups In The Arab World 2017

October, 2017: PayTabs recognized as #4 on the Top 100...
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#1 on the 50 Most Promising Saudi Startups 2016

#1 on the 50 Most Promising Saudi Startups 2016

April, 2016: PayTabs recognized as #1 on the 50 Most...
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Forbes Middle East - Top Fintech Companies 2023

Top 100 entrepreneurs shaping Saudi Arabia’s future 2015

December, 2015: Abdulaziz Al Jouf recognized among the top 100...
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Payment Solution of the Year

Payment Solution of the Year 2015

June, 2015: Enterprise Agility Achiever, in the category of Payment...
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