Newsroom
A glimpse into our corporate profile, news stories and media partners
المجموعة المالية هيرميس فاينانس توقع اتفاقية شراكة استراتيجية مع يونيفرسال جروب لتطوير منصة متكاملة للتسوق الإلكتروني
المجموعة المالية هيرميس فاينانس توقع اتفاقية شراكة استراتيجية مع يونيفرسال جروب لتطوير منصة متكاملة للتسوق الإلكتروني المجموعة المالية هيرميس تستعين بالأنشطة المتنوعة تحت مظلة قطاع التمويل غير المصرفي لاستحداث وتقديم حلول شاملة وخاصة في مجال تجارة التجزئة لدعم يونيفرسال جروب في تسويق وبيع منتجاتها بشكل مباشر للمستهلكين 17 مارس 2021 أعلنت اليوم […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
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. […]
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 […]
Payment Gateway UAE | Payfort | Paytabs | Telr
What is a payment gateway? A payment gateway is a portal that is integrated into an eCommerce website to facilitate the transfer of payment securely from buyer to seller (who in this case is the eCommerce website). These are either provided by banks or third-party companies. The whole process involves several levels of security to […]
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. Click here to read more
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 […]
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 […]
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 […]
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. Click here to read more
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 […]
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. Click here to read more
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”. […]
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 […]
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 […]
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 […]
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. Click here to read full story
Introducing a snappier way to pay!
Saudi Digital Payments Company (STC Pay) signed an agreement with Paytabs to offer digital payment solutions. Source
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 […]
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. Read full story
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 […]
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 […]
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 […]
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 […]
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 Read full story
PayTabs – “A local Startup, Now Global”
Author: Aneesh Mathew Paytabs in partnership with Flat6Labs hosts a live demonstration of “local startup, now global” Read full story
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 […]
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. Read full story
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 […]
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 […]
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 […]
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 […]
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 […]
‘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 […]
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 […]
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 […]
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 […]
Interview with Entrepreneur Middle East
PayTabs CEO Abdulaziz Al Jouf was interviewed by Entrepreneur Middle East during StartUp Bahrain week back in March. Click here to read more
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
‘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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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


WIRED MAGAZINE
January 2021 Issue – Article on Page 121

ARRAJOL
Mar 2020

SMART SMB MAGAZINE
Turn to page 22 for the PayTabs feature

THE BUSINESS YEAR MAGAZINE
Turn to page 58 for the PayTabs story

ARABIAN BUSINESS – Issue #23
June 10 – 16, 2018

ROWAD – Issue #17
Oct – Dec 2016

FORBES MIDDLE EAST
September – 2015

FORBES MIDDLE EAST – Issue #48
March 2015

FORBES MIDDLE EAST
Dec 2014
Podcasts
DECEMBER 2019
PayTabs – Simplifying the consumers life
APRIL 2015
An idea on a Napkin
Webinars
July 2019
Business Manager Dashboard Training – WATCH WEBINAR
November 2019
PayTabs Paypage Training – WATCH WEBINAR
December 2019
Merchant Application Form – WATCH WEBINAR