In 2021 so far, PayTabs Egypt is achieving double digit monthly growth across the key metrics: 47% average month-on-month (M-o-M) growth in transaction value, 30% average
M-o-M growth in the volume of transactions, and 19% average growth in the number of merchant acquisitions.
The Year-on-Year (Y-o-Y) growth is exponential: with transaction values having increased nearly 700% from the same period last year. Time will tell who takes the lion’s share of the payment solutions market, as more entrants are hungrier than ever to enter Egypt, a country poised for growth – but it seems likely that PayTabs Egypt will be capturing a larger piece of the pie, for now.
Shaping The Future of Fintech
In this report, we take a look at the attractiveness of each of the 19 MENA countries in terms of fintech and identify the top 5 hot spots for fintech activity in the region today.