Vodafone Qatar Acquires Maktapp to Expand SME Fintech Services

Saleh Al-Mansouri, MaktApp CEO & Co-Founder

Vodafone Qatar has announced the acquisition of Maktapp LLC through its subsidiary Infinity Fintech Ventures, marking a continued expansion beyond telecom into financial and operational services for businesses. Financial terms of the deal were not disclosed.

Founded in 2014, Maktapp provides a cloud-based platform designed to help SMEs manage payments, invoicing, and daily business operations. Its fintech arm, Fatora, focuses on simplifying payment collection and financial workflows for businesses across the region.

The acquisition aligns with Vodafone Qatar’s broader strategy to build an integrated digital ecosystem. By combining connectivity, fintech, and business software, the company is positioning itself as a more comprehensive service provider for SMEs. The move also reflects a broader regional trend, where telecom operators are expanding into financial infrastructure and enterprise solutions.

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