PayTabs Egypt: In Conversation with GM Hany Soliman

By Erika Masako Welch,30 January 2022
PayTabs Egypt Case Study
PayTabs Egypt Case Study

PayTabs, an online payment solutions provider, was established  in Saudi Arabia in 2014, with the vision of evolving into the leading digital payments solutions player in MENA. PayTabs, to date, has raised US$25.3 million, the 8th largest amount by a Fintech in Saudi Arabia, US$20 million based on publicly disclosed information. Much of their  funding was raised early, so PayTabs could forge ahead with its expansion plans across the region. By the end of its first year of operation, PayTabs was established not only in Saudi Arabia but also expanded to include offices in Bahrain, United Arab Emirates, and India, and continued its expansion across the GCC. In 2017, key discussions on the possibility of entering the Egyptian market were held at PayTabs’ headquarters. Egypt was undoubtedly a game-changing market for PayTabs

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