Mamo Pay
Full-stack payment services platform for SMEs. First local UAE startup regulated by the Dubai Financial Services Authority ("DFSA"). Mamo’s ambition is to accelerate the MENA region towards digital payments and champion financial inclusion and literacy across economically diverse communities.
Total Fundraised$12.9M
2019
Dubai, United Arab Emirates
11 - 50
Seed
https://www.mamopay.com/Mamo Pay's Stages
Pre-Seed
Others
Seed
Funding Types by Funds Raised (in USD)
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Cumulative Funding Raised Over Time
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Mamo Pay's Investors by Funding Rounds
| Funding Round | Announced Date | Disclosed Investors | Round Amount (USD) |
|---|---|---|---|
Pre-Seed | 07 Apr 2020 | VentureSouq Global Ventures 500 Global Dubai Angel Investors AlRajhi Partners Global Founders Capital MSA Novo Olive Tree Capital | 1.5M 8 Investors |
Others | 17 Jun 2021 | Global Ventures B&Y Venture Partners Firestartr Global Founders Capital KSK Angel Fund Olive Tree Capital Tekton Ventures 4DX Ventures AlRajhi Partners Dubai Future District Fund | 8M 10 Investors |
Seed | 25 Jul 2024 | 3.4M 3 Investors |
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