Radar Companies Payments · Egypt
Radar · Payments in Egypt

Best Payments Companies in Egypt

The 54 best Payments companies in Egypt in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Paymob.

54companies tracked
$294.6Mdisclosed funding
1unicorns
6have raised
Sources & further reading
  • ResearchAndMarkets.com
FLIAR INTELLIGENCE · PAYMENTS × EGYPT

Our analysis of 150 Payments companies

$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.

150companies analysed
96%cloud-native stacks
2021funding peak (by rounds)
33unicorns
2018median founding year
982kcombined LinkedIn audience
55%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best Payments companies in Egypt

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityRecent signals
12DFA3
Online e-wallet provider
Rafik Tewfik
CEO
2AxisPay
Payment processing solution for businesses
123Jacques Marco
Founder & CEO
Node.jsZohoRadix UI+17Top 5M1 internship · 1 partnership · 1 award
3Banki
Global P2P money transfer platform.
Hadeel Sayed Ahmad
ex-Co-Founder
4Belbaqy
App-based wallet for multiple payments
Osama El Shafei
Founder & Managing Director
5Cashless Plus
Payment processing solutions for businesses
Hesham El Sayed Ahmed
Founder
6Chqmate
Platform providing payment splitting solutions
khaled badr
Founder
7CirclePay
AI-backed payment gateway management solutions for businesses
Nabil Khalifa
CEO
8CIT VERiCASH
Mobile payment technology platform enabler.
200Ashraf Zaki
CEO & Chairman
Webflowanime.jsparticles.js+20Top 5M

Top 12 Payments companies in Egypt

#1
Series A · Cairo, Cairo Governorate · founded 2019 · 324 employees
$47Mraised

Digital wallet platform for individuals. It provides point of sale financing options that enable consumers to purchase products and pay in periodic installments. It provides services such as cash withdrawal, money transfers, bill payments, and more. It also enables users to access banking services via mobile phones.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 131k LinkedIn followers — 13.4% of this cohort's audience · 123 engagements/post (6.3× cohort median)
Founders & team
Fatma ShenawyCo-FounderOmar SalehCo-Founder & CEOAhmed WagueehCo-Founder
Investors
Algebra Ventures, Accion, DisrupTech, Lendable, Quona, Speedinvest
Tech stack
GodaddyGoogle WorkspaceHstsJssMuiPwa
#2
Series B · Cairo, Cairo Governorate · founded 2014 · 1400 employees
$90.6Mraised

Payment processing solutions for businesses. It features a solution for an online payment gateway to accept and send payments for online business, a POS payment terminal for in-store payments, payment links that allow businesses to share the payment links via WhatsApp, social media messengers, or any other digital channel, payouts to manage and distribute mass payouts to suppliers and employees, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 184k LinkedIn followers — 18.7% of this cohort's audience
Founders & team
Islam ShawkyCo-Founder & CEOAlain HajjCo-Founder & COO
Investors
Global Ventures, A15, FMO, PayPal, Kora, Clay Point Investors
Tech stack
Amazon CloudfrontAmazon ElbAmazon S3Amazon Web ServicesAmplitudeAos
#3
Series A · Cairo, Cairo Governorate · founded 2014 · 86 employees
$37Mraised

Provider of a digital platform for managing and disbursing employee salaries. The platform facilitates employee registration and salary payments. It offers features such as reporting, branch management, and compliance tools. The platform aims to streamline the salary disbursement process for businesses.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 53k LinkedIn followers — 5.4% of this cohort's audience
Activity: 1 partnerships · 1 expansions (incl. dopay) announced in 12 mo
Funding rounds
  • Jul 2024Series A$13.5M
  • Sep 2021Series A$18M
  • Mar 2019Seed$1.1M
  • Jan 2016Seed$2.4M
Founders & team
Frans van EerselFounder & CEO
Investors
Techstars, Force Over Mass, Tekton Ventures, ACE Ventures, ACE & Company, FMO
Tech stack
AmplitudeApple Icloud MailCloudflareCloudflare Bot ManagementCore-JsEmotion
#4
Seed · Cairo, Cairo Governorate · founded 2023
$2Mraised

Fintech company providing a cash flow management and financing platform for businesses. The company's solution allows businesses to manage the cash flow and also provides accounts payable and receivable, treasury management, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Sep 2024Seed$2M
Founders & team
Mostafa MobarakCo-Founder
Investors
Shorooq Partners, ElSewedy Capital, Acasia Ventures, Plus VC
#5
Seed · Cairo, Cairo Governorate · founded 2023
$8Mraised

Provider of white-label credit card solutions for businesses. It provides credit limits, white labeled app for onboarding and product discovery, SaaS control panel, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers
Activity: 1 partnerships (incl. Visa) announced in 12 mo
Funding rounds
  • Jun 2024Seed$8M
Founders & team
Ayman EssawyCo-Founder & CEO
Investors
DisrupTech, Algebra Ventures, Lorax Capital Partners, Masria Digital Payments, One Stop
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCloudflareCloudflare Bot ManagementGoogle Analytics
#6
Seed · Cairo, Cairo Governorate · founded 2022 · 1 employees
$4Mraised

Provider of businesses with corporate cards and financial management tools. The platform provides customized corporate card purchases, expense tracking, transfers, security features, invoice management, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers
Founders & team
Tarek MokhtarCo-Founder & CPOAhmad MokhtarCo-Founder & CEO
Investors
Accel, Foundation Ventures, The Raba Partnership
Tech stack
Amazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCloudflare Zaraz
#7
Fawry 🦄
Public · Cairo, Cairo Governorate · founded 2008 · 201 employees
$46Mraised

App-based platform to consumers for bill payments. It offers services such as utility bills, travel reservations, mobile recharges, financial payments, subscription bills, and more. It facilitates payments via credit or debit cards. Application is made available on iOS, and Android devices.

Founders & team
Ashraf SabryCEO
Investors
EAEF, ADQ, IFC, Lorax Capital Partners, Vive
Tech stack
AdrollAdroll Cmp SystemAhrefsCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#8
Seed · Masr Al Jadidah, Cairo Governorate · founded 2019 · 84 employees
$25Mraised

App-based wallet for consumer payments. It offers services such as money transfers, bill payments, merchant payments, and more. It features biometric-based authentication, insights on expenses, and more. Application is made available for Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 66k LinkedIn followers — 6.7% of this cohort's audience · 108 engagements/post (5.5× cohort median)
Activity: 1 product launches · 2 partnerships (incl. Mastercard) announced in 12 mo
Founders & team
Youssef SholqamyCo-Founder
Investors
Global Founders Capital, Sequoia Capital, Block, Class 5, Byld Ventures
Tech stack
AdjustAnt DesignCore-JsFacebook PixelGodaddyGoogle Analytics
#9
Seed · Maadi, Cairo Governorate · founded 2021 · 39 employees
$6Mraised

Developer of a financial payment application designed to make payments digitally. The company's application helps to pay into vendors' accounts by scanning a QR code, enabling users to pay phone, electricity, and internet bills with ease.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 18k LinkedIn followers
Funding rounds
  • Jul 2023Seed$6M
Founders & team
Sherine KabeshCo-FounderSamir ElsharkawyCo-FounderErik GordonCo-Founder & CEO
Investors
Addition, Flourish, Globivest
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#10
Seed · Cairo, Cairo Governorate · founded 2022 · 2 employees
$1.5Mraised

Developer of a electronic payment platform designed to serve children aged above five years. The company's platform utilizes a bank card system to offer electronic payment services for children, enabling children to get a tailored digital payment assistance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 partnerships · 1 awards (incl. eNovate Egypt) announced in 12 mo
Founders & team
Mostafa Abd ElkhabirCo-Founder & CEOSayed HosnyCo-Founder & Managing Director
#11
Series B · Giza, Giza Governorate · founded 2017 · 253 employees
$19.9Mraised

Provider of financial services including lending, investment, money transfer, and shopping. The company facilitates personal and business loans with flexible repayment options. It offers investment opportunities in gold and savings accounts. The platform enables users to transfer funds and pay bills. Additionally, it provides an e-commerce store featuring appliances, electronics, and groceries.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 224k LinkedIn followers — 22.8% of this cohort's audience
Activity: 4 partnerships (incl. Azimut investments-Egypt) announced in 12 mo
Founders & team
Ahmed MohsenCto/Co-FounderMounir NakhlaCo-Founder & CEO
Investors
Algebra Ventures, DisrupTech, Middle East Venture Partners
Tech stack
AdjustAmazon CloudfrontAmazon Web ServicesAosBootstrapCart Functionality
#12
Series B · Giza, Giza Governorate · founded 2009 · 229 employees
$7.3Mraised

Provider of electronic payment services intended to serve unbanked and underbanked consumers. The company, through its platform, offers payment and billing services for insurance, donations, education fees, electronic shopping and entertainment, public utilities as well as telecom and governmental services to Egyptian mobile and landline operators as well as internet service providers, thereby providing consumers with an around-the-clock method of payment.

Founders & team
Mohamed NagyCEO
Investors
Ebtikar Information Technology, Vodafone Egypt
Tech stack
BootstrapCloudflareCore-JsFacebook PixelGoogle AnalyticsGoogle Maps

Funding & investor landscape

$294.6Mtotal disclosed funding
13companies funded
9disclosed rounds
0rounds last 90 days
Most active investors
EBRD4 rounds
Africa Fintech Collective3 rounds
Algebra Ventures3 rounds
DisrupTech3 rounds
500 Global2 rounds
A152 rounds
British International Investment2 rounds
Everywhere2 rounds
FMO2 rounds
Flat6Labs2 rounds

Notable founders

Fatma Shenawy
Co-Founder · Khazna
Omar Saleh
Co-Founder & CEO · Khazna
Islam Shawky
Co-Founder & CEO · Paymob
Alain Hajj
Co-Founder & COO · Paymob
Frans van Eersel
Founder & CEO · Dopay
Mostafa Mobarak
Co-Founder · SETTLE
Ayman Essawy
Co-Founder & CEO · Connect Money
Tarek Mokhtar
Co-Founder & CPO · Swypex
Ahmad Mokhtar
Co-Founder & CEO · Swypex
Ashraf Sabry
CEO · Fawry
Youssef Sholqamy
Co-Founder · telda
Sherine Kabesh
Co-Founder · Flash
Prism market signals · Egypt · country-scoped Prism corpus, 440,193 docs

Market landscape — 10 sub-themes by coverage

Share of Payments coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Egypt

How research on Digital Payments is moving in Egypt

A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 47 Egypt-affiliated papers.

top research entities
  • Al-Azhar University6
  • Cairo University5
  • Benha University4
  • Arab Academy for Science, Technology, and Maritime Transport4
  • Sadat Academy for Management Sciences4
leading researchers
Mahmoud M. Badr · Wesam Al Amiri · Mostafa M. Fouda · Mohamed Mahmoud · Abdulah Jeza Aljohani · Amira Fouad Ahmed Mahran · Hala M. Labib Enaba · Abdelkader M. A. Mobarak
Breakthroughs15 · 32%
▲ 0%→11% share
3 median citations40% since 2021mostly methods-led
Breakthroughs are rising (0%→11% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security8
  • Mobile payment5
  • Reputation3
  • Single point of failure3
  • Reservation3
Landmark Smart Parking System With Privacy Preservation and Reputation Management Using Blockchain · 83 cites
Advancements15 · 32%
▲ 0%→33% share
1 median citations73% since 2021mostly methods-led
Advancements are rising (0%→33% of field), led by Mobile payment.
rising sub-themes (early→recent)
  • Mobile payment3→7
Landmark Consumers’ acceptance intentions regarding e-payments: a focus on the extended unified theory of acceptance and use of t · 19 cites
Concerns9 · 19%
0%→0% share
1 median citations11% since 2021mostly empirical
Concerns are cooling (0%→0% of field), led by Mobile payment.
rising sub-themes (early→recent)
  • Mobile payment5
  • Empirical research5
  • Marketing3
  • Service (business)3
  • Service provider3
Landmark Mobile Payment Adoption: A Systematic Review of the UTAUT Model · 85 cites
RESEARCH HOTSPOTS · Egypt

Where digital payments is researched across Egypt

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Cairo12 · +0.35
Hot · Mobile paymentAdvancing · Computer securityOpportunity · Payment system
Giza10 · +0.28
Hot · Mobile paymentOpportunity · Endogeneity
Alexandria6 · +0.70
Hot · Computer securityAdvancing · Mobile payment

Common questions

How many Payments companies are there in Egypt?
Radar tracks 54 indexable Payments companies headquartered in Egypt that meet our profile-completeness bar.
What is the total funding raised by Payments companies in Egypt?
The Payments companies in Egypt on this list have raised a combined $294.6M in disclosed equity funding across 13 funded companies.
Which is the highest-funded Payments company in Egypt?
Paymob is the highest-funded Payments company in Egypt, with $90.6M in disclosed equity funding.
How many Payments companies in Egypt are funded?
13 of the 54 Payments companies in Egypt on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in Egypt?
1 Payments company in Egypt on this list is valued at $1B or more.
Who are the top investors in Egypt Payments companies?
The most active investors in Egypt Payments companies on this list include EBRD, Africa Fintech Collective, Algebra Ventures, DisrupTech, 500 Global.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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