Payments · Egypt, India

Best Payments Companies in Egypt

Updated 2026-07-19 · Ranked by funding & momentum

54 indexable Payments companies headquartered in Egypt, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $294.6M across 13 funded companies, including 1 unicorn.

54
Companies
$294.6M
Total Funding
13
Funded
1
Unicorns
0
Rounds (90d)

Ranked: Best Payments companies in Egypt

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Khazna
Digital wallet platform for individuals
$47M Series A Series A Feb 2025 324 2019 ↑ Active
2 Paymob
Payment processing solutions for businesses
$90.6M Series B Series B Sep 2024 1,400 2014 ↑ Active
3 Dopay
Provider of a digital platform for managing and disbursing employee salaries
$37M Series A Series A Jul 2024 86 2014
4 SETTLE
Fintech company providing a cash flow management and financing platform for businesses
$2M Seed Seed Sep 2024 2023 ↑ Active
5 Connect Money
Provider of white-label credit card solutions for businesses
$8M Seed Seed Jun 2024 2023
6 Swypex
Provider of businesses with corporate cards and financial management tools
$4M Seed Seed May 2024 1 2022
7 Fawry Unicorn
App-based platform for consumer bill payments
$46M $1.5B
as of 2021
Public Post IPO Apr 2022 201 2008
8 telda
App-based wallet for consumer payments
$25M Seed Seed Oct 2022 84 2019
9 Flash
QR-code enabled payment solution for businesses
$6M Seed Seed Jul 2023 39 2021
10 Masroofi
NFC-enabled prepaid card payment solution for children
$1.5M Seed Jul 2023 2 2022
11 Halan
Provider of financial services including lending, investment, money transfer, and shopping
$19.9M Series B Series B Jan 2020 253 2017
12 Masary
API-linked payment gateway
$7.3M Series B Jun 2018 229 2009
13 Vapulus
Mobile wallet application
$250K Seed Seed Sep 2017 30 2016
14 Al Ahly Momkn
Provider of financial platforms and payment solutions for businesses and consumers
Seed Seed May 2024 21 2016
15 Zeal
Provider of digital payments and loyalty solutions
Series A Series A Jan 2024 2019
16 Kiwe
Digital wallet for consumer and business payments
Seed Seed Oct 2022 26 2018
17 Copal
Prepaid payment card solution for kids and parents
Seed Jun 2022 3 2022
18 Easykash
Online payment gateway for businesses to accept payment from customer
Seed May 2022 25 2016
19 PayMint
Payroll payment solution for businesses
Seed Seed Mar 2022 23 2018
20 Klickit
Payment management and digital collection platform for institutions
Seed Nov 2021 36 2017
21 Bee Smart Payment Solutions
Agent-based payment solutions
Acquired Aug 2021 139 2009
22 Edupay
App-based platform for education payments
Deadpooled Jun 2021 8 2019
23 CreditGO
POS mobile application with wallet for businesses
Seed Nov 2020 11 2020
24 Kashier
Provider of online payment solution for businesses
Seed Seed Sep 2020 146 2017
25 2DFA3
Online e-wallet provider
Deadpooled 2016
26 AxisPay
Payment processing solution for businesses
Funding Raised 123 2021
27 Banki
Global P2P money transfer platform.
Deadpooled 2016
28 Belbaqy
App-based wallet for multiple payments
Unfunded 2021
29 Cashless Plus
Payment processing solutions for businesses
Unfunded 2018
30 Chqmate
Platform providing payment splitting solutions
Funding Raised 2018
31 CirclePay
AI-backed payment gateway management solutions for businesses
Unfunded 2021
32 CIT VERiCASH
Mobile payment technology platform enabler.
Funding Raised 200 2000
33 Cowpay
Payment gateway solutions for businesses
Unfunded 2019
34 DCBEgypt
Direct carrier billing service provider
Acquired 2014
35 EasyCash
Online wallet platform for individuals
Unfunded 70 2019
36 eddyPay
Mobile app-based payments
Deadpooled 2018
37 Emerging Markets Payments
Middle East and Africa based payment processor
Acquired 5,001 2012
38 Express
POS and mobile payment solutions for businesses
Deadpooled 2021
39 Fawaterk
Cloud-based end-to-end business management tools for e-tailers
Funding Raised 16 2018
40 MDP
Provider of cloud-enabled end-to-end payment processing solutions for banks and financial institutions
Funding Raised 1985
41 myFawry
Wallet-enabled money transfer and bill payment solutions for consumers
Unfunded 2009
42 Ocra Wallet
Wallet for consumer payments
Funding Raised 2019
43 Octo
Online finance management platform for freelancers
Funding Raised 38 2021
44 PayLi
Provider of online payment solutions for businesses
Unfunded 2024
45 PayME Store
Payment links provider
Unfunded 2017
46 PaySky
Payment gateway and mPOS solutions
Funding Raised 148 2016
47 Premium Card
Interest free credit card.
Unfunded 2002
48 Simple Touch
Restaurant and retail PoS suite
Unfunded 2000
49 Souhoola
Provider of app-based consumer finance platform for merchant payment management
Acquired 2019
50 Spare
QR code based money transfer service
Funding Raised 12 2016

Top 12 Payments companies in Egypt

#1
Khazna Series A
$47M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2019
Employees
324
Funding raised
$47M
Stage
Series A

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.

Tech stack
godaddygoogle workspacehstsjssmuipwa+2
#2
Paymob Series B
$90.6M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2014
Employees
1,400
Funding raised
$90.6M
Stage
Series B

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.

Tech stack
amazon cloudfrontamazon elbamazon s3amazon web servicesamplitudeaos+14
#3
Dopay Series A
$37M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2014
Employees
86
Funding raised
$37M
Stage
Series A

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.

Funding rounds (6 disclosed of 6)
Round Date Amount
Series A Jul 2024 $13.5M
Series A Sep 2021 $18M
Seed Mar 2019 $1.1M
Seed Jan 2016 $2.4M
Seed Apr 2015 $2M
Seed Sep 2014 $20K
Tech stack
amplitudeapple icloud mailcloudflarecloudflare bot managementcore-jsemotion+14
#4
SETTLE Seed
$2M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2023
Funding raised
$2M
Stage
Seed

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Sep 2024 $2M
Founders & key people
#5
$8M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2023
Funding raised
$8M
Stage
Seed

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jun 2024 $8M
Founders & key people
Tech stack
amazon cloudfrontamazon s3amazon web servicescloudflarecloudflare bot managementgoogle analytics+14
#6
Swypex Seed
$4M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2022
Employees
1
Funding raised
$4M
Stage
Seed

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.

Tech stack
amazon sesamazon web servicescloudflarecloudflare bot managementcloudflare browser insightscloudflare zaraz+14
#7
Fawry Unicorn Public
$46M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2008
Employees
201
Funding raised
$46M
Valuation
$1.5B · 2021
Stage
Public

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 & key people
Tech stack
adrolladroll cmp systemahrefscloudflarecloudflare bot managementcloudflare browser insights+14
#8
telda Seed
$25M Raised
expand_more
location_onMasr Al Jadidah, Cairo Governorate
Founded
2019
Employees
84
Funding raised
$25M
Stage
Seed

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.

Tech stack
adjustant designcore-jsfacebook pixelgodaddygoogle analytics+14
#9
Flash Seed
$6M Raised
expand_more
location_onMaadi, Cairo Governorate
Founded
2021
Employees
39
Funding raised
$6M
Stage
Seed

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jul 2023 $6M
Tech stack
apple icloud mailcloudflarecloudflare bot managementgoogle analyticsgoogle font apigoogle hosted libraries+14
#10
Masroofi Seed
$1.5M Raised
expand_more
location_onCairo, Cairo Governorate
Founded
2022
Employees
2
Funding raised
$1.5M
Stage
Seed

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.

#11
Halan Series B
$19.9M Raised
expand_more
location_onGiza, Giza Governorate
Founded
2017
Employees
253
Funding raised
$19.9M
Stage
Series B

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.

Tech stack
adjustamazon cloudfrontamazon web servicesaosbootstrapcart functionality+14
#12
Masary Series B
$7.3M Raised
expand_more
location_onGiza, Giza Governorate
Founded
2009
Employees
229
Funding raised
$7.3M
Stage
Series B

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 wit

Founders & key people
Tech stack
bootstrapcloudflarecore-jsfacebook pixelgoogle analyticsgoogle maps+8

Recent signals in Egypt Payments

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Funding & investor landscape

Total raised
$294.6M
across these companies
Companies funded
13
with disclosed funding
Highest-funded
$90.6M raised

Most active investors

EBRD EBRD 4 investments in Payments Africa Fintech Collective Africa Fintech Collective 3 investments in Payments Algebra Ventures Algebra Ventures 3 investments in Payments DisrupTech DisrupTech 3 investments in Payments 500 Global 500 Global 2 investments in Payments A15 A15 2 investments in Payments British International Investment British International Investment 2 investments in Payments Everywhere Everywhere 2 investments in Payments FMO FMO 2 investments in Payments Flat6Labs Flat6Labs 2 investments in Payments Helios Helios 2 investments in Payments Lorax Capital Partners Lorax Capital Partners 2 investments in Payments

Notable founders in Egypt Payments

FS Fatma Shenawy Co-Founder Khazna · $47M raised
OS Omar Saleh Co-Founder & CEO Khazna · $47M raised
AW Ahmed Wagueeh Co-Founder Khazna · $47M raised
OS Omar Salah Co-Founder Khazna · $47M raised
IS Islam Shawky Co-Founder & CEO Paymob · $90.6M raised
AH Alain Hajj Co-Founder & COO Paymob · $90.6M raised
Frans van Eersel Frans van Eersel Founder & CEO Dopay · $37M raised
MM Mostafa Mobarak Co-Founder SETTLE · $2M raised
Ayman Essawy Ayman Essawy Co-Founder & CEO Connect Money · $8M raised
TM Tarek Mokhtar Co-Founder & CPO Swypex · $4M raised
AM Ahmad Mokhtar Co-Founder & CEO Swypex · $4M raised
AS Ashraf Sabry CEO Fawry · $46M raised

Frequently asked 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.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-07-19.

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