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Egypt – Mobile Wallet Transactions

Fintech startup Paymob has secured 85% market share of mobile wallet transactions in its home market. Founded in 2015Paymob is an infrastructure technology enabler providing payment solutions to empower digital financial service providers through mobile wallet technology. It is now planning to expand into other markets, including Kenya, Pakistan and Palestine, and raised US$3.5 million to grow its merchant network and accelerate regional expansion.

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Alastair Tempest

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