4 Oct 2026
Egypt's central bank issues updated customer due-diligence guidelines for banks, folding in eKYC
The Central Bank of Egypt issued updated customer due-diligence and anti-money-laundering guidelines binding on banks and their foreign…
Paymob is a payments technology company that began in Egypt and serves merchants in the Middle East and Africa. Its own about page says it was established in 2015. In September 2026 it raised a 35 million dollar pre-Series C round that included Mubadala, according to our report.
Paymob supplies the tools a business needs to accept and send money. Its website lists online payments through a checkout and gateway, an in-store point of sale solution, payment links that can be shared over messaging apps, subscriptions for recurring billing, installments, and a marketplace product that splits payments between sellers. A payouts product handles mass payments to suppliers and employees. Paymob Sync is described as an end to end cashless setup including hardware. The site also lists integrated fraud detection, real time dashboards, application programming interfaces and PCI security certification.
The website addresses businesses of different sizes, from online sellers to larger companies and financial institutions. Its about page says the company has worked with banks, telecom operators and card schemes, and that it supports the Central Bank of Egypt's push for digital financial inclusion. The page's founding team section names Islam Shawky as chief executive and Alain El-Hajj as chief operating officer.
The about page carries older volume and user figures, so they are not repeated here.
Profile written by TrustList from the business's own published information, Oct 2026.
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Updated 10/14/2026
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