# Paymob funding: rounds and investors

> Paymob has raised $57M across 2 rounds since 2024. Investors include Mubadala, European Bank for Reconstruction and Development and EBRD VC.

Source: https://millionrounds.com/company/paymob (Millionrounds; every figure on the page links to its filing or article)

Egypt · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Paymob*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$57M** raised across 2 rounds since 2024, from 4 sources

**$22M** Series B **$35M** Series C

- **Latest round:** Series C, $35M Sept 2026
- **Led by:** Mubadala and European Bank for Reconstruction and Development
- **Step-up i:** 1.6×
- **Investors:** 7 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$22M** Series B

**$35M** Series C

- **First round:** Series B, $22M
- **Biggest round:** $35M
- **Between rounds:** 2 years

## The rounds

- **Sept 2026** Series C **$35M** *5 new* [Mubadala](https://millionrounds.com/fund/mubadala) Lead [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) Lead [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [GLOBAL VENTURES](https://millionrounds.com/fund/global-ventures-3) [DPI Ventures](https://millionrounds.com/fund/dpi-ventures) Reported by Wamda and 2 others
- **Sept 2024** Series B **$22M** *2 new* [EBRD VC](https://millionrounds.com/fund/ebrd-vc) Lead [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Reported by EBRD Venture Capital

## Founders and team

From Paymob's own website: 3 founders.

**Islam Shawky** Paymob Co-founder and Chief Executive Officer (CEO)

**Alain El-Hajj** Paymob Co-founder and Chief Operating Officer (COO)

**Mostafa Menessy** Paymob Co-founder and Chief Technology Officer (CTO)

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2024 **Series C** 2026 [Mubadala](https://millionrounds.com/fund/mubadala) L [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) L [EBRD VC](https://millionrounds.com/fund/ebrd-vc) L [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [British International Investment](https://millionrounds.com/fund/british-international-investment-bii) [GLOBAL VENTURES](https://millionrounds.com/fund/global-ventures-3) [DPI Ventures](https://millionrounds.com/fund/dpi-ventures)

## Everyone who backed them

[Mubadala](https://millionrounds.com/fund/mubadala) Private equity **1** round, led 1

[European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) Private equity **1** round, led 1

[EBRD VC](https://millionrounds.com/fund/ebrd-vc) Growth equity **1** round, led 1

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **1** round

[British International Investment](https://millionrounds.com/fund/british-international-investment-bii) Government **1** round

[GLOBAL VENTURES](https://millionrounds.com/fund/global-ventures-3) VC firm **1** round

[DPI Ventures](https://millionrounds.com/fund/dpi-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paymob).

## Also claim to have backed them

These 2 firms list Paymob as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[A15](https://millionrounds.com/fund/a15) VC firm Per its own site

[Helios Investment Partners](https://millionrounds.com/fund/helios-investment-partners) Private equity Per its own site

## Quick answers about Paymob

### Who invested in Paymob?

Paymob's investors include Mubadala, European Bank for Reconstruction and Development, EBRD VC, Endeavor Catalyst and British International Investment, and 2 more on record. Mubadala led its latest round.

### How much has Paymob raised?

Paymob has raised $57M across 2 rounds since 2024.

### When did Paymob last raise?

Paymob's most recent round was a Series C of $35M in Sept 2026, led by Mubadala.

### What was Paymob's biggest round?

Its most recent round, $35M in Sept 2026, is also its largest on record.

### Who backed Paymob first?

Paymob's first round on record, in Sept 2024, was backed by EBRD VC and Endeavor Catalyst.

### What stage is Paymob at?

Paymob's latest named round is a Series C, in Sept 2026.

### Where is Paymob based?

Paymob is based in Egypt.

### Who led Paymob's rounds?

EBRD VC led the Series B in 2024; Mubadala led the Series C in 2026.

## Companies like Paymob

In the same sector, and raised in the last eighteen months.

[**MNT-Halan** $425M · Oct 2026](https://millionrounds.com/company/mnt-halan)[**Fincart** $3.0M · Aug 2026](https://millionrounds.com/company/fincart)[**Blnk** $37M · Jun 2026](https://millionrounds.com/company/blnk)[**Lucky** $29M · Apr 2026](https://millionrounds.com/company/lucky)[**Breadfast** $60M · Feb 2026](https://millionrounds.com/company/breadfast)[**Flextock** $13M · Feb 2026](https://millionrounds.com/company/flextock)

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