# Pemo: Financial services, Dubai, United Arab Emirates

> Pemo: Pemo Payments Service Provider L.L.C. Based in Dubai, United Arab Emirates. Founded 2022. What Millionrounds holds on them, and what we have not seen.

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

United Arab Emirates · [Financial services startup](https://millionrounds.com/companies)

# Pemo

Pemo Payments Service Provider L.L.C.

Email

Funding reported Last round: Seed

Financial services Dubai, United Arab Emirates

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Company summary

- **Founded:** 2022 4 years old
- **Team:** 70 51 to 200 people
- **Funding reported:** 12M as listed, currency not stated
- **Last round:** Seed May 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Pemo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Pemo

Pemo Payments Service Provider L.L.C.

is a fintech startup based in Dubai, UAE, founded in 2022. The company, led by CEO Ayham Gorani, focuses on empowering small and medium-sized enterprises (SMEs) in the Middle East, North Africa, and Pakistan (MENAP) region with its all-in-one spend management platform. Pemo aims to streamline financial processes, enabling businesses to make quicker and more transparent purchasing decisions. Pemo offers a range of services, including smart corporate cards that automate expense management, an integrated platform for expense tracking and invoice payments, and AI-powered accounting automation. The platform provides real-time visibility into company finances, helping SMEs save time and money while improving efficiency. Recently, Pemo expanded its operations into Saudi Arabia, further enhancing its reach in the MENAP region. With significant backing from top investors, Pemo is positioned for continued growth in the fintech sector.

## What company datasets say Pemo raised

Funding, as reported

Reported in all **12M** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **7M**

Last round date **May 2022**

Investors listed **10**

## On 3 portfolio pages

Investors who name them

- [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners)
- [B&Y Venture Partners](https://millionrounds.com/fund/b-and-y-venture-partners)
- [Kaya Founders](https://millionrounds.com/fund/kaya-founders)

Each firm lists Pemo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

expense categorization high-volume transaction processing security automated approval workflows real-time tracking consumers payment security reserve payment tokenization computer & network security transaction monitoring payment automation payment data encryption merchant services fintech solutions receipt matching

Built with from their website

Google Tag Manager Amazon CloudFront OneTrust Tech Risk & Compliance HREF Lang Atlassian Google Cloud Google Ads Font Awesome Google Workspace CloudFlare

+8 more

Gem Viewport Meta LinkedIn Ads Snyk Code Vitally Lovable Copilot Google Play

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 513210, SIC 7375, 7374, 7372
- **Region:** Dubai
- **Revenue:** 716k a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/pemo)

## Financial services in United Arab Emirates

Startups like it

- [**Flow48** Dubai · founded 2022 *Raised*](https://millionrounds.com/company/flow48)
- [**Huspy** Dubai · founded 2020 *Raised*](https://millionrounds.com/company/huspy)
- [**CredibleX** Abu Dhabi · founded 2023 *Raised*](https://millionrounds.com/company/crediblex)
- [**Alaan** Dubai · founded 2021 *Raised*](https://millionrounds.com/company/alaan)
- [**Zest Equity** Dubai · founded 2021 *Raised*](https://millionrounds.com/company/zest-equity)
- [**Sav** Dubai · founded 2022 *Raised*](https://millionrounds.com/company/sav)
- [**EcoWatt** Dubai · founded 2018](https://millionrounds.com/startup/ecowatt)
- [**Orfinex** Dubai · founded 2015](https://millionrounds.com/startup/orfinex)

## Is this your company?

Add your raise, your deck and your story, and put Pemo in front of investors. Or tell us what we have wrong.

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