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Mamo Pay

14 employees

Full-stack payment services platform for SMEs. First local UAE startup regulated by the Dubai Financial Services Authority ("DFSA")

Basic info

Industry

financial services

Sectors

trading
Financial Services
wallet
payments
invest
Payments
p2p
money
Peer to Peer
transfers
FinTech
Mobile Payments

Date founded

2019

Funding rounds raised

Total raised

$8M

from 14 investors over 14 rounds

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Mamo Pay raised $8M on June 17, 2021

Investors: Global Ventures, 4DX Ventures, Olive Tree Capital, Tekton Ventures, Global Founders Capital and AlRajhi Partners

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Mamo Pay raised $1.5M on April 7, 2020

Investors: MSA Novo, Dubai Angel Investors - DAI, 500 Startups, Global Ventures, Global Founders Capital, VentureSouq, Olive Tree Capital and AlRajhi Partners

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