Egypt and global economy brief
Paymob raises $35 million in pre-Series C funding
✦Key takeaways
- Egyptian payments infrastructure provider Paymob raised $35 million in a pre-Series C round co-led by Mubadala and the European Bank for Reconstruction and Development.
- The round brings total funding to approximately $125 million.
- Proceeds will support expansion across the Middle East and North Africa.
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