PayTabs Global, a leading payment solutions provider in the Middle East and North Africa, has announced the acquisition of a majority stake in PayTabs Egypt.
This move aligns with the group’s strategy to strengthen its leadership in the Egyptian market and support digital transformation and financial inclusion in the region.
Founded in 2014 by Saudi entrepreneur Abdulaziz Al Jouf, PayTabs has established dedicated offices in Saudi Arabia and the UAE, with a presence in other countries including Jordan and Egypt.
This strategic acquisition marks a pivotal achievement for PayTabs as it continues to reinforce its leadership in the digital payments market in Egypt.
With full ownership, PayTabs is now better positioned to offer tailored solutions that meet the needs of Egyptian merchants, enhance financial inclusion, and expand its regional footprint.
Abdulaziz Al Jouf, CEO and Founder of PayTabs Group, stated: “We are excited to take this next step in strengthening our presence in Egypt.
PayTabs is a payment infrastructure company offering unique, simple, secure, and scalable solutions to drive local commerce and promote financial inclusion across the region.
