SkipCash Raises $4 Million Series A to Expand Smart Payments Infrastructure Across the GCC
SkipCash, a Qatar-based digital payments platform, has closed a $4 million Series A funding round, as it accelerates the development of its smart payments infrastructure and advances its expansion across the Gulf region.
The round attracted participation from Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, Ula Capital, and Doha Tech Angels.
Strengthening Qatar’s Smart Payments Infrastructure
The new investment reinforces SkipCash’s position as one of the fastest-growing fintech companies in Qatar, reflecting strong investor confidence in its vision to modernize payment and shopping experiences across both physical and digital channels.
The company plans to deploy the capital to:
- Enhance its technology infrastructure
- Expand deployment of its mobile-based point-of-sale (Tap-to-Phone) solution
- Pursue geographic expansion into additional GCC markets
SkipCash is building an integrated payments ecosystem designed to reduce friction for merchants and consumers while supporting multiple commerce environments.
“We are proud to close this round, which represents a pivotal milestone in SkipCash’s journey,” said Mohammed Abdulaziz Al-Delaimi, Founder and CEO of SkipCash.
He added that the funding will support an ambitious roadmap focused on eliminating payment complexity and delivering seamless, high-quality experiences, in line with global standards.
