Riyadh – Sharikat Mubasher: PayTabs Group, the MENA region’s leading payment orchestration platform, announced acquiring a majority stake in PayTabs Egypt, reinforcing its commitment to advancing digital transformation and financial inclusion across the country.
With full ownership, PayTabs can now offer more tailored payment solutions to Egyptian merchants, support government initiatives, and further expand its regional presence, as per the company’s official press release.
Abdulaziz Al Jouf, CEO & Founder of PayTabs Group, said: “We are excited to take this next step in strengthening our presence in Egypt. This transition allows us to streamline our operations and further enhance the value we offer to local businesses, government initiatives, and consumers. We remain deeply committed to Egypt’s digital payments future, and our focus on innovation and customer-centricity will only grow stronger.”
This acquisition marks a new chapter after a successful partnership with EFG Holding, allowing PayTabs to sharpen its focus on innovation, expand its product offering, and help drive Egypt’s transition to a cashless economy.
The move aligns with PayTabs’ broader strategy to reinforce its leadership in Egypt and the region, while recent media speculation continues around a potential IPO for the group.
