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Dubai, UAE - Mamo, the UAE-born fintech building the future of business finance, today announced that it has crossed AED 1.2 billion in total payment transaction volume. The milestone marks a major step forward in the company’s mission to simplify financial op
With new fintech solutions in UAE send, receive, and request money through phone contacts
On today’s episode of Dubai Works we’re joined by Asim Janjua, the founder at Mamo. A UAE-based Fintech start-up that is set to change the future of payments and finance in The Middle East. By giving its users effortless access to their money, through an appli
The UAE-based fintech startup Mamo has raised $3.4 million, bringing its total funding to date to $13 million, according to a statement released Thursday.
Imad Gharazeddine is the CEO, and a co-founder, of Mamo. The Dubai-based startup is behind Mamo Pay, a business finance platform that integrates everything from expenses to payroll for SMEs. “In the last 12 months, we have grown 500%,” he says.
Mamo, a peer-to-peer payment app, aims to expand to Saudi Arabia by 2023 and has set sights on Pakistan and Turkey
Dubai-based Mamo, a peer-to-peer payment app, simplifies fund transfers by making payments instant. The startup also offers a similar service for businesses, allowing them to send their customers payment links on demand.
The newly raised capital will be allocated to expand Mamo's product offering within the UAE and support testing its product lines in Saudi Arabia.
