Can PayPal’s $100mn Middle East and Africa Push Challenge Local Fintechs, Mobile Money Leaders?
12 Articles
12 Articles
PayPal Unveils USD 100 M Fund To Back African & Middle East Startups
PayPal has announced a USD 100 M fund to back startups across Africa and the Middle East, marking one of the global payments giant’s most significant pushes into the region. The funds will be deployed through PayPal Ventures, the company’s corporate venture capital arm, via minority equity stakes, potential acquisitions, and follow-on funding. The initiative builds on PayPal’s existing bets in African fintech, including stakes in South Africa’s …
PayPal commits $100M to MENA and Africa expansion
PayPal, a global payments company, is committing $100 million to expand its operations across the Middle East and Africa (MENA), channeling funds through PayPal Ventures, its venture arm, including minority investments, potential acquisitions, and local hiring. This move comes at a sensitive time. In August 2025, German banks abruptly blocked over €10 billion in PayPal-related payments amid security concerns, citing a failure in its fraud system…
PayPal to Invest $100M in Middle East and Africa - Fintechnews Middle East
PayPal has announced plans to invest US$100 million across the Middle East and Africa to support entrepreneurs, foster innovation, and contribute to economic growth in the region’s digital commerce sector. The funds will be directed through a combination of minority investments, acquisitions, PayPal Ventures initiatives, staffing, and technology deployments. According to the company, the aim is to help local businesses expand, create opportuniti…
PayPal to Invest $100 Million in Middle East and Africa to Boost Digital Commerce
PayPal Holdings has announced a $100 million investment aimed at fueling innovation, supporting entrepreneurs, and driving inclusive economic growth across the Middle East and Africa (MEA), one of the world’s fastest-growing digital commerce regions. The commitment will be deployed through a combination of minority investments, acquisitions, PayPal Ventures funding, as well as talent and technology … The post PayPal to Invest $100 Million in Mid…
PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions. This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help lo…
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