Paymob, a fintech platform secures $50 Million Series B Funding led by PayPal

Paymob, a fintech platform secures $50 Million Series B Funding led by PayPal

Egyptian fintech Paymob has reported that it has brought $50 million up in Series B financing. Tround was driven by PayPal Ventures, the worldwide corporate endeavor arm of PayPal, alongside New-York-based investment Kora Capital, and London-based Clay Point. New financial backers included Helios Digital Ventures, British International Investment (previously the CDC Group) and Nclude, the…