Egyptian financial technology company PayMint recently concluded its participation in the Money20/20 conference held in Riyadh, Saudi Arabia. The company was among 25 firms that qualified for the semi-finals of the MoneySurge pitch competition, out of 150 participating companies. PayMint showcased its digital payment and financial technology solutions to a wide range of investors, entrepreneurs, and experts attending the conference.

The selection of PayMint as one of the 25 companies to reach the semi-finals marks a significant milestone in the company's journey and reflects its growing presence in the financial technology and payments sector. This opportunity allowed PayMint to present its business model and vision to a group of investors and sector specialists.

According to Mohamed Wael Rabea, Co-Founder and CEO of PayMint, the company is proud to have participated in Money20/20 Middle East and reached the semi-finals of the MoneySurge competition. The company aims to enhance its regional presence in events and conferences to showcase its innovative financial technology solutions.

PayMint was founded in Egypt in 2019 with the goal of developing digital financial solutions for businesses and individuals, with a particular focus on small and medium-sized enterprises. The company's solutions include digital payments, payroll management, and dues settlement, as well as a range of financial services and benefits for company employees.

PayMint is working to build a comprehensive platform that helps businesses manage their financial needs through secure and user-friendly digital solutions. In 2022, the company announced the closure of a seven-figure financing round led by AUR Fintech Fund, aimed at supporting the company's expansion in the Egyptian market and developing its services for small and medium-sized enterprises.

The company has also launched a prepaid "Miza" card in collaboration with Abu Dhabi Islamic Bank - Egypt and MDP, a step that supported PayMint's expansion in providing digital payment solutions for businesses. This participation in Money20/20 Middle East 2026 is part of PayMint's strategy to enhance its regional presence and communicate with investors, companies, and institutions operating in the financial technology and payments sector.

By participating in prominent international conferences, PayMint aims to leverage specialized platforms to showcase its solutions and vision for the future of business payments. The company continues to work on developing innovative payment and financial solutions, enhancing its ability to help businesses manage their financial operations more efficiently.

Key points

  • PayMint was among 25 firms that qualified for the semi-finals of the MoneySurge pitch competition.
  • The company aims to enhance its regional presence in events and conferences to showcase its innovative financial technology solutions.
  • PayMint was founded in Egypt in 2019 with the goal of developing digital financial solutions for businesses and individuals.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.