A six-figure US dollar fundraising round has been secured by Tunisian fintech firm Paymee as it seeks to quicken product development and expand its corporate offering.
Paymee, a company founded in 2020 by Marwen Amamou, offers cutting-edge payment systems that enable businesses to accept more digital payments and boost sales. The start-up provides solutions for accepting card payments online, and their solution is simple to incorporate into any website or mobile application.
After receiving money from P1 Ventures, a venture capital company specialising in early-stage African fintech and sponsored by more than 20 firms, the startup had considerable growth in 2021 and is anticipating more development in 2022.
“This raise will support our ambition to develop the product and attract new talents. We’re already known for the efficiency and simplicity of our payment solutions, and now we want to become the market reference in Tunisia. Addressing our client needs and simplifying their operations is at the core of our research and development efforts,” said Amamou.
According to Mikael Hajjar, general partner at P1 Ventures, his company was struck by the product excellence that made Paymee a partner of choice for global companies like Shopify.
“Marwen is also a highly ambitious and resilient entrepreneur who continues to develop new features such as the QR Codes, which is a great alternative to cash on delivery for logistic clients such as Aramex,” he said.