Close Menu
The Oasis Report
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

How many Russians in Dubai? Let’s ask them

June 13, 2025

Tighter Omanisation rules for state contracts

June 13, 2025

Gold Hits Nearly Two-month High as Middle East Tensions Spur Safe-haven Demand

June 13, 2025
Facebook X (Twitter) Instagram
Trending
  • How many Russians in Dubai? Let’s ask them
  • Tighter Omanisation rules for state contracts
  • Gold Hits Nearly Two-month High as Middle East Tensions Spur Safe-haven Demand
  • Bank al Etihad partners with Visa for carbon insights tool
  • Indonesia, Singapore Sign Deals on Power Trade, Carbon Capture 
  • Dubai stocks tumble at open after Israel’s strikes on Iran
  • PIF banks Nintendo win but may have sold too soon
  • Oil hits $78 and stocks rattle as Middle East tensions flare
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
The Oasis ReportThe Oasis Report
Friday, June 13
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report
Home » Morocco’s PayTic raises $4m for Africa expansion

Morocco’s PayTic raises $4m for Africa expansion

adminBy adminApril 15, 2025 Market No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


PayTic, a Moroccan startup, has raised $4 million in a funding round and aims to expand into Africa, it said in a press statement on social media.

PayTic, which has a presence in Europe and North America, works with banks and card issuers to simplify back-end processes such as chargebacks whereby a customer disputes a transaction and requests a vendor to reverse it.

PayTic is hoping to capitalise on the growing market in Africa digital payments.

The digital payments economy in the continent is expected to be worth $1.5 trillion by 2030, according to Genesis Analytics, commissioned by Mastercard.

Internet penetration in the continent is projected to grow at a compound annual rate of 2 percent, while financial inclusion is set to expand at 6 percent per year.

In 2024, African companies won $2.2 billion worth of venture capital investment, according to Partech Partners.

Register now: It’s easy and free

AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East.

Why sign uP

Exclusive weekly email from our editor-in-chief

Personalised weekly emails for your preferred industry sectors

Read and download our insight packed white papers

Access to our mobile app

Prioritised access to live events

Already registered? Sign in

I’ll register later



Source link

admin
  • Website

Keep Reading

Tighter Omanisation rules for state contracts

Bank al Etihad partners with Visa for carbon insights tool

Dubai stocks tumble at open after Israel’s strikes on Iran

PIF banks Nintendo win but may have sold too soon

Oil hits $78 and stocks rattle as Middle East tensions flare

Gold tops one-month high on haven demand

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Tighter Omanisation rules for state contracts

June 13, 2025

Bank al Etihad partners with Visa for carbon insights tool

June 13, 2025

Dubai stocks tumble at open after Israel’s strikes on Iran

June 13, 2025

PIF banks Nintendo win but may have sold too soon

June 13, 2025
Latest Posts

Oil prices on track for solid weekly gains as China and U.S. resume trade talks

June 6, 2025

Oil slips on U.S. stockpile build, Saudi Arabia price cuts

June 5, 2025

OPEC+ members could hike July oil output by 411,000 barrels per day

May 29, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to The Oasis Report, your trusted source for the latest news and insights on startups, markets, business, economy, and finance in Saudi Arabia. We are dedicated to providing timely, accurate, and in-depth coverage of the ever-evolving financial and business landscape in the region.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.