Mamo

company

About

Full-stack payment services platform for SMEs. First local UAE startup regulated by the Dubai Financial Services Authority ("DFSA")

  • 11 - 50

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$1.50M
Industries
Financial Services,FinTech,Mobile Payments,Payments,Peer to Peer
Founded date
Jun 1, 2019
Number Of Employee
11 - 50
Operating Status
Active

Mamo is a bold and inclusive FinTech company committed to bringing financial independence to the underserved. Mamo’s flagship solution is Mamo Pay, a fast, secure, human-centred platform co-created to simplify everyday personal and business payments. With trust, traceability, and transparency at the top of its agenda, Mamo’s ambition is to accelerate the MENA region towards digital payments and champion financial inclusion and literacy across economically diverse communities. By empowering people with simpler, faster, friendlier financial products, insights and strategies. Mamo’s vision is to make everyday payments, transfers, and transactions simple, while bringing financial independence to every human being.

Learn more about the company and our culture: https://www.mamopay.com/brand/welcome

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$1.50M
Mamo has raised a total of $1.50M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2020 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 7, 2020 Pre-seed $1.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Mamo is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Pre-seed