Tunisia’s Fintech Startup Paymee Secures Six-figure Round to Scale
Paymee, a fintech firm that provides an online payment gateway, has completed a six-figure fundraising round with P1 Ventures as the lead investor.
The business will use the money to expand its enterprise offering and quicken the pace of product development.
The start-up specializes on digitizing payment processes and providing card-based online payment acceptance solutions. Any website and mobile application can incorporate its solution. Without a website, businesses and SMBs can still offer their clients payment links.
Paymee’s founder, Marwen Amamou, expressed his views in the following way: “This funding will assist our desire to improve the product and draw in fresh talent. We already have a good reputation for the effectiveness and clarity of our payment solutions, and now we want to dominate the Tunisian market. At the heart of our research and development initiatives is addressing the demands of our clients and streamlining their business processes.
Paymee specializes in providing cutting-edge payment systems that enable businesses to accept digital payments and boost sales.
A QR Code that substitutes POS terminals was just released by Paymee. It is a QR Code with a fixed image and a variable amount.
A venture capital firm with a focus on early-stage African FinTech is P1 Ventures. “We’ve been impressed by the product quality that allowed Paymee to become a partner of reference for worldwide brands like Shopify to enable Tunisian retailers to take payments online,” commented Mikael Hajjar, General Partner at P1 Ventures.
Marwen is also a very driven and tenacious businesswoman who keeps coming up with innovative features like QR Codes, which are a fantastic replacement for cash-on-delivery for logistic companies like Aramex.
