At PayMint, we are proud to announce the successful closure of a seven-figure seed funding round led by the AUR Fintech Fund, part of AUR Capital Group. This milestone marks a major step forward in our mission to reshape the financial technology landscape for small and medium enterprises (SMEs) in Egypt.

Since launching in 2019, PayMint has been dedicated to empowering SMEs with a smart, seamless, and secure suite of fintech services — including salary disbursement, working capital financing, and supplier payments. This new investment unlocks additional capacity to scale our solutions and introduce new services designed to enhance financial inclusion and fuel sustainable economic growth.

Expanding Our Impact in the SME Ecosystem

Commenting on the funding round, Mohamed Rabie, Managing Director of PayMint, said:

“We are proud of our partnership with AUR Fintech, and we aim to use this funding round to support PayMint’s expansion in serving SME clients and to introduce new services such as microfinance and bill payments.”

This investment will enable PayMint to broaden the scope of corporate payments, enhance the tools available to corporate beneficiaries, and roll out additional financial services aimed at strengthening the growth of businesses — all while contributing to Egypt’s nationwide financial inclusion goals.

Looking ahead, PayMint also intends to issue 150,000 Meeza cards to beneficiaries this year, pending final approvals. This step aligns with our commitment to bringing more individuals and companies into the formal financial system.

A Thriving Environment for Fintech Innovation

Mohamed Yehia, Vice Chairperson and Co-Founder of PayMint, highlighted the supportive role of the Central Bank of Egypt (CBE) in the growth of fintech startups:

“The CBE’s initiatives have transformed the fintech landscape from a forward-looking vision into concrete, well-studied steps that connect all market stakeholders — from founders to emerging companies.”

He emphasized that the latest CBE reports and initiatives reflect a deep understanding of the market and its needs, further accelerating the evolution of the fintech ecosystem.

A Shared Vision with AUR Fintech

From the investor side, Mohamed Farouk, President of AUR Fintech, noted:

“We believe that the future of development relies on technology, and that the growth of SMEs is tied to the quality of the payment services they receive — an area where PayMint excels.”

Similarly, Mohamed Qamoura, Head of Investments at AUR Fintech, reinforced the strategic alignment between both organizations:

“SMEs form the largest share of Egypt’s GDP, yet many still lack the financial services needed to grow. We see PayMint in a leading position to fill this gap and advance our vision of reaching unbanked segments while enhancing financial inclusion.”ess needs best.

Our Foundation: Expertise and Innovation

PayMint was founded by a seasoned team of banking, payments, and technology experts with over 70 years of combined experience. Our leadership includes former executives from major banks, electronic payment companies, and government institutions — bringing depth, credibility, and hands-on industry knowledge to everything we do.

Our CEO, Mohamed Rabie, previously served in product development at the National Bank of Egypt and as a business development consultant for a global electronic payment company. This expertise continues to shape our strategic direction and product innovation.

At PayMint, we are committed to transforming the financial experience for SMEs in Egypt by delivering accessible, reliable, and future-ready financial solutions. This funding round marks only the beginning of our next chapter — one driven by growth, collaboration, and impact.

Stay tuned for more updates as we continue building the future of SME fintech in Egypt.