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PayTabs is a financial technology ​ firm that provides payment processing ​ and fraud prevention services in the MENA ​ region. The company provides online payment ​ services including invoicing and eCommerce ​ plugins. [1] PayTabs also offers an eStore platform for social sellers and sellers without an online Store ​. As of March 2018, PayTabs provides services to businesses in more than 20 countries across the Middle East ​, North Africa ​, and South East Asia ​. [3] [4]


PayTabs operation started in April 2014. The company was founded by Abdulaziz Aljouf, a Saudi entrepreneur. PayTabs was incorporated in the Kingdom of Saudi Arabia ​ and is headquartered in the Kingdom of Bahrain ​, [5] with offices also located in UAE ​ and India ​. [6] [7]


In 2017, PayTabs secured funding of $20 million U.S. Dollars from both Series A and Series B rounds of funding led by Saudi Aramco ​’s Entrepreneurship Venture “Wa’ed”, and other undisclosed investors. [8] The company is raising their 3rd round of funding in 2018. [9]

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