Mamo
One flexible platform for all your business payments
Dubai, United Arab Emirates · Founded 2019 · $12.9M raised
- Headquarters
- Dubai
- Employees
- 11–50
- Founded
- 2019
- Business Model
- B2B
- Website
- mamopay.com
- Total Funding
- $12.9M
- Last Round
- $3.4M Extension RoundJul 2024
- Rounds
- 3
About
Mamo is a UAE-based business finance platform providing payment collection, corporate cards, and expense management solutions for SMEs. The platform enables businesses to accept payments online across multiple currencies and channels, issue unlimited virtual and physical Visa corporate cards, manage team expenses, send bulk payouts internationally, and connect to accounting software including QuickBooks, Xero, and Zoho Books. Mamo integrates with major eCommerce platforms such as Shopify, WooCommerce, and Magento, and is regulated by the Dubai Financial Services Authority (DFSA) with a Providing Money Services license.
Summary
Mamo is a Fintech company based in Dubai, United Arab Emirates, founded in 2019. It has raised $12.9M in total across 3 rounds, most recently a $3.4M Extension Round round in Jul 2024. Investors include Global Ventures, Dubai Future District Fund and Global Founders Capital.
Tech & App Stack
14 technologies & apps tracked
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Funding History
Jul 2024
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Seed through Extension Round — per-round amounts, valuations, and who invested in each round.
Investors
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