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MoneyHash raises $4.5M for its payment orchestration platform serving merchants in MENA
MoneyHash, a payment orchestration platform in the Middle East and Africa, has raised $4.5M seed co-led by COTU Ventures and Sukna Ventures.
These PSPs operate under stringent regulations, making the rollout of new products and customizations slower than the merchants’ growth trajectory. It does not offer free tiers; most customers accessing its sandbox without payment are potential clients in the assessment stage, numbering over 100. “We are thrilled to renew our support to a team that has consistently demonstrated superior execution, not just in securing top mid-market and enterprise customers, but also in expanding value across the entire chain, even under challenging market conditions,” he added.
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