Get the latest tech news
MoneyHash, which provides single access to payment services in MENA, banks $5.2M
Egypt's MoneyHash, which helps merchants across the Middle East and Africa manage complex payment stacks more easily, raises $5.2 million.
Egypt’s MoneyHash — which helps merchants across the Middle East and Africa manage complex payment stacks more easily — has raised $5.2 million as it scales to target larger enterprises. It offers features like a unified API for pay-in and pay-out operations, customizable checkout, advanced transaction routing with fraud prevention, failure rate optimization, and detailed reporting tools. According to the head of payments at Tamara, MoneyHash stands out in the region by “building an important point of difference,” likely referring to its claims to help clients achieve a 10–20% increase in revenue generation while cutting go-to-market and development costs by 90%.
Or read this on TechCrunch