MoneyHash, which provides single access to payment services in MENA, banks $5.2M | TechCrunch
Briefly

MoneyHash, an Egyptian fintech startup specializing in payment orchestration, has secured $5.2 million in funding to aid merchants in the Middle East and Africa in managing diverse payment processes more efficiently. The company's growth accompanies the increasing complexities faced by merchants when integrating multiple payment providers, often leading to operational inefficiencies. Founded by Nader Abdelrazik and Mustafa Eid, MoneyHash addresses the region's unique payment challenges and has raised over $12 million since its inception in early 2021, marking its expansion into larger enterprise clients.
Egypt's MoneyHash, a fintech startup, raises $5.2 million to enhance payment orchestration for merchants in the Middle East and Africa as they expand and face complexities.
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