PayPal to invest $100m in African, Middle Eastern startups

https://disruptafrica.com/2025/10/07/paypal-to-invest-100m-in-african-middle-eastern-startups/

PayPal has announced a commitment to invest US$100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions.

The strategic investment from PayPal will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help local businesses scale, unlock new opportunities for innovators, and bring millions more consumers and communities into the digital economy.

“The Middle East and Africa are home to some of the most dynamic and rapidly evolving businesses in the world,” said Alex Chriss, president and CEO of PayPal. “By dedicating a US$100 million investment to this region over the coming years, we’re investing in the technologies, partnerships, and solutions that will help entrepreneurs scale faster, expand their reach beyond borders, and unlock new opportunities for growth in the digital economy.”

The new US$100 million commitment also builds on PayPal Ventures’ existing investments in some of the region’s most promising startups, including TabbyPaymob, and Stitch, highlighting PayPal’s role as a long-term partner in shaping the future of digital commerce.

“This commitment underscores our dedication to expanding PayPal’s presence in the Middle East and Africa and our focus is to build stronger connections between local businesses and the global marketplace,” said Otto Williams, senior vice president, and regional head and general manager of PayPal Middle East and Africa. “We’re focused on expanding our footprint in the region and ensuring millions of consumers and businesses can access more of the digital services they need to thrive.”

Leave a Reply

Your email address will not be published. Required fields are marked *