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kenza_abdelhaq

Dubai fintech Tpay Mobile acquires Turkish payments company Payguru - 0 views

  • Founded in 2014 as the first open mobile payment platform of the region, Tpay Mobile was acquired by leading African private investment firm Helios Investment Partner. The firm had acquired a 76 percent stake in Tpay Mobile in 2018, creating a dragon exit for A15, the firm that had founded it. Tpay has previously also acquired its Cairo-based rival DCBEgypt in 2017. Sahar Salama, Founder and Chief Executive Officer of Tpay Mobile, said, “Tpay Mobile is on an accelerated growth trajectory, and the acquisition of Payguru fast-tracks our vision to become the leading digital payment platform in the Middle East and Africa, guaranteeing a best in class user experience, and offering innovative services to our partners, and further driving digital and financial inclusion in our region.”
    • kenza_abdelhaq
       
      Four years after its creation, Tpay Mobile was acquired by Helios Investment Partner firm. To eliminate its competition, position its self as the leading digital payment platform in the MEA region and offer diverse and innovative services to their customers, Tpay Mobile acquired Cairo based rival DCBEgypt in 2017 and Payguru in 2020.
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    "Founded in 2014 as the first open mobile payment platform of the region, Tpay Mobile was acquired by leading African private investment firm Helios Investment Partner. The firm had acquired a 76 percent stake in Tpay Mobile in 2018, creating a dragon exit for A15, the firm that had founded it. Tpay has previously also acquired its Cairo-based rival DCBEgypt in 2017. Sahar Salama, Founder and Chief Executive Officer of Tpay Mobile, said, "Tpay Mobile is on an accelerated growth trajectory, and the acquisition of Payguru fast-tracks our vision to become the leading digital payment platform in the Middle East and Africa, guaranteeing a best in class user experience, and offering innovative services to our partners, and further driving digital and financial inclusion in our region.""
kenza_abdelhaq

Bango partners with TPAY MOBILE to accelerate mobile commerce London Stock Exchange:BGO - 1 views

  • TPAY MOBILE makes it easy for digital service providers to access over 600 million customers and accept payments across MEA and Turkey. Through one simple API integration, TPAY MOBILE’s full service mobile payment platform enables rapid business growth and drives financial inclusion.
  • Bango (AIM: BGO), the data-driven commerce company, and TPAY MOBILE FZ-LLC (TPAY MOBILE, www.tpaymobile.com) the full-service digital payments platform for the Middle East, Africa, and Turkey, have formed a strategic partnership to increase access to digital commerce. This partnership simplifies and accelerates entry into new markets for online merchants by connecting platforms and pooling operational expertise
    • kenza_abdelhaq
       
      Tpay mobile partnered up with the global company Bango that offers payment insights based on commerce data. This strategic partnership allowed the two companies to pull resources together and share their operational expertise.
  • ...2 more annotations...
  • TPAY MOBILE has pioneered digital commerce and financial inclusion in the Middle East, Africa, and Turkey. Its technology is used by regional digital merchants and international brands like Google, Apple, Unity, Huawei, PUBG and Tencent to connect to consumers across MEA and Turkey. These merchants can now scale globally through the worldwide payment reach enabled by the Bango Platform. In addition, merchants integrated to either Bango or TPAY MOBILE can accelerate revenue growth from their products and services, by using Bango Audiences in marketing programs, which attract more paying customers through payment behavior targeting.
    • kenza_abdelhaq
       
      This partnership allows Tpay Mobile to use Bango platform and audiences and have a more global reach. This partnership also allows Tpay Mobile to target customers depending on their payment behavior and therefore attract more paying customers. On the other hand, Bango benefits from the digital commerce and financial inclusion expertise that Tpay Mobile has in the MEA region and Turkey.
  • App developers, stores and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive. By bringing businesses together and powering e-commerce with unique data-driven insights, Bango delivers new business opportunities and new dimensions of growth for customers around the world. Being inside the Bango circle means global merchants including Amazon, Google and Microsoft can work together with payment partners from Africa to the Americas, accelerating the performance of everyone on the inside.
    • kenza_abdelhaq
       
      Tpay Mobile's partner Bango is a data driven company giving valuable insights to companies to enhance E-commerce performance, allow growth, and enhance customers' experience and inclusion on a broader scope.
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    Nowdays, rapid platforms get a lot of attention, because, as there's big competition, the only way for a platform to have an advantage is to work on the design and the rapidity
samiatazi

TPAY | Helios Investment Partners | Helios Investment Partners - 0 views

  • Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.
    • mehdibella
       
      here we notice that TPAY is ruling over the MEA region
  • TPAY provides a much-needed mobile payment solution in markets with low banking penetration and high mobile adoption.
    • mehdibella
       
      we can clearly understand that it is providing a huge solution for those in need of a banking system and cannot access it.
  • Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.
    • samiatazi
       
      here we notice that TPAY is ruling over the MEA region we can clearly understand that it is providing a huge solution for those in need of a banking system and cannot access it
  • ...1 more annotation...
  • Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.
kenza_abdelhaq

TPAY Mobile Acquires Payguru, the Leading Payment Platform in the Middle East - 0 views

  • Mobile payments are a key payment method in the Middle East and Africa, used by over 50% of the population, most of which is underbanked, and TPAY MOBILE leverages direct carrier billing and wallet billing to unlock access to these customers across 24 countries for its merchant partners.TPAY MOBILE is currently present in Egypt, UAE, KSA, Palestine, Jordan, Qatar, Kuwait, Bahrain, Oman, Tunisia, Iraq, Algeria, Morocco, Turkey, Libya, Sri Lanka, Nigeria, Tanzania, Kenya, Ghana, Mozambique, Uganda, Zambia, and Zimbabwe.
    • kenza_abdelhaq
       
      Geographical scope of Tpay Mobile's Operations.
  • The Company is headquartered in the UAE, with teams based in Egypt. Our shareholders are – Helios Investment Partners , the leading Africa-focused private investment firm, and A15 , the Middle East’s leading tech investment fund.
    • kenza_abdelhaq
       
      Tpay Mobile shareholders are African and Middle East leading firms.
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    "Mobile payments are a key payment method in the Middle East and Africa, used by over 50% of the population, most of which is underbanked, and TPAY MOBILE leverages direct carrier billing and wallet billing to unlock access to these customers across 24 countries for its merchant partners. TPAY MOBILE is currently present in Egypt, UAE, KSA, Palestine, Jordan, Qatar, Kuwait, Bahrain, Oman, Tunisia, Iraq, Algeria, Morocco, Turkey, Libya, Sri Lanka, Nigeria, Tanzania, Kenya, Ghana, Mozambique, Uganda, Zambia, and Zimbabwe."
kenza_abdelhaq

TPAY Mobile - Funding, Financials, Valuation & Investors - 0 views

  • TPAY Mobile has acquired 2 organizations. Their most recent acquisition was Payguru on Jun 10, 2020.
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    "TPAY Mobile has acquired 2 organizations. Their most recent acquisition was Payguru on Jun 10, 2020. "
kenza_abdelhaq

A strategic partnership between HUAWEI and TPAY MOBILE - 0 views

  • Huawei and TPAY MOBILE have been working closely as part of their ongoing commitment to support developers in the MEA region. This partnership will allow local and global developers to monetize their apps and services through HMS’ In-App-Purchases (IAP) kit across the region. TPAY MOBILE’s Direct Carrier Billing (DCB) service offers all Huawei’s HMS customers in the MEA region the ability to pay for their apps and services through their mobile phone number. This will make it more accessible for Huawei and HONOR device users to pay for online services and apps on HMS.
    • kenza_abdelhaq
       
      Tpay Mobile partnered up with Huawei to support developers in the MEA region and enable them to receive payments for their apps and services through their mobile phone number.
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    "Huawei and TPAY MOBILE have been working closely as part of their ongoing commitment to support developers in the MEA region. This partnership will allow local and global developers to monetize their apps and services through HMS' In-App-Purchases (IAP) kit across the region. TPAY MOBILE's Direct Carrier Billing (DCB) service offers all Huawei's HMS customers in the MEA region the ability to pay for their apps and services through their mobile phone number. This will make it more accessible for Huawei and HONOR device users to pay for online services and apps on HMS."
kenza_abdelhaq

TPAY Mobile acquires Turkey's Payguru - Wamda - 0 views

  • The deal comes at a time when demand for digital payment services is surging due to the coronavirus pandemic. Within the Middle East and Africa region, mobile payments is a popular alternative among 50 percent of the population, most of which is underbanked.
    • kenza_abdelhaq
       
      The acquisition of Payguru by Tpay Mobile is a strategic partnership in the context of a global pandemic. It is also an alternative to around 50% of the population that is underbanked.
  • The FinTech sector in the Middle East and North Africa (MENA) region is also growing at a compound annual growth rate (CAGR) of 30 percent, much higher than the average global rate of 11 percent
    • kenza_abdelhaq
       
      The FinTech sector in the MENA region continues to grow rapidly with a compound annual growth rate much higher than the average global rate.
  • TPAY Mobile is a digital merchant acquirer that enables payments acceptance from more than 54 mobile payment types and wallets, which are connected to more than 580 million consumers. According to Sahar Salama, founder and chief executive officer of TPAY Mobile, the acquisition of Payguru will support their diversification and expansion strategy.
    • kenza_abdelhaq
       
      Tpay Mobile already has a wide network of customers, but the new acquisition is part of the implementation of their diversification and expansion strategy.
samielbaqqali

Driving App Monetisation for Developers in the Middle East and Africa With Huawei and T... - 0 views

  • It was recently announced that global giant Huawei is cooperating with TPAY MOBILE to make it easier and more convenient for developers in the Middle East and Africa (MEA) region to monetise their apps on Huawei Mobile Services (HMS).
  • Leading digital merchant acquirer based in the United Arab Emirates (UAE), TPAY MOBILE, enables payment acceptance from 54 mobile payment providers (DCB and wallets), which are connected to over 580 million consumers across 24 countries through a single integration. Its shareholders include Helio
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    Making such a cooperation will ensure TPAY mobile that it will gain all the HUAWEI users from those regions, which is a huge number of customers as HUAWEI is very present on those places.
kenza_abdelhaq

TPAY acquires Payguru, the leading payment platform in Turkey | Helios Investment Partners - 0 views

  • TPAY MOBILE, the leading digital merchant acquirer and mobile payment enabler in the Middle East and Africa, announced the acquisition of 100% of the shares of Payguru, one of Turkey’s leading payment service providers. The transaction remains subject to approvals from the Central Bank of the Republic of Turkey and the Competition Authority.
    • kenza_abdelhaq
       
      Tpay Mobile acquired all the shares of the Turkish payment service provider Payguru which allowed the company to expand its operations to Turkey.
  • Payguru offers mobile payments, ATM cash payments, and bank transfer services to its merchants through its integration with Turkey’s three mobile network operators (Turkcell, Vodafone, and Türk Telekom) and 8 major banks in Turkey (Ziraat Bankası, Yapı Kredi Bankası, Türkiye İş Bankası, Garani Bankası, Akbank, TEB Paribas, Vakıfbank and QNB Finansbank).
    • kenza_abdelhaq
       
      The newly acquired company allows Tpay Mobile to offer alternative payment products, have access to more financial technologies, and work closely with different banks and mobile network operators in Turkey.
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    "TPAY MOBILE, the leading digital merchant acquirer and mobile payment enabler in the Middle East and Africa, announced the acquisition of 100% of the shares of Payguru, one of Turkey's leading payment service providers. The transaction remains subject to approvals from the Central Bank of the Republic of Turkey and the Competition Authority. "
nouhaila_zaki

How TPAY MOBILE is supporting inclusion across the Middle East and Africa - TPAY MOBILE - 4 views

  • And today our technology does just that, by allowing merchants and operators to accept mobile payments from consumers without the need for a traditional bank account.
    • nouhaila_zaki
       
      This reflects how the company targets underbanked groups, and how it achieves financial inclusion.
  • Coupled with the differing financial, legal, and operational processes across the MEA region is limited access to traditional banking infrastructure, with 63% (circa 1 billion) of the adult population unbanked. While this is a common trait in emerging markets, it does mean that traditional transactions based on credit and debit cards are not a realistic prospect for many consumers. However, with smartphone penetration growing apace, and with it the ability and desire to purchase goods and services through digital channels, there is an increasing need for alternative payment methods to support access and consumption.
    • nouhaila_zaki
       
      Here the article explains why there is a need for TPAY Mobile products: 1- Largely unbanked population = traditional transactions based on debit and credit cards are not realistic. 2- Smartphone penetration + ability & desire to purchase digitally = need for alternative payment methods.
  • And our team’s inclusion efforts don’t stop there. TPAY MOBILE employees have been volunteering and hosting financial literacy workshops with INJAZ Egypt, a non-profit organization empowering young people to own their economic success through partnering with businesses and educational institutions across the country.
    • nouhaila_zaki
       
      Social work for financial inclusion appears to be a priority for the company. Collaboration with an NGO in Egypt reflects that.
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    Very interesting company! Even though it is an Algerian company, its scope goes beyond the African borders to include the whole MEA region!
kenza_abdelhaq

Intigral partners with Telecom Egypt "WE" and TPAY MOBILE to launch mobile payment for ... - 0 views

  • Dubai: Intigral, the leading over the top (OTT) content provider in the MENA region, today announces the expansion of its flagship Jawwy TV app and OTT entertainment service into Egypt through a strategic collaboration with the leading telecom operator, Telecom Egypt “WE”. This expansion is being enabled by a strategic partnership with TPAY MOBILE, the Middle East and Africa’s leading digital payments platform.
    • kenza_abdelhaq
       
      Tpay Mobile partnering up with content provider Integral and the telecom operator "WE" as part of a strategic partnership enabling Integral's expansion in the region.
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    "Dubai: Intigral, the leading over the top (OTT) content provider in the MENA region, today announces the expansion of its flagship Jawwy TV app and OTT entertainment service into Egypt through a strategic collaboration with the leading telecom operator, Telecom Egypt "WE". This expansion is being enabled by a strategic partnership with TPAY MOBILE, the Middle East and Africa's leading digital payments platform."
kenza_abdelhaq

Where preparation meets opportunity: How TPay Mobile put Egypt on the Fintech map | Ent... - 0 views

  • In a country with low banking penetration and high mobile adoption, Sahar Salama saw a business opportunity in creating a payment solution through telecom operators. She used her experience at Link Development to create a direct operator billing model and launched TPay Mobile in 2014. Launched in Egypt, Saudi Arabia and the UAE simultaneously, they now operate in over 18 markets across MENA covering almost 51 mn transactions a day.
    • kenza_abdelhaq
       
      The introduction of Tpay Mobile was in a context of high mobile adoption and low banking penetration, using telecom operators as a tool allowing payment.
  •  
    "In a country with low banking penetration and high mobile adoption, Sahar Salama saw a business opportunity in creating a payment solution through telecom operators. She used her experience at Link Development to create a direct operator billing model and launched TPay Mobile in 2014. Launched in Egypt, Saudi Arabia and the UAE simultaneously, they now operate in over 18 markets across MENA covering almost 51 mn transactions a day."
hindelquarrouti

Dubai's Tpay Mobile Acquires Payguru, a Turkish Payments Company that Supports Mobile T... - 1 views

  • Founded in Cairo, Egypt, Tpay Mobile says it’s the leading digital merchant acquirer in the MENA region
  • The company supports DCB via three mobile network operators and it facilitates bank transfers and ATM withdrawals through large banks.
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    By acquiring Payguru, Tpay has enlarged its range of customer. It has made acquisition with the intent of becoming the leading digital payment platform in the MENA region. As well as, it has helped them make a step forward in the process of digital and financial inclusion in the region.
samielbaqqali

Bango Partners With TPAY MOBILE to Accelerate Mobile Commerce - 0 views

  • Bango and TPAY MOBILE’s partnership gives more opportunities for mobile network operators in Africa, the Middle East and Turkey to capitalize on customer demand for online content and services.
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    TPAY mobile and Bango are helping a lot the African countries to be developed in the online industry.
samielbaqqali

Bango, TPAY MOBILE partner to boost mobile commerce - ThePaypers - 2 views

  • UK-based mobile commerce company Bango and UAE-based mobile payments enabler TPAY MOBILE have formed a strategic partnership to increase access to mobile commerce.
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    T-Pay is a very well developped and special application that deserves the interest and truth from developped countries like UK.
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    This kind of partnership can only improve the service of mobile commerce provided by both companies. However, there's always a risk that both companies cannot find the adequate strategy in order to conquer the targeted market.
samielbaqqali

Bango partners with TPay Mobile - 0 views

  • Bango (AIM: BGO), the data-driven commerce company, and TPAY MOBILE FZ-LLC (TPAY MOBILE, the full-service digital payments platform for the Middle East, Africa, and Turkey, have formed a strategic partnership to increase access to digital commerce.
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    When there are two or more well developped companies, it is a great idea to form a partnership, in order to improve their industries, which in their case is the E-Commerce.
samielbaqqali

Telecom Review - Huawei announces fintech partnership with TPAY MOBILE - 0 views

  • TPAY MOBILE is the top alternative payments enabler in the MEA region and brings a wide range of capabilities to Huawei’s HMS platform.
    • samielbaqqali
       
      T-Pay Mobile won a big place by being the top alternative payments to Huawei's HMS platform
kenza_abdelhaq

TPAY Mobile FZ LLC - Company Profile and News - Bloomberg Markets - 0 views

    • kenza_abdelhaq
       
      The executive desk of TPAY is in Dubai, United Arab Emirates, while its board members are from the African leading investment firm Helios Investment Partners LLP.
kenza_abdelhaq

TPAY Mobile Company Profile: Funding & Investors | PitchBook - 0 views

  • Developer of an open mobile payment platform in Dubai. The company's platform leverages the mobile network operator billing relationship and collection network to allow mobile phone users to buy online products and services using only their cell phone number with the purchase costs being added to their cell phone bill or deducted from their balance, enabling telecom operators and online merchants to get a seamless Direct Carrier Billing (DCB) ecosystem.
    • kenza_abdelhaq
       
      Services offered by Tpay Mobile.
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    "Developer of an open mobile payment platform in Dubai. The company's platform leverages the mobile network operator billing relationship and collection network to allow mobile phone users to buy online products and services using only their cell phone number with the purchase costs being added to their cell phone bill or deducted from their balance, enabling telecom operators and online merchants to get a seamless Direct Carrier Billing (DCB) ecosystem."
samielbaqqali

EBRD helps regional Fintech champion TPAY MOBILE expand in Turkey - 0 views

  • An alternative to bank card-based transactions, direct carrier and direct wallet billing offered by TPAY MOBILE allows users to make purchases by charging payments to their mobile phone carrier bills or pre-paid airtime balance, as well as wallet stored value. Such cashless payments have become even more popular with the onset of the coronavirus pandemic as consumers increase their digital spending while facing restrictions on leaving their homes.
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    This services has always been beneficial for the users, but in the coronavirus pandemic, it has become more popular and more used and also internationally helped the brand's name.
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