British International Investment

Paymob International B.V.

North AfricaFinancial services

Paymob is a financial technology company based in Egypt. It allows merchants to accept digital payments online and in-store.

Our investment

Description of the investment.

This investment is part of our 'VC Scale-up' strategy to support the growth of the most impactful companies in our venture capital funds portfolio. Our investment in Paymob will improve economic opportunities for owners and employees of SMEs through improved cost structures enabled by more efficient tech-driven payment channels.

Impact information

Applies to investments made from 2019 onwards. The tabs in this section define what we expect to achieve through the investment, assessing the potential impact of the investment against six dimensions of impact. You can find more details on our methodology of assessing impact here.



Our commitment will support PayMob's expansion. This will improve economic opportunities for owners and employees of SMEs through improved cost structures enabled by more efficient, lower-cost, tech-driven channels.


Primary Secondary

Our investment will significantly increase access to digital financial services (payment and lending), which will improve cost structures and liquidity management for SMEs. As part of PayMob’s future business plan, offering up lending solutions to SME customers will enable them to better manage their liquidity and meet their growth needs.

As a first mover in the SME segment, Paymob has the potential to catalyse the market for digitisation of SME merchant payments by encouraging competition and demonstrating the viability of the model to other players.


Stakeholder Geography Characteristics
Business owners, employees and customers

Primarily Egypt, some exposure to Pakistan

Most of Paymob's merchants had no access to digital payment infrastructures previously.

How much?

Scale Depth/Duration

The investment will enable reach to more than 450,000 SMEs primarily across Egypt by 2025, with 90 per cent of SME merchant customers previously not having had access to digital payment infrastructure.

Depth of impact is expected to be deep and transformative as about 90 per cent of merchants do not have access to digital payment structures.


  • Value additionality: We are focused on supporting the company’s market entry into Pakistan, as well as supporting implementation of best practice client protection standards as the company launches and scales its lending business.


External Risk
  • Navigating the rapidly changing legislation around Financial services in Egypt.
Execution Risk
  • the geographical expansion of Paymob could bring some operational, tech and competitive risks that could hamper their ability to achieve the expected scale of impact.

Impact score

Impact score (at point of investment)

The Impact Score is a tool to help us manage our performance against our strategic impact objectives. It is designed to incentivise investments that support our productive, sustainable, and inclusive objectives. You can find out more here.

The Impact Score is published for investments made from 2022 onwards. The Impact Scores are calculated at the point of investment. We publish the Impact Scores of new investments annually, once the information has been externally assured by an independent third party.


Environmental and social information

  • Environmental and social summary

    A high-level description of the environmental and social aspects of the investment. This may include a summary of key environmental and social risks identified during environmental and social due diligence (ESDD); key elements of an environmental and social action plan (ESAP); or ways in which we plan to support the investee improve environmental and social standards, such as through their environmental and social management system (ESMS); as well as any other priority areas agreed with the investee.

  • Environmental and social risk

    A risk category rating, which indicates the level of environmental and social risk associated with an investment. For an explanation of the categorisations used, see here. We consistently provide an environmental and social risk category for all investments screened from 2023 onwards.

Environmental and social summary

We agreed an ESAP with Paymob. It focuses on updating their HR Policies and developing a safeguarding policy.

Environmental and social risk


Reporting and Complaints Mechanism

The Reporting and Complaints Mechanism allows anyone outside BII to report alleged breaches of the business integrity or environmental and social provisions of BII’s Policy on Responsible Investing. This includes breaches made by BII, a BII investee, or a portfolio company of a fund in which BII has invested. The Reporting and Complaints Mechanism Rules are available here. Reports and complaints can be submitted by email to [email protected] or by mail. See more details on our Reporting and Complaints Mechanism here.

For any other general enquiries contact us at [email protected]

  • Key facts

    Last updated

    When the last quarterly update of the website database occurred.

    June 2024
    Project number

    An identifier number shared by investments in the same project.


    The current status of the investment (green flag for active and red flag for exited).


    The geographical region where the country is located. We currently invest in Africa, South Asia, South East Asia and the Caribbean. In 2023, BII’s investment mandate was extended allowing it to invest in regional funds linked to Ukraine, with the majority of activity expected to begin post-war. Investments outside these regions were made prior to 2012 under previous investment mandates.

    North Africa

    The countries where the investment delivers impact. Where impact is delivered in multiple countries, this is indicated.

    Egypt, Pakistan, Saudi Arabia

    We prioritise those sectors that facilitate development and need our capital the most. Our priority sectors contribute towards many of the Sustainable Development Goals. They range from investing in the power infrastructure that will provide people with better access to electricity, to investing in financial institutions that direct capital to the individuals and businesses that need it the most.

    Financial services

    We provide capital in the following ways: directly – through direct equity, direct debt, guarantees and other non-intermediated financial instruments; and indirectly – principally through investment funds.

    For direct investments and fund investments, this is the date BII committed capital to the investments. This is typically the date on which legal agreements are signed by all parties.

    For the portfolio companies of our fund investments, this is the date (either the month or the quarter) on which the fund committed capital to the portfolio company.

    For direct equity investments, this is the date at which British International Investment exited the investment.

    For debt investments, this is the date at which the final debt repayment was made.

    For funds, this is the date at which the fund was terminated.

    For underlying fund investments, this is the date at which the fund manager exited the investment.

    The total amount committed, per financial instrument, per investment, on the date BII becomes subject to a binding legal obligation to provide funding or assume a contingent liability. This information is provided in US dollars.

    For direct investments, this is the amount that BII has committed to the business or project. For fund investments, this is the amount BII has committed to the fund.

    The currency in which the investment was made.

    Investment type :
    Start date :
    April 2022
    Amount :
    Currency of investment :

    The company or investment fund’s place of incorporation.


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