Egyptian Fintech PayMint Raises Seed Funding Round

PayMint, an Egypt-based fintech startup has secured seed funding of 7 figures from AUR Fintech, a subsidiary of AUR Capital, to support PayMint’s expansion plan in fintech and SMEs’ financial inclusion in the Egyptian market. 

PayMint provides financial technology services to SMEs, including salary payments, working capital financing, and supplier payments. The fintech targets to use the new fund to expand the scope of its services to include more corporate payments and provide new services to corporate beneficiaries and other financial services that would enhance the financial inclusion of beneficiary companies or individuals, in a way that promotes comprehensive and sustainable economic growth.