Moroccan Fintech PayTic Raises USD 4.4 M To Scale Payments Infrastructure

Morocco-based fintech startup PayTic has raised USD 4.4 M in a new funding round led by AfricInvest, with backing from Axian Venture Lab, Mistral VC, and existing investors like CDG Invest, Build Ventures, Concrete VC, and ICP Ventures. The round brings PayTic’s total funding to USD 7.4 M, positioning the company for expansion across Africa, the Middle East, and into new global markets.

Founded in 2020 by Imad Boumahdi, PayTic is building the invisible but mission-critical tech that powers the backend of financial services. Unlike consumer-facing fintechs, the Casablanca-based startup focuses on automating the “operational aftermath of payments”—including reconciliation, chargebacks, fraud monitoring, and compliance—for banks, card issuers, payment processors, and fintechs.

PayTic’s no-code, plug-and-play platform integrates with existing financial systems, consolidating operational workflows into a single dashboard that simplifies regulatory processes and reduces repetitive tasks. The company generates revenue through a mix of subscriptions, volume-based pricing, and revenue-sharing agreements.

Currently, PayTic serves over 20 clients across Europe, the Middle East, and Africa, including CIH Bank, CFG Bank, and OGS in Morocco, as well as BNI Madagascar and other regional fintechs. It’s now eyeing growth in Nigeria, one of Africa’s most dynamic fintech ecosystems.

As payment infrastructure across emerging markets becomes increasingly complex, PayTic’s solution is gaining traction. While competitors like Kani Payments offer specialised tools, Boumahdi argues PayTic’s end-to-end, integration-free solution offers broader utility for financial institutions navigating scale and compliance in real time.

With fresh capital and growing regional demand, PayTic is positioning itself as a key player in the financial infrastructure layer that keeps the MEA fintech engine running smoothly.