Paymee, a fintech company that provides an online payment gateway, has concluded a six-figure fundraising round headed by P1 Ventures. The company focuses in digitising payment flows that provide card-based online payment acceptance solutions. It is possible to integrate its solution into any website or mobile application. Without a website, businesses and SMBs can generate payment links for their clients. Paymee specialises in providing merchants with innovative payment technology in order to enhance their revenue through the acceptance of digital payments.
“This raise will support our ambition to develop the product and attract new talents. We’re already known for the efficiency and simplicity of our payment solutions and now we want to become the market reference in Tunisia. Addressing our client needs and simplifying their operations is at the core of our research and development efforts,” Marwen Amamou, Paymee founder said.
Paymee’ developed a new product, a QR Code that substitutes POS machines, not too long ago. It is a QR Code with a fixed image and an editable quantity.
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The cash will be used to speed product development and expand the company’s enterprise offering. P1 Ventures is a venture financing firm that specialises in early-stage FinTech companies in Africa.
“We’ve been impressed by the product quality that allowed Paymee to become a partner of reference for international brands such as Shopify to enable Tunisian merchants to accept payments online. Marwen is also a highly ambitious and resilient entrepreneur who continues to develop new features such as the QR Codes, which is a great alternative to cash on delivery for logistic clients such as Aramex,” Mikael Hajjar, General Partner at P1 Ventures, said.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh