PayPal commits $100m to advance digital commerce in MEA

Mubasher: US-based PayPal Holdings plans to invest $100 million across the Middle East and Africa (MEA) to drive innovation, support entrepreneurs, and promote growth in digital commerce.

The investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments, according to a press release.

It will help local businesses scale, unlock new opportunities for innovators, and bring millions more consumers and communities into the digital economy.

 The move follows PayPal’s first regional hub launch in the UAE earlier in 2025, designed to deliver seamless payments, security, and global commerce access to businesses of all sizes.

Alex Chriss, President and CEO of PayPal, said: “By dedicating a $100 million investment to this region over the coming years, we are investing in the technologies, partnerships, and solutions that will help entrepreneurs scale faster, expand their reach beyond borders, and unlock new opportunities for growth in the digital economy.”

Otto Williams, Senior Vice President, Regional Head and General Manager of PayPal Middle East and Africa, added: “We are focused on expanding our footprint in the region and ensuring millions of consumers and businesses can access more of the digital services they need to thrive.”

The move builds on PayPal Ventures’ backing of regional startups, including Tabby, Paymob, and Stitch, highlighting its long-term role in shaping the region’s digital commerce landscape.

مباشر وقت الإدخال: 25-Sep-2025 04:51 (GMT)
مباشر تاريخ أخر تحديث: 25-Sep-2025 04:51 (GMT)