PayPal To Invest $100m In Middle East And Africa Digital Economy
PayPal has announced a $100m investment across the Middle East and Africa to accelerate digital commerce, fuel innovation, and support entrepreneurs.
The commitment follows the company’s launch of its first regional hub in Dubai earlier this year and builds on existing investments in some of the region’s fastest-growing startups.
The strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, and technology and talent deployments.
PayPal Middle East investment
The aim is to help local businesses scale, unlock new opportunities for innovators, and bring millions more consumers and communities into the digital economy.
Alex Chriss, President and CEO, PayPal, said: “The Middle East and Africa are home to some of the most dynamic and rapidly evolving businesses in the world. By dedicating a $100m investment to this region over the coming years, we’re 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.”
The announcement builds on momentum from April 2025, when PayPal launched its first regional hub in Dubai.
Designed as a gateway to deliver global commerce capabilities, the hub provides enterprises and small merchants alike with frictionless payments, robust security, and improved access to international markets.
PayPal Ventures already has stakes in some of the region’s most prominent startups, including buy-now-pay-later platform Tabby, Egyptian payments provider Paymob, and South African fintech Stitch.
The new $100m commitment highlights the company’s continued role as a partner in shaping the region’s digital future.
Otto Williams, Senior Vice President, Regional Head and General Manager of PayPal Middle East and Africa, said: “This commitment underscores our dedication to expanding PayPal’s presence in the Middle East and Africa and our focus is to build stronger connections between local businesses and the global marketplace.
“We’re 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.”
By aligning investment with its regional presence, PayPal is seeking to bridge local entrepreneurs with the global economy, creating a platform for sustained growth in digital trade across the Middle East and Africa.
Refinancing Drives EMEA Loan Market To Highest Level Since 2007 – Report
Loan volumes hit $1.51 trillion in 2025 as borrowers rush to extend maturities The post Refinancing drives EMEA loan ma... Read more
India regulator Alleges Bank Of America Breached Insider Trading Rules In 2024 Deal
Bank of America arm violated rules in share sale of Aditya Birla Sun Life Asset Management, SEBI notice says The post I... Read more
How UAE Finance Is Redefining Innovation Through Impact
Abu Dhabi-raised entrepreneur and businessman Mahmoud Abu Ebeid swapped construction for code in 2020. Now his software... Read more
RAKBANK Secures In-principle Approval For AED-backed Stablecoin
In-principle approval from the CBUAE marks a milestone in the bank’s digital assets strategy as it combines blockchai... Read more
Qatar Investment Authority Participates In XAIs $20 Billion Funding Round
Series E funding by the Elon Musk company exceeded its own target of $15bn as it ramps up development of new AI models ... Read more
Abu Dhabis BlueFive Capital Named GP For $4.6bn Chinese Industrial Fund
Appointment positions the Abu Dhabi-based platform at the centre of HBIS and CICC’s cross-border investment strategy ... Read more