PayPal has committed $100 million to accelerate digital commerce across the Middle East and Africa, aiming to fuel innovation, back entrepreneurs, and expand access to the digital economy.
Why it matters
The region is among the fastest-growing for online commerce, and global players like PayPal are racing to capture the market by investing in startups, infrastructure, and cross-border payment solutions.
Details
- The investment will flow through minority stakes, acquisitions, PayPal Ventures funding, talent, and technology deployments.
- Funds will help local businesses scale, give innovators more opportunities, and bring millions of new consumers online.
- PayPal already backs notable regional startups, including Tabby, Paymob, and Stitch.
What they’re saying
- “By dedicating a $100 million investment to this region, we’re supporting entrepreneurs to scale faster and unlock new opportunities in the digital economy,” said Alex Chriss, PayPal CEO.
- Otto Williams, PayPal’s regional head, added: “We’re focused on building stronger connections between local businesses and the global marketplace.”
Between the lines
The move comes just months after PayPal launched its first regional hub in Dubai (April 2025), designed to deliver global commerce tools — from frictionless payments to stronger security — for businesses of all sizes.
