PayPal Holdings, Inc. announced on Wednesday a $100 million investment to accelerate digital commerce across the Middle East and Africa.
The commitment aims to support entrepreneurs, fuel fintech innovation, and expand financial inclusion in one of the fastest-growing digital economies worldwide.
The move positions PayPal to deepen its footprint in high-growth markets where e-commerce and digital payments are rapidly taking off.
PayPal’s $100M investment in MENA and Africa
The $100 million will be deployed through minority stakes, acquisitions, and PayPal Ventures funding, alongside technology rollouts and talent expansion in the region
According to the company, the initiative is designed to help startups and small businesses scale, attract international venture capital, and strengthen cross-border commerce.
This builds on PayPal Ventures’ previous bets in the region, including investments in Tabby, Paymob, and Stitch, which are now among the fastest-growing fintechs in the Middle East and Africa. By backing innovators, PayPal is not only injecting capital but also opening access to global payment infrastructure and markets.
Dubai hub and strategic expansion
The announcement follows the April 2025 launch of PayPal’s first regional hub in Dubai, United Arab Emirates. The hub serves as a gateway for local enterprises seeking global reach. It delivers secure, frictionless payments and connects merchants—ranging from MSMEs to large enterprises—to international customers.
Speaking at the launch, PayPal’s President and CEO, Alex Chriss, emphasized that the Middle East and Africa are home to some of the most dynamic digital businesses in the world. “By dedicating $100 million to this region, we’re investing in the technologies, partnerships, and solutions that will help entrepreneurs expand beyond borders,” he said.
The strategy aligns with recent partnerships, such as PayPal’s April 2025 deal with TerraPay to strengthen cross-border remittances. It also complements broader ecosystem investments, including contributions to Egyptian venture capital funds like Algebra Ventures, highlighting PayPal’s long-term commitment to building digital infrastructure in underpenetrated markets.
Driving financial inclusion and digital growth
Beyond startups, PayPal aims to expand financial inclusion by connecting millions of consumers and businesses to digital services.
According to Otto Williams, Senior Vice President and Regional Head for PayPal Middle East and Africa, the investment focuses on bridging local enterprises with the global economy.
“We’re building stronger connections and ensuring that millions across the region can access the digital tools they need to thrive,” he said.
Industry observers note that the timing is strategic. Internet penetration, smartphone adoption, and e-commerce spending are all rising sharply in MENA and sub-Saharan Africa.
Digital transactions are projected to grow at double-digit rates annually, making the region one of the most promising frontiers for payment providers.
With this $100 million pledge, PayPal is signalling its intent to be more than a payments processor—it’s positioning itself as a long-term partner for innovation, inclusion, and economic growth. For entrepreneurs and startups in MENA and Africa, the move could be a game-changer, unlocking new opportunities to scale globally.