Mamo

Mamo

Private
Dubai, DubaiFinTechhttps://mamo.io

Last Round

VC Round

Jul 25, 2024

Total Funding Raised

$9.5M

Company Overview

Mamo is a financial technology company based in Dubai, UAE, that provides a financial services platform for small and medium-sized enterprises (SMEs). The company's offerings include payment collection, corporate Visa cards, expense management, and payouts, all integrated into a single platform. Founded in 2019, Mamo aims to simplify financial operations for businesses, acting as an alternative to traditional business banking. The company is regulated by the Dubai Financial Services Authority (DFSA) and is registered in the Dubai International Financial Centre (DIFC). Mamo has raised a total of $13 million in funding to expand its product offerings and regional presence.

Sector

FinTech

Verticals

Digital Payments, Corporate Banking, Accounting & Expense, RegTech

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Freemium, Subscription SaaS

AI Layer

Non-AI

Keywords

payment gatewaycorporate cardsexpense managementspend management platformbusiness neobankonline paymentspayment linksbusiness bank alternativevirtual cardspayment APISME financial servicespayoutsaccounting integrationtransaction feesQR code paymentsDFSA regulated

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Mamo Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Mamo Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundJul 25, 2024
Series AMay 17, 2021
SeedApr 7, 2020

Mamo Investors

Notable investors and investment history

Mamo Filings

SEC and related filings with document metadata.

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Mamo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersDubai, Dubai
Year Founded2019
Last FundingJul 25, 2024

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