Mamo Limited is regulated by the Dubai Financial Services Authority (“DFSA”), with registration number F005922, for Providing Money Services under an Innovation Testing Licence (“ITL”). This allows Mamo to test its products and services under conditions defined by the DFSA. We endeavour to always keep your safety and security front and center, however, it’s important to know that in the extreme and rare event of loss, clients are limited in their rights during this phase of our licence. For your peace of mind and to learn more visit the DFSA Public Register: https://www.dfsa.ae/public-register/firms/mamo-limited.
Location: United Arab Emirates, Dubai
Employees: 11-50
Phone: +971 600 587007
Total raised: $11.4M
Founded date: 2019
Investors 5
| Date | Name | Website |
| - | Dubai Ange... | dubaiangel... |
| - | Plug and P... | plugandpla... |
| - | Tekton Ven... | tektonvent... |
| - | 500 Startu... | 500.co |
| - | VentureSou... | venturesou... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 01.08.2024 | - | $3.4M | - |
| 17.05.2021 | Series A | $8M | - |
Mentions in press and media 9
| Date | Title | Description |
| 02.08.2024 | Mamo's $3.4 Million Leap: A Fintech Revolution in the UAE | In the bustling heart of the UAE, a fintech startup named Mamo has just secured a significant $3.4 million in funding. This is not just a number; it’s a signal. A signal that the fintech landscape in the Middle East is evolving, and Mamo is... |
| 01.08.2024 | UAE’s fintech startup Mamo raised $3.4 M funding | The successful completion of a $3.4 million funding round has been announced by Mamo, a fintech startup with headquarters in the United Arab Emirates that aims to assist small and medium-sized enterprises in streamlining their corporate car... |
| 01.08.2024 | "We Got Funded!" Dubai-Based Fintech Startup Mamo Raises A US$3.4 Million Funding Round The newly raised capital will be allocated to expand Mamo's product offering within the UAE and suppor... | Mamo, a UAE-based fintech startup simplifying the financial operations and enhancing cost efficacy of MENA SMEs, has raised a US$3.4 million funding round. The round was led by the startup's existing investor 4DX Ventures, a pan-Africa focu... |
| 25.07.2024 | Mamo Raises $3.4M in Funding | Mamo, a Dubai, UAE-based fintech startup on a mission to help small and medium-sized businesses consolidate their payment collection, corporate cards and expense management needs, raised $3.4M in funding. The round was led by 4DX Ventures a... |
| 07.02.2023 | Startups in the billing space you need to know | They include Chargebee, Zentoni, DeferIt, SplitWise, and Monetize360 Like nearly eveything else, digitization has changed the way we pay for things. I'm not only talking about electonic payment consumer apps like Zelle and Venmo, but even t... |
| 03.11.2021 | Top 10 Fintech Startups in UAE | Fintech companies are making the financial system a whole lot easier and faster. According to Investment Monitor, the global fintech market is projected to hit a market value of USD 305 billion by 2025, growing at a CAGR of 20% over the nex... |
| 17.05.2021 | Dubai Fintech Mamo Secures $8M via Pre-Series A Round, Will Expand Operations into UAE, Saudi Arabia | Dubai-headquartered Fintech firm Mamo has reportedly secured $8 million through a pre-Series A funding round. Mamo offers a digital wallet and payments platform and has previously raised $1.5 million in order to launch a peer to peer paymen... |
| - | Mamo Pay | “Accept online payments in over 15 currencies across multiple channels, and pay for expenses using the Mamo Visa® Card.” |
| - | Dubai-based P2P payments fintech Mamo raises $8 million | Mamo, a Dubai-based digital wallet and payment platform set up by three former Google engineers, has raised $8 million in a Pre-Series A funding round. The round was led by Global Ventures, along with the participation of 4DX Ventures, AlRa... |