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Paysky

Can Paysky become the default white-label digital payments infrastructure layer for financial institutions and telecoms across Africa and the Middle East?

Founded2017
HQDubai, United Arab Emirates
FoundersWaleed Sadek
Total raised$7.4M
IndustryInfrastructure / Payments
The story

Founded in 2017 in Dubai, Paysky started as a digital payments infrastructure provider targeting financial institutions, banks, and telecoms in Egypt and the broader MENA/Africa region. It evolved from a pure payment gateway into a comprehensive ecosystem offering issuing, acquiring, SoftPOS, VPOS, e-commerce store builder, and a consumer super-app (Yalla) with a prepaid card. The company has positioned itself as a payment-as-a-service platform for banks and fintechs seeking white-label digital finance stacks rather than building the infrastructure themselves.

Last 12 months
Product timeline
2017
Paysky founded in Dubai with a mission to democratize electronic payments across Africa and the Middle East.· pivot
2021
Paysky obtained PCI DSS Level 1 certification and was acknowledged on Visa's OTL for global payment service providers.· banking
2021
Paysky signed a strategic partnership agreement with Egypt Post.· acquisition
2022
AFS partnered with Paysky Solutions to launch AFS Pay, expanding issuing and acquiring reach.· banking
Regulated entities
PCI DSS Level 1
Global · 2021
Paysky, Inc.
The stack
Payments / PSP
Paysky OMNI Gateway (self-operated)Paysky PayForm (self-operated)Paysky VPOS (self-operated)AFS Pay (partnership)
Accounting gap: significant