ApideckTape
← Embedded Finance Index 2026

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
1
regulatory licence held by Paysky
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Paysky’s embedded-finance stack
Payments / PSP
Paysky OMNI Gateway (self-operated)Paysky PayForm (self-operated)Paysky VPOS (self-operated)AFS Pay (partnership)
Accounting gap: significant

Paysky — frequently asked

Who is Paysky's payment processor?

Paysky processes payments through Paysky OMNI Gateway (self-operated), Paysky PayForm (self-operated), Paysky VPOS (self-operated) and AFS Pay (partnership).

Who founded Paysky?

Paysky was founded by Waleed Sadek and is founded in 2017, headquartered in Dubai, United Arab Emirates.

How much funding has Paysky raised?

Paysky has raised $7.4M in total.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Paysky and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Paysky and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.