A six-figure fundraising round, spearheaded by P1 Ventures, has been closed by Paymee, a fintech business that offers an online payment gateway.
The business will use the money to expand its enterprise offering and quicken the pace of product development.
It specializes in digitising payment processes and provides card-based online payment acceptance solutions.
Any website and mobile application can incorporate its solution. Without a website, businesses and SMBs can still offer their customers payment links.
Paymee specializes on providing cutting-edge payment systems that enable businesses to accept digital payments and boost sales.
A QR Code that substitutes POS terminals was just released by Paymee. It is a QR Code with a fixed image and a variable amount.
“This raise will support our ambition to develop the product and attract new talents. We’re already known for the efficiency and simplicity of our payment solutions and now we want to become the market reference in Tunisia,” Marwen Amamou, Paymee founder said.
“Addressing our client needs and simplifying their operations is at the core of our research and development efforts.”
P1 Ventures is a venture capital firm specialising in early-stage African FinTech.
“We’ve been impressed by the product quality that allowed Paymee to become a partner of reference for international brands such as Shopify to enable Tunisian merchants to accept payments online,” Mikael Hajjar, General Partner at P1 Ventures, added.
“Marwen is also a highly ambitious and resilient entrepreneur who continues to develop new features such as the QR Codes, which is a great alternative to cash on delivery for logistic clients such as Aramex.”