PayPal is committing $100 million to the Middle East and Africa, with plans to deploy capital through minority investments, acquisitions, PayPal Ventures funding, and technology rollouts aimed at scaling digital commerce in the region.
The announcement follows the launch of its first regional hub in Dubai earlier this year, set up to provide businesses with seamless payments, enhanced security, and access to global markets.
The investment will deepen PayPal’s role as both operator and investor across a region it describes as one of the fastest-growing digital commerce markets globally. PayPal Ventures has already backed several local startups, including Tabby and Paymob.
“By dedicating a $100 million investment to this region over the coming years, we’re investing in the technologies, partnerships, and solutions that will help entrepreneurs scale faster, expand their reach beyond borders, and unlock new opportunities for growth,” said Alex Chriss, PayPal’s president and CEO.
