PayTabs: The Fintech Company of the Year

May 8, 2018

PayTabs acclaimed as the Fintech Company of the Year at the prestigious Arabian Business Achievement Awards 2018

Bahrain, 8 May 2018: When it’s a star-studded night, it’s only natural that some of those stars shine a light on the innovative brands that contribute most to industry and society. Which is why it was fitting that Paytabs was accorded the impressive title of being the Gulf’s ‘Fintech Company of the Year’ at the Arabian Business Achievement Awards 2018, held earlier this week in Kuwait.

The glitzy ceremony, held at the sparkling ballroom of the Jumeirah Messilah Hotel, was about rewarding remarkable success and innovation across sixteen industries the region over. The objective of the award ceremony being to confer repute and acclaim to those CEO’s and companies that have continuously delivered success and excellence bar none. Held annually, the awards serve to recognize key business performers, entrepreneurs and corporates for their contribution to the economy in the fields of finance, aviation, technology, retail, hospitality, energy and so on.

Against this framework, PayTabs emerged a clear winner in the financial technology category. Founded by Abdulaziz Aljouf, with the aim of revolutionizing online transactions and helping ecommerce thrive in the Middle East, North African and Asian markets, Paytabs has established itself as one of the leading payment processors across the globe. Its forte has been to assist small and medium businesses make simple and secure transactions online, something which it has succeeded in achieving in just four years. Since 2014, Paytabs has grown from a start-up to one of the most respected Fintech multi-national companies from Philippines all the way to the UAE.

“At Paytabs, we are honoured to accept this prestigious award that recognises the dedication and loyalty of our entire team. We are thankful to our merchants who’ve walked with us through the years, and to our partners who made it possible for us to extend our payment solution footprint to 17 plus countries. We look forward to making PayTabs a brand that people can trust to take their business global in the coming years,” said PayTabber Mohamed Ali, PayTabs Kuwait Business Relationship Manager who accepted the award on behalf of the fintech company.

“It is an absolute honour for PayTabs to be recognised by Arabian Business and we are extremely proud of this achievement”, added Ramshid Muhammedali, PayTabs Senior Regional Business Manager on stage, at the ceremony in Kuwait.

This Arabian Business Achievement Award marks the ­­­­5th international accolade for PayTabs since the company’s inception.

About PayTabs:

PayTabs is a company that processes payments securely and efficiently. The company caters to small, medium and large enterprises via different business models. PayTabs offers clients services to seamlessly ‘plug and play’ various features on to their websites. It even creates instant online stores using a tool known as API plugins. It prides itself on offering simple invoicing services for merchants and professionals.

With a global presence and dedicated offices in Saudi Arabia, Bahrain, UAE, India and the Philippines, PayTabs is fast emerging as the preferred payment solution company for businesses globally.