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Press Releases

May 8, 2018

PayTabs: The Fintech Company of the Year

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…

April 19, 2018

PayTabbers celebrate Health Day

Event held at PayTabs to coincide with World Health Day which falls on 7 April, annually Bahrain, April 2018: They say, ‘health is wealth’. And this theme resonated throughout PayTabs when the company hosted its’ first ever Health Day for employees. Employees were requested to dress in the signature colours for the day; shades of…

April 3, 2018

PayTabs CEO recognised as top Fintech influencer

CEO and founder of PayTabs, Abdulaziz Al Jouf recognised as premier influencer of Fintech in the region Bahrain: Paytabs, the region’s fastest growing payment processing firm today announced its’ CEO and founder, Abdulaziz Al Jouf was recognised by LATTICE80 as the man to ‘know and follow in the Middle East’s fintech sector’. LATTICE80 is a…

April 1, 2018

PayTabs awarded Asia’s best company to work for

PayTabs and PayTabers honoured with prestigious morale boosting award Bahrain, 1 April 2018: PayTabs, the one stop payment solutions firm today announced it had won the People’s Choice Award for the Best Company to work for in all of Asia. The award was handed out by officials from Smile-a-Minute Inc, in a sparkling event held…

March 6, 2018

Founding partner of Bahrain Fintech Bay

PayTabs to collaborate with the largest dedicated Fintech Hub in the Middle East and Africa Bahrain: As key officials from the Bahrain Economic Development Board and the Fintech Consortium kicked off the launch of Bahrain Fintech Bay on 21 February 2018, PayTabs, the one-stop payment solutions firm announced it would be one of the principal…

February 1, 2018

PayTabs clinches Best Global Online Payments Solution Award of 2017

PayTabs has been conferred the best global online payments solution for 2017 for its revolutionary and innovative payment solutions in ecommerce Mumbai:  Paytabs, headquartered in the Kingdom of Bahrain, reasserted its claim as one of the top payment processors by winning the “Best Global Online Payments Solution 2017” at the World Payment Congress held last…

August 21, 2017

Leading fintech player PayTabs raises a US $20 million investment for its global expansion

PayTabs will create 4000+ opportunities in the next two years globally contributing to economic growth across several regions August 21, 2017 – Incorporated in the Kingdom of Saudi Arabia with head operations in the Kingdom of Bahrain, leading payment processor PayTabs raised a US$20 Million investment to support its products and global expansion. The expansion…

In the News

May 21, 2018

Startup MGZN: AbdulAziz Al-Jouf shares with us his journey of launching his startup PayTabs

Ever planned of opening a new business in Bahrain but the rumors of how bureaucratic and incredibly challenging it is to do that crawled up into your head and chased that awesome-life-changing idea away? Well, that’s why it’s our job as Startup MGZN to bring you some influential and inspirational people who have made it…

May 15, 2018

Interview with Entrepreneur Middle East

PayTabs CEO Abdulaziz Al Jouf was interviewed by Entrepreneur Middle East during StartUp Bahrain week back in March. Click here to read more

May 9, 2018

Kuwait companies honoured at Arabian Business Achievement Awards

Kuwait’s leading entrepreneurs and CEOs were honoured at the at Arabian Business Achievement Awards, which took place at Jumeirah Messilah Beach Hotel on May 6. The sixteen winners revealed the diversity of Kuwait’s business environment, with entrepreneurs, family heads, corporate CEOs and successful women all scooping the top honours. Finance honours Three awards for Kuwait’s financial…

March 29, 2018

Top 50 Fintech Influencers in Middle East

The United Arab Emirates remains a hotspot for fintech to grow, closely followed by Jordan as per a recent Forbes report. Similar to the Financial Conduct Authority‘s Regulatory Sandbox in the United Kingdom, The Financial Services Regulatory Authority of the Abu Dhabi Global Market commissioned the first regulatory lab called ‘RegLab‘ which eases the process…

March 9, 2018

Will Bahrain-based PayTabs be able to Facilitate India’s Small and Medium Merchants?

As India is moving forward in the arena of alternate payment methods, a large number of international companies are making a beeline to leverage their payment networks. Bahrain-based PayTabs, a one of its kind payment platform which is available in 21 countries sees India as a huge potential market. The company is looking forward to…

March 9, 2018

Saudi start-ups build a platform for innovation

JEDDAH: Saudi Arabia is brimming with talent, creativity and the drive for innovation. Vision 2030, led by the Crown Prince Mohammed bin Salman, further corroborates the Kingdom’s support for aspiring youth and local businesses to thrive. These are six Saudi start-ups to look out for: YOUPOSITIVE YouPositive is an electronic platform founded by Zahra Al-Mohanna…

March 6, 2018

Is Bahrain the region’s next innovation hub?

The government of Bahrain is expecting 2,500 entrepreneurs from around the region to gather in Manama for its first Start-Up Bahrain Week, which kicked off on Sunday. The event is part of an aggressive strategy by the Bahrain Economic Development Board (EDB) to turn Bahrain into a leading innovation hub for the Middle East and…

February 21, 2018

EXCLUSIVE: Bahrain-based fintech achieves early success

Paytabs’ payment gateway has acquired 19,000 merchants across 21 countries in three years Bahrain-based online payment gateway Paytabs has managed to onboard 4,000 new merchants in 2017, bringing its total customers to 19,000, according to Punit Dinesh Thakker, the Senior VP of Business Development. Such growth has triggered the company, founded in 2015 by Saudi…

February 21, 2018

Bahrain FinTech Bay highlights launch with announcement of startups and founding partners

Manama: Bahrain FinTech Bay (“BFB”), the largest Fintech hub in the Middle East & Africa, is pleased to announce its Founding Partners, coinciding with its launch today in Bahrain. BFB is the region’s largest fintech hub and will work with established industry leaders and new entrants from Bahrain, the region and around the world to…

February 21, 2018

Zawya: Bahrain FinTech Bay highlights launch with announcement of startups and founding partners

Manama, 21 February 2018: Bahrain FinTech Bay (“BFB”), the largest Fintech hub in the Middle East & Africa, is pleased to announce its Founding Partners, coinciding with its launch today in Bahrain. BFB is the region’s largest fintech hub and will work with established industry leaders and new entrants from Bahrain, the region and around…

February 8, 2018

‘Fintastic Bahrain Week’ from February 19 to 21

Manama : The Bahrain Economic Development Board (EDB) announced the first Fintastic Bahrain Week from February 19 to 21. The week-long series of activities will bring together around 700 international and regional financial services experts to explore disruptive innovation across the industry. Hosting Fintastic Bahrain Week is part of the EDB’s efforts towards attracting investment and…

February 7, 2018

On A Fintech Drive

How Bahrain is seeking to diversify its economy away from oil, and attract Indian and global fintech startups and entrepreneurs It is a good time to start something in fintech in Bahrain,” says Vinod Nagar, VP, Marketing, PayTabs. “So our founder Abdulaziz Aljouf thought Bahrain more cost effective and we got really good support from…

February 4, 2018

Top 20 Fintech Startups In The Middle East

Fintech startups have created quite a buzz in the region, raising over $100 million in the last five years. Investment in this sector is well warranted, considering the fact that traditional banks have had limited success in the region, where 70% of the population do not even have a bank account. When it comes to…

January 16, 2018

MENA Startups Raised $560 Million In Funding Across 260 Deals In 2017, MAGNiTT Report Reveals

MAGNiTT, a platform that tracks and reports developments in the MENA entrepreneurship space, starts 2018 by taking a look at the year gone by and how it treated the region’s startups. Releasing its annual State of MENA Funding report, MAGNiTT finds that in 2017, MENA’s startups attracted US$560 million of investment across 260 deals. This investment activity constitutes a…

December 18, 2017

Keeping tabs on digital payments

Armed with a business degree, Abdulaziz Fahad Al Jouf left for the United States to pursue a second bachelor’s degree. He searched for an economical school in the US and landed in Missouri where he studied software engineering at the University of Missouri-Kansas City. During that time, he founded the first of several businesses, starting…

October 12, 2017

The Top Five GCC Startups to Watch Out For

The Middle East has risen, in a short space of time, from a digital backwater to a region of immense tech promise. The Gulf Cooperation Council (GCC) sits atop its valued metrics. The GCC was formally established in 1981, and includes all the Arab nations of the Persian Gulf except Iraq: Saudi Arabia, Kuwait, Bahrain,…

August 20, 2017

The 4th Revive Sharqiya Focuses on Fintech

Endeavor Saudi Arabia, August 19th, 2017 – Saudi entrepreneurs and experts in Fintech discussed the future of technology in financial services during the 4th edition of #ReviveSharqiya meetup. The event was organized by Endeavor Saudi Arabia, Wamda and Global Shapers Khobar Hub, part of the World Economic Forum community, and took place at Al Turki Business Tower…

August 7, 2017

Exclusive: Q&A with CEO of Paytabs AbdulAziz Aljouf

Al Arabiya English exclusively interviewed PayTabs Chief Executive Officer Abdulaziz F. AlJouf for his contributions to ecommerce in the Arab world. PayTabs is economy payment processing and fraud prevention company built to provide buyers and sellers an advanced technology to pay and get paid according to the company’s website. The company has risen within the…

April 27, 2017

PayTabs solution to boost e-commerce in Mideast – Published at Trade Arabia

PayTabs, a payment processing solution company co-owned by Saudi Aramco Entrepreneurship Ventures (Wa’ed), is set to launch its online

December 13, 2016

Mideast-based PayTabs to venture to S-E Asia next year

MANAMA, BAHRAIN: PayTabs, a premier gateway solution company in the Middle East, plans to venture into South-East Asia next year. Founder and chief executive officer Abdulaziz F. Al Jouf said the expansion into 10 countries in the region, including Malaysia, Singapore and Myanmar, is aimed at small and medium enterprises (SMEs). “We are not just…

November 9, 2014

Why Saudi Aramco Entrepreneurship Center, Wa’ed, Invested in PayTabs

Wa’ed Equity advocates an approach that differs from typical Venture Capital functions that focus exclusively on one objective: profit. At Wa’ed Equity, the focus is not only on profit, but also on the creation of quality jobs and economic diversification in the region. Therefore, it is a Venture Capital function with a multinational agenda supporting…

Awards & Recognition

PayTabs is honoured to win the ‘Fintech Company of the Year’ award at the Arabian Business Achievement Awards held in Kuwait

May 2018

Read more

PayTabs CEO and founder Abdulaziz Al Jouf recognized as top Fintech influencer in the Middle East

April 2018

Read the full story here

Best Global Online Payments Solution 2017, presented by World Payment Congress

February 2018

The World Payment Congress recognizes players in the fintech industry who are converging to create the next level of possibilities in payments. Pictured here: PayTabers all smiles upon clinching the award in Mumbai, India – a PayTabs hub.

Read more

Abdulaziz Al Jouf, Founder and CEO of PayTabs, awarded The Asian Banker Innovation Leadership Achievement Award 2017

November 2017

The Asian Banker is a global leading provider of strategic intelligence on the financial services industry.

Pictured here: CEO with officials at the event.

Enterprise Agility Achiever, in the category of Payment Solution of the Year awarded by the KSA Enterprise Agility Awards: Entrepreneur of the Year.

May 2015

PayTabs recognized for its contribution to facilitating simple and trusted payments in the e-commerce world.

Events Gallery

Badir Agreement Signing

Date: 14th May 2018
Venue: Riyadh, Saudi Arabia

PayTabs and Badir officials signed an agreement in Riyadh to foster mutual co-operation in the areas of referring prospective incubators, graduates and investors and also facilitating  workshops and training between the two entities.

Gateway Gulf Investor Forum

Date: 8 – 10 May 2018
Venue: Four Seasons, Manama.

We’re pleased to announce that PayTabs CEO & Founder Abdulaziz Al Jouf will speak at the inaugural edition of the Gateway Gulf Bahrain 2018, held under the Patronage of HRH Prince Salman Bin Hamad Al-Khalifa, Crown Prince and Chairman of the Economic Development Board.

Finding The Right Team (Tamkeen and Linkedin Workshop)

Date: 7th May 2018 from 5:30 PM to 8:00 PM
Venue: Al Majlis – Bahrain Chamber of Commerce – Sanabis

PayTabbers Aruni & Christine talked about the benefits of #LinkedIn in recruitment, head hunting, collaborations and networking

FinTech Night with Badir

Date: 6 May 2018
Venue: DTVC Auditorium, Dhahran, KSA

PayTabs Senior VP, Global Business Punit Thakker moderates a strategic discussion on fintech with participation from Khalid Saad – Bahrain FinTech Bay, Tareq Noor – Bahrain Economic Development Board Bader Sater – C5, Budoor Kamal – Rowad and hosted by Waed.

Women Power Summit 2018

Date: 6 & 7 May 2018
Venue: Isa Cultural Centre

PayTabs is proud to be associated with the Women’s Power Summit as the #payment gateway provider and payments partner. Catch our friendly team members who will be on hand at the summit to offer payment expertise and demos. #WPS2018


Euromoney Saudi Arabia Conference 2018

Date: 2 – 3 May
Venue: Al Faisal Hotel, Riyadh, KSA

PayTabs Chief Digital Officer Philippe Berard was featured on a special panel to discuss the SME Landscape in Saudi Arabia at the EuroMoney Conference in Riyadh.

AWS Summit Dubai 2018

Date: May 1, 2018
Venue: JW Marriott Marquis Hotel Dubai

#PayTabber Owais Manzoor, Senior Regional Business Manager, #PayTabs UAE attends the first Amazon Web Services Summit in Dubai on May 1, 2018, at the JW Marriott Marques in Business Bay. This event was designed not only to #educate and #inspire about AWS Product & Services,  but also help develop the #skills to design, deploy, and operate infrastructure and applications.

Seamless Middle East

Date: April 15 – 16, 2018
Venue: Dubai Exhibition & Convention Centre

PayTabers show off their swanky booth, E-Q20 at the Seamless #payments expo in Dubai. The team was on hand to offer unique payment solutions and present new products and apps launched with the intention of adding convenience to customers lives.

Step Conference

Date: March 28 – 29, 2018
Venue: Dubai internet city

#PayTabers Prem and Owais attend the #STEP Conference in Dubai. A #networking event focusing on Future tech & Automation, Blockchain & Fintech and Digital Content. The most #experiential Tech Festival you’ll see in 2018

EE2E – Endeavor Entrepreneurs to Ecosystem

Date: 27 – 28 March 2018
Venue: Jakarta, Indonesia

PayTabs CEO Abdulaziz Al Jouf and Senior VP Business Development & Strategy participate in EE2E – Endeavor Entrepreneurs to Ecosystem in #Jakarta on 27-28 March 2018.

The forum is designed to provide #entrepreneurs with a closer look at #Indonesia’s market and business climate by exposing them to business leaders, investors and high growth tech companies.

Startup Bahrain Week

Date: 3 – 8 March 2018
Venue: Bahrain International Circuit and others

From the lively Unbound Bahrain Festival, to an exclusive Meet the #Founders #networking reception, #Startup Bahrain week featured five events, four competitions, a hackathon and 50 speakers from Bahrain and the region.

Pictured: Highlights of PayTabs CEO Abdulaziz Al Jouf and Senior VP Business Development & Strategy, Punit Thakker, participating at these community-led initiatives .

Official Launch of Bahrain Fintech Bay

Date: 22 February 2018
Venue: Arcapita Building, Lobby & 3rd Floor, Bahrain Bay

As #Bahrain Economic Development Board and #Fintech Consortium announce the #launch of Bahrain Fintech Bay; PayTabs is privileged and honoured to be a founding partner of the largest dedicated Fintech Hub in the Middle East and Africa. Pictured here are PayTabers at the launch event.

To read the story, click here

GCC Financial Forum 2018

Date: 21 February 2018
Venue: Four Seasons Hotel, Manama

PayTaber and Chief Digital Officer Philippe Berard speaks on the panel  ‘Payments at the heart of the system’ at the GCC Financial Forum 2018 at the Four Seasons Hotel, Manama, Bahrain.

The forum was part of a series of events organized by the #Bahrain EDB to mark #FintasticBahrain Week.

Seamless Middle East

Date: An annual event that showcases the future of payments, fintech, ecommerce and retail
Venue: Dubai International Convention and Exhibition Centre, UAE

Establishing partnerships and collaborations are a core pillar of the payments world. Pictured here are PayTabers meeting and greeting clients and showcasing product innovations at past Seamless Middle East events.


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