PaySky
PaySky is a Cairo-based digital payment infrastructure provider offering the Yalla Super App, OMNI payment gateway, POS hardware/software, and white-label payment-as-a-service for banks, serving consumers, SMBs, enterprises, and telecom operators across 13+ MENA and African countries.
- Company typePrivate
- Founded2018
- HeadquartersCairo, Egypt
- Headcount251–500
- GTM typeB2B and B2C
- OfferingSoftware
What PaySky does
PaySky is a Cairo-headquartered digital payment solutions provider founded in 2018 that operates a cloud-based issuing and acquiring infrastructure across the Middle East and Africa. The platform spans a consumer-facing super app (Yalla Super App with Yalla Card), a multi-channel merchant payment gateway (OMNI), and a full suite of POS hardware and software (SmartBox Android POS, PayBox MiniPOS, PayBox Micro Bluetooth reader, VPOS SoftPOS, Pay Code QR), together with a white-label payment-as-a-service stack for banks and central banks that includes Control TMS, Billers Gateway, 3D Secure 2.0, tokenization, real-time payments, identity solutions, and closed-loop community payments. The company serves four primary customer segments — individuals/consumers, small and medium businesses, large enterprises, and banks/financial institutions — with an additional vertical focus on telecom operators and Hajj/Umrah visitors. PaySky is PCI DSS Level 1 certified and Visa-acknowledged (OTL).
PaySky monetizes through five distinct revenue streams: transaction processing fees across its POS, online, and mobile channels; subscription-based payment gateway services for SMB and enterprise merchants; white-label and licensing revenue from banks, central banks, and fintechs building on its infrastructure; POS hardware sales (SmartBox, PayBox, PayBox Micro); and recurring API/SDK integration services for developers on Magento, OpenCart, WooCommerce, PrestaShop, and CS-Cart. Pricing is quote-based and not publicly disclosed.
The company's go-to-market combines product-led growth via Yalla Super App, enterprise field sales to large banks and central banks, an API-first developer channel, and a channel-partner network including Egypt Post, MTN Group Fincommerce, Careem, and Arab Financial Services. PaySky reports a presence in 13+ countries (Egypt, UAE, Saudi Arabia, Qatar, Bahrain, Libya, Pakistan, Botswana, South Africa, Kuwait, and West Africa), regional offices in Dubai and Johannesburg, and notable enterprise wins including selection to build the Libyan National Payment Gateway (Moamalat) and partnerships with Citi Egypt, ADCB, and GIM-UEMOA. The Yalla Super App reached 1M+ users and EGP 2B+ in transaction volume by late 2022, and the company has been consecutively listed in Forbes Middle East's Fintech 50 for 2024 and 2025.
PaySky firmographics
Firmographics- Name
- PaySky
- Legal name
- Paysky Holding
- Website
- https://Paysky.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PaySky is a Cairo-based digital payment infrastructure provider offering the Yalla Super App, OMNI payment gateway, POS hardware/software, and white-label payment-as-a-service for banks, serving consumers, SMBs, enterprises, and telecom operators across 13+ MENA and African countries.
- Ownership category
- akta.pro rank
PaySky industry classification
Industry- Product category
- Digital Payment Solutions
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Digital Payments & Money Movement (ACH/SEPA/FPS, Bill Pay, P2P) (FSAGAAAF), Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where PaySky is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices3 records
Markets served
PaySky business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Transaction Processing Fees: Paysky charges transaction fees for processing digital payments through its various channels including POS terminals, online payments, and mobile payments. This is the core revenue driver as a payment solutions provider (PSP).
- Payment Gateway Services: Revenue from providing OMNI payment gateway services to large and small businesses for managing payment collection across e-commerce, subscriptions, in-store, and delivery operations.
- White-Label/Platform-as-a-Service for Banks: Paysky offers white-labeled, top-notch payment solutions for banks, central banks, and fintechs to build their own innovations and custom user experiences on top of Paysky's infrastructure.
- POS Hardware Sales: Revenue from sale of POS hardware including SmartBox (Android PDA POS), PayBox (MiniPOS), and PayBox Micro (Bluetooth card readers).
- API/Developer Integration Services: Revenue from providing APIs, SDKs, and integration services to developers and merchants building payment experiences into their applications.
Go-to-market motion5 records
Distribution channels6 records
Marketing channels6 records
PaySky product offering
Product offeringCore offering
PaySky provides cloud-based digital payment infrastructure and solutions across the MENA and Africa regions. Its core offerings include the OMNI multi-channel payment gateway, a suite of POS hardware and software (SmartBox Android POS, PayBox miniPOS, PayBox Micro Bluetooth reader, and VPOS SoftPOS), the Yalla Super App for consumer digital financial services, and white-label payment-as-a-service platforms for banks, central banks, and fintechs including tokenization, 3D Secure 2.0, terminal management, billers gateway, and national payment gateway deployment.
Product overview
PaySky is a digital payment solutions provider offering a comprehensive platform architecture comprising multiple interconnected products and services. The portfolio includes the Yalla Super App (core consumer product with Yalla Card) for individuals, the OMNI Payment Gateway (core infrastructure product) serving both business and bank segments, and various POS/terminal solutions (SmartBox, PayBox, PayBox Micro, VPOS) for merchant acquisition. Supporting products include Invoice Cloud, Store Cloud, Pay Code QR payments, E-Receipt, and a suite of bank solutions (Control TMS, Billers Gateway, 3D Secure 2.0, Tokenization, Real-Time Payments, Identity Solutions, Digital Communities). The platform provides white-labeled, payment-as-a-service solutions for banks, central banks, and fintechs. Recent innovations include Pay by Bank and E-Tokenization services. The company operates across the MENA and Africa regions with presence in Egypt, UAE, Saudi Arabia, Qatar, Bahrain, Pakistan, Libya, Botswana, and West Africa.
Differentiator
Problem solved
Functional benefit
Brands
- Yalla Super App: Digital financial services super app offering individuals access to simple, rich, and futuristic digital financial services including payments, investments, and money management.
- Yalla Card
- OMNI Payment Gateway
- SmartBox
- PayBox
- VPOS
- Invoice Cloud
- Store Cloud
- Pay Code
- Yalla Invest
Products and services
- Yalla Super App Digital financial services super app for individual consumers offering simple, rich, and futuristic digital financial services including payments, investments (Yalla Invest for gold), card management via Yalla Card, rewards programs, and money management. First super app in Egypt and the MEA region.
- OMNI Payment Gateway
Quantifiable outcome
- 1 million+ users acquired in 8 months by Yalla Super App
- +4 more outcomes
Companies that use PaySky
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles6 records
PaySky technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature13 records
PaySky partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core, supporting and major.
- EVC (Experts Vision Consulting)coreEVC, a leader in digital transformation, smart cities, and crowd management, signed a partnership with Paysky to develop 'Zumrah,' an integrated digital payments platform for Hajj and Umrah visitors in Saudi Arabia. The platform will offer payments, bookings, and logistics services to enhance visitor experience and support Saudi Vision 2030 objectives.
- MTN GroupcorePaysky showcased revolutionary fintech solutions at the first MTN Fintech Summit 2025 in Johannesburg, South Africa.
- VisacorePaysky unveiled 'Pay by Bank' at Seamless Middle East 2025 in Dubai, a direct payment innovation powered through Visa partnerships.
- MTN Group FincommercecorePaysky partnered with MTN Group Fincommerce to revolutionize e-commerce in Africa, leveraging MTN's extensive mobile money and telecom infrastructure across African markets.
- GIM-UEMOA (Groupement Interbancaire Monetique de l'UEMOA)coreGIM-UEMOA, the international organization in charge of electronic monetary transactions for West Africa (16 countries), partnered with Paysky to revolutionize financial services in West Africa.
- CareemcoreCareem partnered with Paysky to enable instant payments for Captains through the Yalla platform. 20-25% of Careem trips are paid by cards, with Captains preferring to be paid digitally through the integration.
- Easy CashsupportingPaysky cooperates with Easy Cash company to provide the latest electronic payment solutions for institutions, merchants, and individuals.
- Moamalat Financial Services (Libya)corePaysky was selected by Moamalat Financial Services to build and deploy the Libyan National Payment Gateway (NPG), a national payment infrastructure project.
- EDC (Emirates Digital Cash)majorPaysky Solutions and EDC signed a strategic partnership agreement in UAE for digital payment solutions.
- Citi EgyptmajorMarket-reshaping partnership with Citi in Egypt to provide digital payment solutions in the high-potential Egyptian market.
- Arab Financial Services (AFS)majorAFS and Paysky partnered to launch AFS Pay, transforming merchant smartphones into payment terminals across Bahrain and the broader region.
- WaffarhasupportingPartnership agreement to avail Waffarha's special offers to Paysky's Yalla Super App users.
- Aman For Financial ServicessupportingPartnership to extend Paysky's services to Aman For Financial Services and AMAN for E-Payments customers.
- Egypt PostcorePaysky signed a strategic partnership agreement with Egypt Post, one of Egypt's largest government institutions, to launch the Yalla digital platform and provide financial and government services through the postal network.
- Department of Economic Development, Government of Dubai (DED)coreMOU signed with Dubai DED to support digital payment infrastructure and innovation in Dubai.
- Abu Dhabi Commercial Bank (ADCB)majorADCB, Visa, and Paysky partnered to transform merchant smartphones into payment terminals, enabling small merchants to accept digital payments without dedicated POS hardware.
Scale indicators6 records
Recent moves14 records
Expansion highlights6 records
PaySky competitors and assessment
Company assessmentDirect peers
- Fawry: Egypt's largest electronic payments network offering bill payment, mobile wallets, and merchant acquiring. Directly competes with PaySky on Egyptian SMB acquiring, bill pay, and consumer payments, and is the most established Egyptian peer for the Yalla Super App use case.
- MNT-Halan: Egyptian fintech super-app offering payments, lending, and consumer finance to underbanked Egyptians. Comparable to PaySky in combining consumer financial services with merchant/SMB payments infrastructure within the same Egyptian market.
- Tap Payments: MENA-headquartered payment gateway and acquiring platform serving merchants and businesses across the Gulf and wider Arab world. Directly comparable to PaySky's OMNI gateway proposition, with similar SMB and enterprise focus and overlapping geographies (Egypt, UAE, KSA).
- HyperPay: MENA-based online payment service provider offering payment gateway, merchant acquiring, and digital wallets across the Arab region. Competes head-to-head with PaySky on payment gateway services and is a relevant peer for SMB and enterprise online payment acceptance.
- OPay: Africa-focused mobile payment and fintech super-app operating across Nigeria, Egypt, and other African markets with consumer wallets, merchant acquiring, and lending. Comparable to PaySky on super-app + acquiring + emerging-market financial-inclusion thesis, particularly relevant given PaySky's MTN-driven Africa push.
- Flutterwave: Pan-African payments technology company providing payment infrastructure for merchants and banks across multiple African countries. Comparable to PaySky on the cross-border African acquiring/payment gateway thesis, especially given PaySky's MTN Fincommerce partnership.
Broad incumbents
- Network International: Large MEA-focused payment processor providing acquiring, issuing, and processing for banks and merchants across the Middle East and Africa. Overlaps with PaySky's OMNI gateway and white-label bank infrastructure offerings, but at materially greater scale and a broader product portfolio.
- Arab Financial Services (AFS): Bahrain-headquartered regional payment processor offering issuing, acquiring, and processing services across MENA. Both a partner (AFS Pay with PaySky) and a peer — competes with PaySky's white-label payment-as-a-service and gateway offerings at the bank-tier level.
Emerging players
- Telda: Egypt-based digital consumer banking app offering a mobile-first banking experience with cards and payments. Adjacent peer — competes more narrowly on the consumer wallet/super-app side rather than the full PSP stack that PaySky offers to banks and merchants.
Regional players
- PalmPay: Africa-focused mobile payment and digital wallet platform operating across Nigeria, Ghana, and other African markets with strong agent banking distribution. Comparable to PaySky's emerging-market payments + super-app positioning, though focused on West Africa rather than MENA.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
PaySky social profiles
Digital presencePaySky compliance and trust
Trust signalCompliance1 record
PaySky financial estimates
Financial estimateRevenue estimate
Valuation estimate
PaySky leadership team
Management profileNumber of profiles
Profiles2 records
PaySky funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PaySky M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PaySky
What does PaySky do?
PaySky provides cloud-based digital payment infrastructure and solutions across the MENA and Africa regions. Its core offerings include the OMNI multi-channel payment gateway, a suite of POS hardware and software (SmartBox Android POS, PayBox miniPOS, PayBox Micro Bluetooth reader, and VPOS SoftPOS), the Yalla Super App for consumer digital financial services, and white-label payment-as-a-service platforms for banks, central banks, and fintechs including tokenization, 3D Secure 2.0, terminal management, billers gateway, and national payment gateway deployment.
Is PaySky a public or private company?
PaySky is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PaySky founded?
PaySky was founded in 2018. It employs 251 to 500 people.
Where is PaySky based?
PaySky is headquartered in Cairo, Egypt, in the Africa region.
How does PaySky make money?
Five revenue lines are on record. Transaction Processing Fees are the primary driver. The others are payment Gateway Services, white-Label/Platform-as-a-Service for Banks, POS Hardware Sales and API/Developer Integration Services.
Who are PaySky's main competitors?
Direct peers on record are Fawry, MNT-Halan, Tap Payments, HyperPay, OPay and Flutterwave. Broad incumbents are Network International and Arab Financial Services (AFS). Telda is listed as an emerging player. PalmPay is listed as a regional player.
Does PaySky have an API?
Yes. Paysky provides rich libraries, plugins, code samples, SDKs & APIs for developers to build seamless payment experiences within their apps, websites or e-commerce platforms with comprehensive documentation, superior technical support & active developers community forum.
What industry is PaySky in?
PaySky's product category is Digital Payment Solutions. Its primary akta.pro industry code is FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 52232 and its SIC code is 6199.