Mamo

Mamo is a financial technology startup based in the United Arab Emirates that offers a platform to help businesses consolidate payment collection, corporate cards, and expense management. Their slogan "Payments in. Payments out. One platform." highlights the core value proposition of their product. Since its establishment in 2019, Mamo has gained traction in the Financial Services, Fintech, and Payments industries.

The most recent investment in Mamo took place on 25 July 2024, with a $3.40M Seed Round investment. The investors in this round include 4DX Ventures, Dubai Future District Fund, and Cyfr.

With over 1,000 companies already utilizing Mamo's platform to enhance revenue collection, manage expenses, reduce costs, and automate financial operations, the startup has demonstrated its ability to address key pain points in the business finance sector. Mamo's success in attracting notable investors and its growing client base underscore its potential for impact and expansion within the fintech landscape.