MoneyHash builds a payment-orchestration platform that aggregates payment providers via a unified API to simplify pay-in/pay-out, customizable checkout, transaction routing, fraud prevention, failure-rate optimization and reporting. The company also supports recurring payments, virtual wallets, subscription management and payment links, and says it has 300+ pre-integrated APIs covering 100+ markets with partners such as Adyen, Amazon Pay, Checkout, Fawry, Mono, Stripe, Tabby and ValU. Founded in early 2021 by Nader Abdelrazik and Mustafa Eid, MoneyHash initially targeted small merchants and in early 2024 launched an enterprise suite to pursue larger enterprises. Enterprises now account for 35% of its customers (a threefold increase in 2024), and the company reports a 4x increase in processing volume and a 3x revenue increase over the past year. Management says the product helps clients improve authorization, conversion and fraud metrics and reduce go-to-market and development costs. The company is scaling commercially across the Middle East and Africa and positioning payments as a strategic advantage for merchants in emerging markets. MoneyHash offers a unified payment orchestration platform with a single API that integrates pay-in and pay-out rails, a fully customizable checkout, transaction routing with fraud and failure optimizers, and a centralized reporting hub. Its product suite also supports virtual wallets, subscription management and payment links to address fragmented payment methods across MEA markets. After a beta in 2022 and an enterprise suite launch last October, the company says it has tripled revenue and grown processing volume by 3,000% over the past year. MoneyHash currently serves 50 active paying customers and hosts over 100 sandbox users in assessment. The platform charges a combination of SaaS and transaction fees starting at $500 plus 0.4%, with SaaS fees rising and transaction fees declining for larger enterprises. The company plans to use the new capital to further invest in its technology and expand growth across the region while deepening integrations with payment service providers. MoneyHash provides a unified “super-API” that sits on top of local and global payment providers to simplify integrations, checkout experiences, transaction routing, subscription management and invoicing. The product targets merchants operating across African and Middle Eastern markets, where payment methods, currencies and integrations are fragmented. The company emerged from beta after onboarding 17 companies to its sandbox, of which five are active, paying customers; pricing ranges from $150–$1,000 per month plus transaction fees starting at $0.10. MoneyHash was founded in late 2020 by Nader Abdelrazik, Mustafa Eid and Anisha Sekar, who together have over 30 years of experience at firms including Microsoft, UpWork, NerdWallet and Sigfig. The team of about 15 spans the U.S., Egypt, the UAE, Nigeria and parts of Europe. MoneyHash plans to expand integrations across the Middle East, North Africa and later sub-Saharan Africa, hire mid- and senior-level engineers, and use the new funding to accelerate regional growth.

Total raised

$13M

Funding rounds

3

Latest round

Series A

Latest activity

Jan 2025