Qatar’s digital payments ecosystem continues to gain momentum as SkipCash closes a $4 million Series A funding round, accelerating its expansion across the GCC and deepening investment in mobile-first payment technologies.
The round attracted participation from Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, Ula Capital, and Doha Tech Angels.
The investment comes on the back of strong operating momentum, with SkipCash processing over QAR 1 billion in transactions during 2025, underscoring rising adoption of contactless and mobile-based payments across Qatar.
Strengthening Qatar’s Smart Payments Infrastructure
The new capital reinforces SkipCash’s position as one of the country’s fastest-growing fintech players and reflects investor confidence in its mission to modernize payment and shopping experiences across both physical and digital channels.
SkipCash plans to deploy the funding to:
- Enhance its core technology infrastructure
- Accelerate deployment of its Tap-to-Phone mobile point-of-sale solution
- Expand into additional GCC markets
At the center of its strategy is an integrated payments ecosystem designed to reduce friction for merchants and consumers while supporting in-store, online, and mobile commerce environments.
Building an Integrated Payments Platform
“We are proud to close this round, which represents a pivotal milestone in SkipCash’s journey,” said Mohammed Abdulaziz Al-Delaimi, Founder and CEO of SkipCash.
He noted that the funding will support an ambitious product roadmap focused on simplifying payments and delivering seamless, high-quality experiences for both merchants and consumers—aligned with global best practices.
SkipCash positions itself not merely as a payment processor, but as a platform offering merchants smart tools to manage transactions, monitor performance, and operate securely and efficiently across channels.
Strong Market Traction
Founded in 2019, SkipCash currently serves more than 6,000 clients, spanning large enterprises, SMEs, and small merchants.
Its transaction volumes in 2025 highlight growing trust in mobile-based payment acceptance and signal a broader shift toward software-led, device-light payment infrastructure—particularly Tap-to-Phone solutions that eliminate the need for traditional hardware.
From Qatar to the GCC
With fresh Series A capital in place, SkipCash is preparing to expand beyond its home market as demand for contactless, mobile-first payment solutions accelerates across the Gulf.
As regulators, merchants, and consumers across the GCC push for faster, more flexible digital payments, SkipCash’s next phase will test its ability to regionalize its platform and compete at scale—moving from a national success story to a broader GCC fintech contender.
Source: Arabfounders Platform
