Qatar-based fintech startup Dibsy has raised $300,000 in a pre-Seed funding round, led by Salem Khalaf Al Mannai with participation from local angel investors. The investment was closed late last year.
Founded in 2020 by Ahmed Isse, Loyan Farah, and Anouar El Mekki, Dibsy offers online and offline businesses a platform to accept various forms of online payments with a simple integration model.
Supported by Qatar Financial Centre, the startup plans to use the funds to grow its market share in Qatar, expand its payment solutions offering, and invest in talent and business development.
The Qatar-based fintech company aims to revolutionise payment transactions in the Mena region.
With the funding, Dibsy will invest in new hires and business development to grow its market share in Qatar. The company will also broaden its scope to offer more services around its payment solutions.
Businesses in Qatar will be able to accept payments with a quick click, whether they have an online storefront or not. Dibsy will change the region's payments landscape.
As the country embraces digital transformation, the demand for quick, easy, and online payments is rising. Dibsy has set out to fuel the growth of digital payments, enabling both online and offline businesses to accept multiple forms of payments in one place.
Keeping this in mind, instead of spending many weeks and a lot of money into setting up a digital payment solution for their businesses, business owners can now set up online payments very quickly—they can in fact start selling in a matter of days. Dibsy has an easy registration process that eliminates layers of bureaucracy and paperwork for business owners.
“Businesses can now use Dibsy to get everything up and running very quickly with our simple onboarding.”
— Ahmed Isse, Co-Founder
Dibsy offers affordable, straightforward onboarding and fast integration with simple APIs. With this tool, business owners can accept payments through their website, apps, or messaging platforms. Merchants that have not yet moved their businesses online will significantly benefit from this technology, allowing them to send payment links to customers using SMS, WhatsApp, email, or on social media platforms.
“Our tool will have an easy integration for online checkouts“ — Anouar El Mekki, Co-Founder
Dibsy recognizes that customer service is a notable setback for many of its competitors and sets high priorities into putting merchants first. The company will offer merchants’ services and world-class support to businesses in many industries.
“We started Dibsy to enhance payment services with businesses in mind.” — Loyan Farah, Co-Founder
Founded by Ahmed Isse, Loyan Farah, and Anouar El Mekki - three prominent faces in Qatar's digital technology space. The company was able to secure $300,000 in pre-seed funding led by Salem Khalaf Al Mannai and local angel investors. Dibsy is also supported by Qatar Financial Centre.