Doha - Sharikat Mubasher: SkipCash, one of Qatar's leading digital payments companies, secured a strategic investment from Qatar International Islamic Bank (QIIB) to fuel its growth.
The investment will help SkipCash expand its digital payment infrastructure, accelerate product innovation, strengthen its merchant ecosystem, and introduce new financial technologies designed to simplify how businesses accept and manage payments, according to the official press release.
The company will also use the investment to support its regional expansion strategy across GCC markets through strategic partnerships and continued innovation.
The partnership with QIIB reinforces SkipCash's position as one of Qatar's fastest-growing fintech companies and provides a strong foundation for its long-term growth strategy.
Mohammed Al-Delaimi, Managing Partner of SkipCash, stated that the investment is a testament to the company’s vision to create world-class payment infrastructure from Qatar that empowers businesses and contributes to the future of digital commerce across the region. “Together, we look forward to expanding financial accessibility, supporting businesses of every size, and delivering smarter payment experiences that create long-term value for the economy."
Meanwhile, Abdulbasit Al Shaibei, Chief Executive Officer of QIIB, commented: “Our strategic investment in SkipCash reflects our confidence in the company's vision, leadership, and ability to deliver innovative payment solutions that support businesses and contribute to the country's digital transformation. We look forward to working together to create new opportunities that strengthen Qatar's fintech ecosystem and deliver greater value to customers and businesses alike."
SkipCash offers a comprehensive portfolio of digital payment solutions, including merchant acquiring, online payment gateways, payment links, QR payments, Tap to Phone (SoftPOS), mobile payment technologies, and integrated payment services that enable businesses to digitize payment acceptance securely, efficiently, and at scale.
