Finance Monthly - FinTech Awards 2023

ABOUT PAYTABS In 2015, when Saudi entrepreneur Abdulaziz Al Jouf sketched the concept of an affordable payment gateway on a Starbucks napkin for investors, his objective was to assist merchants in the MENA region to obtain a secure online payments solution. Being the first home grown company to provide seamless B2B ecommerce solutions to SME’s PayTabs become an early starter in the space termed “fintech”. Backed by private Saudi investment, PayTabs in-built and exported a full stack of game changing mobile applications, hospitality, governmental, education, airline, travel, transport, and biller solutions, to interlink the multi-billion-dollar enterprise market chain in the MENA region. By launching PayTabs SwitchOn, the real time, integrated, turnkey platform, PayTabs has claimed its rightful position as a global end-to-end payments’ solutions powerhouse. In 2018 PayTabs was recognized by Forbes Middle East as No. 1 among “the top 20 Fintech startups to watch.” In the same year, PayTabs was named “Fintech Company of the Year” at the Arabian Business Achievement Awards. Both PayTabs and Al-Jouf are regularly covered by global media outlets, including Bloomberg, Reuters and CNBC. VISION Pioneer and lead next generation payments and merchant payment solution services. MISSION To power the tomorrow of payments VALUES Everything we do at PayTabs is led by the following values which define our goals, and the ways we wish to achieve them. Our values are the foundation of our business culture and are embedded in daily operations. We believe these values provide both us and our stakeholders a competitive advantage. ABOUT ABDULAZIZ FAHAD AL-JOUF Abdulaziz Fahad Al-Jouf is the founder and CEO of PayTabs, a payment processing company founded in Saudi Arabia in January 2014 and now it has offices is the Kingdom, UAE, and Egypt. He graduated from Riyadh’s Imam Muhammad Ibn Saud Islamic University in 1999 with a bachelor’s degree in Islamic business and subsequently obtained a bachelor’s degree in information technology from the University of Nebraska-Omaha and a master’s degree in e-business from the New York Institute of Technology. “Being the first home grown company to provide seamless B2B ecommerce solutions to SME’s PayTabs become an early starter in the space termed fintech.” Finance Monthly FinTech Awards 2023. Saudi Arabia 55

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