Qatar based fintech SkipCash has secured $4 million in Series A funding. The round supports its plan to expand smart payment solutions across the Gulf. The company processed over QAR 1 billion in transactions during 2025. This milestone reflects strong demand for mobile first payment systems in the region.
Fueling Growth With Strategic Capital
The funding round attracted a strong group of regional investors. Participants include Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, Ula Capital, and Doha Tech Angels.
The capital will help SkipCash scale faster and strengthen its core offerings.
Key focus areas include:
- Upgrading core payment technology
- Expanding Tap to Phone deployment
- Entering new GCC markets
Investors see SkipCash as a key player in the region’s digital payments shift.
Strengthening Smart Payments in Qatar
SkipCash continues to build modern payment infrastructure for Qatar. The company supports both physical and digital commerce channels. Its solutions reduce friction for merchants and improve customer checkout experiences.
The company plans to:
- Improve platform reliability and speed
- Support high transaction volumes
- Enable secure mobile based acceptance
This strategy aligns with Qatar’s push toward cashless payments and digital commerce.
Building an Integrated Payments Platform
SkipCash positions itself as more than a payment processor. It offers merchants tools to manage transactions, reporting, and financial workflows. The platform focuses on simplicity and security.
Founder and CEO Mohammed Abdulaziz Al Delaimi described the round as a major milestone. He stated that the company aims to remove payment complexity and deliver seamless experiences. The roadmap follows global payment standards while addressing local market needs.
Core platform strengths include:
- Mobile based point of sale technology
- Secure digital payment gateways
- Unified tools for in store and online sales
Strong Market Adoption and Traction
SkipCash serves more than 6,000 clients across Qatar. These include large enterprises, mid sized businesses, and small merchants. Adoption continues to rise as businesses seek flexible payment options.
In 2025 alone, the platform processed transactions worth more than QAR 1 billion. This growth highlights strong trust in Tap to Phone and mobile payment tools. It also shows rising consumer preference for contactless payments.
Expanding From Qatar to the GCC
Founded in 2019, SkipCash focuses on simplifying shopping and payments. The company supports both retail and ecommerce use cases. With fresh funding, it now prepares for regional expansion.
The GCC presents strong opportunities due to high smartphone use and digital readiness. SkipCash plans to enter new markets where demand for mobile first payments continues to grow.
This Series A round positions SkipCash to become a regional fintech leader. The company now moves forward with scale, speed, and ambition.