Qatari SkipCash closes $4 million Series A round to lead digital transformation of smart payments

SkipCash, a Qatar-based digital payments platform, has closed a $4 million Series A funding round backed by Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, and Doha Tech Angels.

The investment reinforces SkipCash’s position as one of Qatar’s fastest-growing fintech companies and supports its ambition to modernize payment experiences across physical retail and e-commerce channels.

The company will use the funds to strengthen its technology infrastructure, expand deployment of its Tap-to-Phone mobile point-of-sale solution, and pursue expansion into new GCC markets.

Founder and CEO Mohammed Abdulaziz Al-Delaimi said the funding will accelerate SkipCash’s mission to build an integrated payments ecosystem that simplifies transactions for merchants and consumers while aligning with global standards.

Founded in 2019, SkipCash now serves more than 6,000 clients across enterprises of all sizes and processed over QR1 billion in transactions during 2025.