SkipCash raises $4M Series A to scale its digital payments platform across the GCC, supporting more than 6,000 merchants and processing over QAR 1B in transactions.
SkipCash has raised $4 million in Series A funding to accelerate the expansion of its digital payments infrastructure across Gulf markets, tapping into the region’s fast-growing demand for cashless transactions.
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The round was backed by Qatar Development Bank, Qatar Islamic Insurance Group (QIIG), KBN Group Holding, Finjan Investments, and Doha Tech Angels, signalling strong institutional and private-sector confidence in the company’s growth trajectory.
The fresh capital will be used to scale SkipCash’s payment infrastructure, deepen merchant integrations, and expand its footprint across key GCC markets, as governments and businesses push for broader adoption of digital payments.
SkipCash currently serves more than 6,000 merchants and processed over QAR 1 billion in transactions in 2025, underscoring its growing role in the Gulf’s digital commerce ecosystem. The company provides merchants with tools to accept and manage digital payments, positioning itself as a core infrastructure layer for everyday transactions in the region.
Why SkipCash Series A Matters to the GCC
Digital payments are becoming a foundational layer for economic diversification across the Gulf, driven by Vision 2030–style reforms, SME digitization, and rising consumer expectations for seamless, cashless experiences. Platforms like SkipCash benefit from strong policy tailwinds, as regulators encourage formalization, transparency, and financial inclusion.
For investors, payment infrastructure offers high-volume, recurring transaction flows and defensible network effects—especially in markets where merchant digitization remains uneven. SkipCash’s traction highlights how local players are emerging to compete alongside global payment giants by focusing on regional needs and regulatory alignment.
