What is SkipCash?
Founded in 2019, SkipCash is a Qatari fintech company dedicated to revolutionizing payments for both in-store and e-commerce transactions. The company offers mobile-based payment solutions and advanced digital payment gateways, enabling merchants to transition from traditional payment methods. SkipCash also provides smart tools designed for efficient and secure financial operations management, positioning itself as a key player in digitizing the shopping experience within Qatar and potentially beyond.
How much funding has SkipCash raised?
SkipCash has raised a total of $5.9M across 2 funding rounds:
Angel/Seed
$1.9M
Series A
$4M
Angel/Seed (2021): $1.9M, investors not publicly disclosed
Series A (2026): $4M led by KBN Group Holding, Qatar Islamic Insurance Group QPSC, Doha Tech Angels, and Qatar Development Bank
Key Investors in SkipCash
KBN Group Holding
KBN Group Holding is a leading Qatari private sector entity with decades of experience, focused on generating intrinsic value and increasing investment opportunities through technological advancements and sustainable business solutions.
Qatar Islamic Insurance Group QPSC
Qatar Islamic Insurance Group QPSC provides a comprehensive range of insurance products, emphasizing Islamic insurance principles to deliver surplus profit returns and tailored solutions for individual and corporate clients.
Doha Tech Angels
Doha Tech Angels is Qatar's premier investment club, focusing on seed-stage tech startups and providing strategic insights, mentorship, and global connections to empower emerging businesses.
What's next for SkipCash?
The substantial enterprise-level funding, particularly the recent strategic investment, indicates SkipCash is poised for significant scaling and market penetration. This capital infusion is expected to fuel further development of its payment technologies, enhance its merchant services, and potentially expand its geographical reach. The backing from prominent Qatari financial entities suggests a strong belief in SkipCash's business model and its potential to disrupt the regional fintech landscape. Future growth will likely involve strategic partnerships and continued innovation in digital payment gateways.
See full SkipCash company page
