MoneyHash recently raised $4.5 million to combat payment failures across the MEA region, despite a significant funding slowdown. They achieved this remarkable feat by tripling their revenue and increasing transaction volume by an astonishing 3,000% post-beta, making them a highly attractive investment.
Unlike many companies in the Middle East and Africa that replicate successful Western models, MoneyHash competes head-to-head with international players, standing on equal footing with their Western counterparts.
Nader is also passionate about the pressing issue of brain drain and the need for more category-defining companies in the region to retain top talent.
What We Discuss With Nader
• Identifying the need for a payment orchestration platform in the MEA region and the challenges initially faced.
• What differentiates MoneyHash's platform from other payment gateways in Africa?
• How does MoneyHash address payment failures, and what impact does this have on businesses in Africa?
• How businesses can expect to see a 10–20% increase in revenue through MoneyHash's solutions.
• What factors contributed to the tripling of revenue and the 3,000% increase in volume post-beta?
Did you miss my previous episode where I discuss Resilience, Creativity and Building Tech for Real Sectors: The Story of a Serial Entrepreneur Building in Africa? (https://www.buzzsprout.com/1901592/15411392) Make sure to check it out!
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Connect with Terser on LinkedIn at Terser Adamu (https://www.linkedin.com/in/terseradamu/) , and Twitter (X) @TerserAdamu (https://twitter.com/TerserAdamu)
Connect with Nader on LinkedIn at Nader Abdelrazik (https://www.linkedin.com/in/naderfahim/) , and Twitter (X) @naderfahim87 (https://x.com/naderfahim87)
Discover how Verto’s solutions can help you accept payments, manage expenses, and scale with ease here (https://www.vertofx.com/About-Us/Resources/Whitepapers-and-Reports/overcoming-common-payment-bottlenecks/?utm_campaign=15447603-2025_06_nig_Verto%20Corner_Unlocking%20Africa&utm_source=unlocking%20africa%20podcast&utm_medium=whitepaper)