Paymee

History and Founding

Paymee was established in 2018 to address the need for accessible and secure payment processing in Tunisia and neighboring markets. The company was founded by entrepreneurs with backgrounds in technology and payments, though their names are not publicly disclosed. Initial development focused on building a cloud-based gateway that could integrate easily with e-commerce platforms and support multiple payment methods.

Business Model and Products

Paymee's core product is the Paymee Payment Gateway, a single API integration that allows merchants to accept credit and debit cards, mobile wallets (e.g., Orange Money, D17), and local Tunisian payment schemes. The platform includes a dashboard for real-time transaction monitoring, dispute management, and reporting. Paymee also offers recurring billing, subscription management, and payout capabilities, making it suitable for businesses with recurring revenue models. The company earns revenue through transaction fees charged to merchants.

Market Position and Competition

Paymee targets e-commerce, digital services, and iGaming/gambling sectors where reliable payment processing and fraud prevention are critical. The company faces competition from larger regional players such as Amazon Payment Services and Stripe, as well as local incumbents. Paymee's competitive advantages include localized knowledge, regulatory expertise in Tunisia, and a focus on customer support. However, its small team and limited geographic footprint constrain its ability to scale quickly.

Funding and Investors

Paymee has raised venture capital from AUC Venture Lab, P1 Ventures, Startup Tunisia, and The DOT. The exact amounts of funding rounds are not publicly disclosed, but the backing signals confidence in the company's technology and market traction. The funds have been used for technology development, regulatory compliance, and market expansion.

Licensing and Regulatory Footprint

The Paymee gateway is PCI DSS Level 1 compliant, indicating high security standards for processing card payments. The company operates under Tunisian financial regulations and has partnerships with local banks and mobile network operators to offer a wide range of payment options. Specific regulatory licenses beyond PCI DSS are not detailed in public sources.

Team and Leadership

As of 2026, Paymee employs approximately seven people, reflecting a lean, agile operation. Public sources do not disclose the names or titles of C-level executives or founders. The company's LinkedIn profile and website provide general information but lack detailed management bios. Given the small headcount, key roles are likely held by the founders, but this cannot be confirmed from available data.

Strategic Direction

Paymee aims to expand its geographic footprint beyond Tunisia into other North African and Middle Eastern markets. The company continues to enhance its platform with new features and integrations, focusing on reliability and uptime. Partnerships with mobile network operators and banks are central to its growth strategy. Maintaining PCI DSS compliance and adapting to evolving regulatory requirements will be critical for long-term success.