Running an online business isn’t easy, especially when it comes to handling payments. As companies grow and expand into new regions, they often need to juggle multiple payment providers to meet customer and regulatory demands. This can get messy fast. Enter MoneyHash, an Egyptian fintech startup that’s making waves by simplifying this process for merchants across the Middle East and Africa. The company just announced a $5.2 million pre-Series A funding round, bringing its total raised to over $12 million since its launch in 2021. Founded by Nader Abdelrazik and Mustafa Eid, MoneyHash specializes in “payment orchestration,” a fancy term for helping businesses manage their payment systems more efficiently. Here’s the problem: integrating multiple payment providers can be a headache. It’s time-consuming, technically challenging, and often leads to higher costs and lower performance. In regions like Africa and the Middle East, where payment methods and currencies vary widely, these challenges are even more pronounced. MoneyHash steps in with a solution, offering a unified platform that connects over 300 payment providers, including big names like Stripe, Adyen, and Fawry. The platform isn’t just about convenience—it’s about boosting performance. MoneyHash claims its tools can help businesses improve revenue by 10-20% while slashing development costs by up to 90%. Features like advanced fraud prevention, customizable checkouts, and detailed reporting make it a one-stop shop for merchants. Originally focused on smaller businesses, MoneyHash has recently shifted its attention to larger enterprises. This move has paid off, with enterprise clients now making up 35% of its customer base. Big names like BNPL giant Tamara and e-commerce leader Brands For Less are already on board. The latest funding round was led by Flourish Ventures, with participation from Saudi’s Vision Ventures and other notable investors. Abdelrazik, the CEO, credits the company’s enterprise-focused strategy for its rapid growth, noting a 4x increase in processing volume and a 3x revenue jump over the past year. With digital payments still in their early stages in many emerging markets, MoneyHash sees massive potential for growth. As Abdelrazik puts it, “We’ve built MoneyHash to turn payments from a liability into a strategic advantage.” And with this new funding, the company is well-positioned to do just that. ---