SkipCash
ActiveQR-code and 'Tap to Phone' mobile payment app for cardless consumer payments and affordable merchant payment acceptance
SkipCash is a Doha-based digital payments company offering a mobile app that lets consumers pay via QR code or phone-tap without a physical card, alongside spending analytics, receipt organization, and family accounts; it also provides affordable card acceptance infrastructure to merchants. Founded in 2019, it is licensed by the Qatar Financial Centre and regulated by the Qatar Central Bank, and in 2025 processed more than QAR 1 billion in merchant transactions across 10,000+ merchants.
Founders
Funding Rounds
Lead: Qatar Science and Technology Park (QSTP)
Investors: Qatar Science and Technology Park (QSTP)
July 2020 (exact day unknown). QSTP Product Development Fund award of QAR 700,000, converted at the 3.64 peg. Company's 2021 press release calls the seed 'the second round of investments' after this award. Also: https://thepeninsulaqatar.com/article/29/04/2021/Qatari-Fintech-startup-%E2%80%98SkipCash%E2%80%99-secures-QR7m-seed-round Confidence: confirmed (round 13, Gulf Times).
Lead: Qatar International Islamic Bank (QIIB)
Investors: Qatar International Islamic Bank (QIIB)
Labelled "strategic" by the source. Amount and stake undisclosed by both QIIB and SkipCash. Also: https://thepeninsulaqatar.com/article/23/07/2026/skipcash-secures-strategic-investment-from-qiib-to-accelerate-future-growth-and-expansion-plans https://www.wamda.com/2026/07/skipcash-attracts-strategic-investment-qatar-international-islamic-bank Confidence: confirmed (round 13, QIIB).
Investors: Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, Ula Capital, Doha Tech Angels
No source names a lead; QDB is listed first everywhere. CB Insights dates it 1 Feb 2026. Wamda states total raised to date of $6M after this round. Also: https://techafricanews.com/2026/02/04/skipcash-raises-4m-series-a-to-expand-digital-payments-across-gcc/ https://bridgemena.com/24149/ Confidence: confirmed (round 13, Wamda).
Investors: private Qatari investors
QAR 7M; Gulf Times/Peninsula print $1.92M, Wamda rounds to $2M. Investors unnamed. Also: https://www.gulf-times.com/story/690144/Qatari-fintech-startup-SkipCash-secures-QR7mn-seed-round-to-expand-infrastructure https://thepeninsulaqatar.com/article/29/04/2021/Qatari-Fintech-startup-%E2%80%98SkipCash%E2%80%99-secures-QR7m-seed-round https://www.wamda.com/2021/04/skipcash-raises-2-million-seed-round Confidence: confirmed (round 13, Zawya (company press release)).
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