Abdulaziz Fahad Al-Jouf, Founder and CEO of Payment Processing Company ‘PayTabs’

Abdulaziz Fahad Al-Jouf is the founder and CEO of PayTabs, a payment processing company founded in Saudi Arabia in January 2014 and now based in Bahrain.

He graduated from Riyadh’s Imam Muhammad Ibn Saud Islamic University in 1999 with a bachelor’s degree in Islamic business and subsequently obtained a bachelor’s degree in information technology from the University of Nebraska-Omaha and a master’s degree in e-business from the New York Institute of Technology.

PayTabs was founded in 2013 after Al-Jouf “faced problems finding a suitable payments gateway for one of his business startups … and figured there would be many others with the same issues.”

PayTabs was, according to Al-Jouf, “taken under the wing” of Saudi Aramco’s entrepreneurship scheme “Wa’ed” and made headlines in August 2017 when it raised $20 million investment from unnamed sources.

In 2018 PayTabs was recognized by Forbes Middle East as No. 1 among “the top 20 Fintech startups to watch.”

In the same year, Al-Jouf was featured on the cover of Arabian Business magazine, and PayTabs was named “Fintech Company of the Year” at the Arabian Business Achievement Awards.

source/content : arabnews.com

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Abdulaziz Fahad Al-Jouf

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SAUDI ARABIA / BAHRAIN