Doha – Sharikat Mubasher: SkipCash, a Qatari digital payments platform, announced the closure of a $4 million Series A funding round with participation from Qatar Development Bank, Qatar Islamic Insurance Company, KBN Holding Group, Finjan Venture Investments, and Doha Tech Angels.

As per the company’s press release, SkipCash plans to use the new capital to strengthen its technology infrastructure, expand deployment of its mobile-based point-of-sale solution, Tap-to-Phone, and support its expansion into new GCC markets.

The investment reinforces SkipCash’s position as one of Qatar’s fastest-growing fintech companies and reflects investor confidence in its strategy to streamline payment and shopping experiences across both physical and digital channels.

Mohammed Abdulaziz Al-Delaimi, Founder and CEO of SkipCash, said the round marks a key milestone for the company, enabling it to accelerate the development of an integrated payments ecosystem designed to simplify transactions for merchants and consumers alike.