Generation Start-up: how three ex-Google executives are building Middle East’s Venmo – The National
- Date: 16-May-2022
- Source: The National
- Sector:Technology
- Country:Middle East
Generation Start-up: how three ex-Google executives are building Middle East’s Venmo – The National
When colleagues Asim Janjua and Imad Gharazeddine became flatmates after moving to Dubai in 2012, they had a tough time sorting their shared expenses.
The absence of a peer-to-peer app that would simplify fund transfers in a market that was only gradually embracing online payments became evident to the duo.
“We were divvying up our rents and our electricity bills and it was such a nightmare to send money through bank transfer. You have to log into a bank account [and provide an] IBAN number," says Mr Janjua, co-founder and chief experience officer of Mamo, a peer-to-peer payment app.
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