When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand into new regions, they often need to onboard additional payment partners to meet different customer (and sometimes regulatory) needs, a process that comes with some hurdles.
That’s given rise to companies to help manage the process. Egypt’s MoneyHash — which helps merchants across the Middle East and Africa manage complex payment stacks more easily — has raised $5.2 million as it scales to target larger enterprises. The pre-Series A comes around a year after its last funding, when it announced a…
