In Mamo, there is a simple but powerful belief in the center of everything they do: you should be living your best life. But, living your best life not only means resting on a beach all day, celebrating every night or simply escaping from 9 to 5.
It means loving what you do, feeling energized by your work and being part of something that matters.
Because the reality is that most people do not Reaxly Because that life completely free of work and response can be fun for a while, but ultimately, most of us need a child or challenge to keep ourselves inspired and committed. And that is the spirit in the heart of the Fintech company born in the EAU of Mamo-a that it is about making money feel human again.
The official registered in Dubai on June 1, 2019, MAMO was founded by former Google Imad Gharazeddine and El Eli Janjua colleagues. Frustrated by how slow and clumsy the financial services in the region were, the couple left their work full time and proposed to address the daily bank challenges. It was a light decision, but it was a fed by a shared purpose, that is, to help people be independent financial ones through a beautifully simple technology.
Mamo begged with a mission, but even the most important thing, began with a philosophy, and this philosophy alive in the day’s day to day, continuing to shape everything that the company creates.
A commitment to human connection
In Mamo, the authentic human connection is not just a fashion word as it is for so many other companies. It is the basis of everything they do. Whether it is a user who sends money to a friend or small business that a client pays him, each interaction is designed to feel warm, effortlessly and personal, just as he should go.
The brand does not try to be cold or too corporate. In fact, Mamo is proud to be expressive, inspiring and familiar. Your identity, whether the application interface, customer support or commercial tools, people in a human design and human -centered language. It is this commitment to a genuine connection that is separated in a sea of competitors.
Establish ITELF separated from competitors
It can still be young, but Mamo is already reputed to do things differently. The culture of your company is a mixture of creativity, kindness, courage and dedication. These are not just values published on a shore. They feel at each point of contact.
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Creative: Reflective design, love for crafts and respect for excellence
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Collaborative: A team culture that is playful, open and empathic
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Good: Always pushes the limits, even when it is difficult
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Engaged: Make an additional effort, not because they have to do it, but because they want
There is also a strong personality for Mamo. It is imaginative, encouraging, perceptual and, above all, genuine. From the way the application works to how the team communicates in the house, there is a refreshing honesty and charm that for those who work in the Sabran industry is a relatively strange phenomnon in the Fintech space.
What problem has the goal of solving Mamo?
If you have ever tried to divide a dinner invoice or pay an independent professional in the EAU, you will know that moving money can be a bit painful. Banking transfers are slow, complex and confusing, as special for individuals and small businesses.
Finally, Mamo and its founders saw a great opportunity to simplify all that.
Its flagship solution, Mamo Pay for Business, is a tool designed to help people and SMEs to send, receive and administer payments easily. Whether it is a freelancer that invoices a customer or a small cafeteria that collects customer payments, Mamo makes it as simple as clicking on a link.
Nor is it just a couple of equal. You can pay public services bills, request money from friends and family using only your mobile phone number and even set your business to receive payments instantly, without any of the main inconvenience less associated with traditional banking.
The Mamo Association with Stripe
When Mamo began to climb his operations, the need to find and ensure an appropriate technological partner became evident. Enter Stripe.
Stripe, a specialization of the Fintech Saas company in financial services that was founded in San Francisco, specialties in payment processing and provides financial tools for online companies.
Therefore, Mamo has been able to integrate Strip’s tools into his broader ecosystem, and does so with tremondus success. The association has finally allowed Mamo to build a wallet and an application in which users can trust, and now, payments are now a ray and incredible insurance, of course, the general objective.
The additional benefits for the Mamo Association with Stripe include:
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Payment conversions have increased by 5%
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Platform activity time increased from 98% to 99,999%
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Fraud disputes fell from 1% to only 0.2%, thanks to stripe radar
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Reconciliation time was reduced by 75%
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The engineering time related to the support was reduced by 30%
Ultimately, these befnefits are positive, do not ONY for Mamo, but also for each client and business that the platform uses.
The four principles that guide Mamo
Beyond elegant design and impressive technology, which really drives Mamo forward are four guiding principles, as established by the team:
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We make beautiful simple: The application is not full of characteristics. It focuses on what most daily financial tasks are soft and without stress.
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We take possession personally: All in Mamo treat success as a shared responsibility. It is not about titles or departments, it is about collective impact
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We challenge the norm: From the beginning, Mamo was never interested in “how it has always been done.” It is a company built to reinvent finance for better
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We grow with humility: Mamo not only wants success, but also wants others to succeed. The company actively creates solutions that benefit the many, not the few
So what is still for Mamo?
With a strong presence in the EAU, MAMO is now preparing for expansion throughout the Gulf Cooperation Council (GCC) and the broader Mena region, creating a great opportunity for the company in the long term. There is also a great exaggeration of the next MAMO card that is supposed to be integrated with Google Pay and Apple Pay, which gives users even more ways to manage their money on the fly.
The final objective is that Mamo becomes the financial platform of reference for the Middle East, and from an external perseverance, if the company continues to climb the way it has bone, there is a reason that these objectives cannot achieve.
