Egypt’s MoneyHash strengthens presence in Bahrain with EazyPay partnership

Egyptian payment orchestration startup MoneyHash has partnered with Bahrain-based payment service provider and acquirer EazyPay to expand access to payment gateways in Bahrain for regional and global merchants. Founded in 2021 by Nader Abdelrazik and Mustafa Eid, MoneyHash offers a proprietary payment orchestration platform and end-to-end payment operating system and has been broadening its international footprint after a successful beta in 2022 and a recent enterprise launch.

“Growth in markets like Bahrain requires more than access, it requires control over how payments are routed, optimized, and scaled,” said Abdelrazik.

Context and details

MoneyHash’s partnership with EazyPay is positioned as a strategic move to provide merchants with locally regulated and trusted payment infrastructure in Bahrain while maintaining consistent payment operations across markets. EazyPay is described as the first Central Bank of Bahrain-licensed PSP within MoneyHash’s ecosystem, enabling access to a regulated acquirer and a suite of local payment acceptance options.

The startup first ran a beta in 2022 that attracted regional customers including Foodics, Rain and Tamatem. It launched an enterprise suite in October last year targeting large enterprises, and earlier this year secured US$5.2 million in pre-Series A funding as it prepares for global expansion. MoneyHash has recently agreed partnerships in Saudi Arabia, the UAE and Iraq, and the deal with EazyPay extends that network into Bahrain.

• Founders: Nader Abdelrazik and Mustafa Eid
• Founded: 2021
• Notable early customers (beta): Foodics, Rain, Tamatem
• Product milestone: Enterprise suite launched in October
• Funding: US$5.2 million pre-Series A earlier this year
• Recent market partnerships: Saudi Arabia, the UAE, Iraq, and now Bahrain (with EazyPay)

Through the EazyPay partnership, MoneyHash says merchants will be able to align with a licensed local acquirer offering capabilities such as POS acquiring, broader access to payment gateways in Bahrain, and support for emerging digital payment options. The tie-up also aims to support interoperability with digital banks in Bahrain and to allow merchants to expand into the market without rebuilding their payment stack for each new jurisdiction.

Outlook

The collaboration with EazyPay forms part of MoneyHash’s stated strategy to deepen its presence in Gulf markets by combining its orchestration layer with locally regulated infrastructure. For merchants operating across the region, the company positions this approach as a way to preserve consistent routing, optimization and scaling of payments while leveraging trusted local partners. With the pre-Series A capital in hand and an enterprise product suite, MoneyHash appears focused on converting these regional partnerships into broader commercial traction as it scales beyond Egypt into Bahrain and other Gulf markets.