Moroccan Fintech PayTic Raises $4.4M to Scale Banking SaaS Platform
Apr 09, 2025
Casablanca-based fintech startup PayTic has secured $4.4 million in funding to accelerate the regional rollout of its SaaS platform, which helps banks and fintech companies automate daily operations and comply with regulatory standards. The round will support PayTic's expansion across Africa and the Middle East, where financial institutions are increasingly seeking infrastructure tools to streamline back-office workflows.
Founded to address inefficiencies in payment processing and card programme management, PayTic offers an end-to-end platform that integrates directly with the back-end systems of banks, card issuers, and payment processors. The software consolidates operational tasks into a unified dashboard, automating compliance checks, reconciliation processes, and data reporting—functions that are critical yet often remain manual in many financial institutions.
Unlike consumer-focused fintechs that cater to end-users, PayTic operates in a less visible but vital segment of the $47 billion global payments industry. PayTic currently works with more than 20 clients across the Middle East, Africa, and Europe. These include major institutions such as CIH Bank, CFG Bank, and Bank of Africa's processing arm OGS in Morocco, as well as BNI Madagascar. The company is preparing to enter new markets, including Nigeria.
The company's growth comes amid rising digitalisation efforts across African and Middle Eastern banking sectors, with increased demand for tools that improve efficiency, reduce error margins, and ensure compliance in fast-changing regulatory environments.
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