In September 2018, Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco. TPAY provides a much-needed mobile payment solution in markets with low banking penetration and high mobile adoption. Leveraging the mobile network operator billing relationship and collection network, it enables consumers to purchase digital goods using their pre-paid airtime balance or post-paid phone bills.
- Sector: Financial Services
- Country / Region: Algeria, Egypt, Morocco, Tunisia
- Website: https://www.tpay.me/