SUCCESS STORY : Abdulaziz Al Jouf, founder of PayTabs

A passionate innovator, Abdulaziz Al Jouf is behind PayTabs, a major financial solutions organization that has left its mark on the Middle Eastern entrepreneurial landscape.

PayTabs is a Saudi-based company present in over 21 regions worldwide. It offers financial solutions for simplified and secure online payments. 

Backed by numerous partnerships across the globe and the constant upgrading of its services, PayTabs enjoys favorable media coverage and a steady stream of awards.  

Today, over 12,000 companies in the Middle East, India and the Philippines use PayTabs, making it a major player in electronic finance.

Abdulaziz Al Jouf began his studies at the Imam Muhammad Ibn Saud Islamic University in Riyadh. In 1999, his thirst for knowledge led him to the University of Nebraska at Omaha, where he specialized in new technologies. The diligent student finished his academic career in style at the New York Institute of Technology. He graduated with a master's degree in technology and e-commerce.

It was in the middle of his graduate studies in Omaha that the future entrepreneur was plunged into the professional world when he was recruited by Aramco, Saudi Arabia's major oil company. Starting in 2008, he founded two companies in quick succession. The first, Aracco Holding, specializes in international trade in construction and maintenance projects. The second, Saletab, is dedicated to the sale of branded products at reduced prices. While these two start-ups help reinforce Abdulaziz Al Jouf's reputation as an accomplished entrepreneur, his ambition is far from over. 

Aware of the logistical challenges facing merchants in the Mediterranean basin, Abdulaziz Al Jouf decided to provide a sustainable solution with PayTabs, which he founded in 2014. This financial services platform advances regional trade by facilitating financial transactions for local businesses. This brilliantly realized project gains international recognition with media coverage from CNN Arabic, Sky Arabia, Bloomberg and Reuters, and famous magazines such as Entrepreneur and Forbes. 

Today, Abdulaziz Al Jouf estimates that he has only achieved 30% of his goal. His dream is to use the American model to simplify business start-ups in the Middle East. By eliminating bureaucratic obstacles, he aims to transform e-commerce in the region.

Alongside his own success, Abdulaziz also shares his knowledge by teaching young entrepreneurs how to reach their full potential. His commitment to the next generation of entrepreneurs reflects an immeasurable desire to contribute to the economic development of the Levant.

Sources : 

https://www.arabnews.com/node/2049186/business-economy

https://www.newsofbahrain.com/bahrain/16734.html

https://site.paytabs.com/wp-content/uploads/2017/05/CEO-Profile_June-2022.pdf

https://www.crunchbase.com/person/abdulaziz-fahad-al-jouf#:~:text=Abdulaziz%20Fahad%20Al%20Jouf%20is,
ncluding%20Founder%20&%20CEO%20at%20Extabs%20.&text=Saletab.com,%20Inc.&text=ARRACO%20Holding%20Co
.

https://www.arabnet.me/english/speakers/abdulaziz-aljouf

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