EdfaPay raised $5M in a Pre-Series A funding round led by OmanTel Innovation Labs to strengthen its foothold in the Saudi market and expand into the MENA region.
Waad InvestmentOmantel Innovation LabsSanabel 500Nuwa CapitalAljabr MENA
Description
EdfaPay has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs, with participation from Aljabr MENA and Waad Investment. This investment aims to bolster EdfaPay's expansion into Oman and enhance its fintech solutions across the region.
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Company Information
Company
EdfaPay
Location
Olaya, Riyadh, Saudi Arabia
About
EdfaPay is a leading fintech platform founded in 2022, based in Riyadh. It specializes in redefining digital payments for small and medium-sized enterprises across the MENA region. The company offers a comprehensive fintech portfolio that includes Soft PoS technology, a secure payment gateway, and automated e-invoicing tools, all managed within a unified, real-time dashboard. EdfaPay aims to support startups and growing businesses with tailored financial solutions.
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OlayaFinancial ServicesPaymentsFinanceFintechMobile Payments