
EdfaPay
Revolutionizing payment technology
Dubai or New York, Saudi Arabia · Founded 2022 · $6.6M raised
- Headquarters
- Dubai or New York
- Founded
- 2022
- Business Model
- B2B
- Website
- edfapay.com
- Total Funding
- $6.6M
- Last Round
- $5.0M BridgeNov 2024
- Rounds
- 2
About
EdfaPay is a fintech payment technology platform providing innovative payment infrastructure solutions for businesses globally. Founded 2022, headquartered in multiple locations (NYC, Riyadh Saudi Arabia). Leadership: Ghormallah Alghamdi (CEO, ex-VP Stripe), Nedal Sabbah (CTO, ex-PayPal), Riyadh Abdullah (COO, ex-Square), Ahmed Smesem (CPO, ex-Adyen). Core product: Soft-PoS (smart point-of-sale) technology enabling merchants to accept payments on any device. Achieved PCI DSS Level 1 certification and SAMA approval for smart SoftPOS in Saudi Arabia.
Summary
EdfaPay is a Payments company based in Dubai or New York, Saudi Arabia, founded in 2022. It has raised $6.6M in total across 2 rounds, most recently a $5.0M Bridge round in Nov 2024. Investors include OmanTel Innovation Labs, Nuwa Capital and InspireUs VC.
Tech & App Stack
2 technologies & apps tracked
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Funding History
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Nov 2024
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Pre-Seed through Bridge — per-round amounts, valuations, and who invested in each round.
Investors
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