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
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

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Funding History

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BridgeBridge RoundNov 2024
$5.0M

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Pre-Seed through Bridge — per-round amounts, valuations, and who invested in each round.

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