Tech Company Financing Transactions
EdfaPay Funding Round
EdfaPay secured a $5 million Series A financing round on 11/20/2024. Backers included Omantel, Al Jabr MENA and Waad Investment.
Transaction Overview
Company Name
Announced On
11/20/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
The newly secured funds will enable EdfaPay to strengthen its presence in Saudi Arabia, expand its reach across the MENA region and Pakistan, and develop its payment infrastructure in Oman.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Riyadh, Undisclosed
Saudi Arabia
Riyadh, Undisclosed
Saudi Arabia
Phone
Website
Email Address
Overview
Edfapay is a fintech enterprise that provides smart & efficient payment solutions. That saves money, time & effort using soft pos technology. EdfaPay is a fintech enterprise that uses Soft-PoS technology to give the most efficient payment solutions that save money, time, and effort, allowing you to run and grow your business through a single app.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ghormallah Alghamdi
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Where The Data Comes From
We record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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