Insights

Market Expansion Saudi and regional growth: EdfaPay has recently launched Smart SoftPOS in Saudi Arabia with SAMA approval and has ongoing international reach in Pakistan, Brazil, Bahrain, Iraq, and more, indicating a strong opportunity to upsell cross-border payment gateway, QR/invoicing, and SoftPOS integrations for regional partners and merchants looking to operate across multiple markets.

Funding Momentum Recent funding rounds totaling at least five million dollars (pre-Series A in late 2024) and strategic investments (Omantel, Aljabr MENA, Waad) signal investor confidence and an expanding runway, suggesting sales plays centered on enterprise-grade payment solutions and scalable merchant onboarding for larger customers seeking reliable fintech partners.

Strategic Partnerships Partnership with DigiKhata and notable regional investors point to a network-driven growth model. This opens doors for co-sell or channel partner arrangements to reach SMEs and mid-market merchants seeking integrated fintech stacks and regional support.

Product Fit Comprehensive payments suite including SoftPOS, Payment Gateway, QR and e-invoicing aligns with merchants needing offline and online omnichannel solutions. Target segments include small to mid-sized retailers, couriers, gig economy platforms, and regional e-commerce players seeking mobile-first payment acceptance.

Financial Health Signal Current revenue range and a recent $5M funding round indicate growing demand and scalability potential. This suggests readiness for tiered pricing, upsell of add-on modules (QR invoicing, gateway features, analytics), and enterprise licensing to accelerate customer growth.

EdfaPay Tech Stack

EdfaPay uses 8 technology products and services including Atlassian, Cloudflare, Keycloak, and more. Explore EdfaPay's tech stack below.

  • Atlassian
    Application Development & Management
  • Cloudflare
    Content Management System
  • Keycloak
    Identity And Access Management
  • PayPal
    Payment Processing
  • Cloudflare Bot Management
    Security
  • Bootstrap
    UI Frameworks
  • YouTube
    Video Players
  • Google Search Console
    Web Analytics

EdfaPay's Email Address Formats

EdfaPay uses at least 1 format(s):
EdfaPay Email FormatsExamplePercentage
First@edfapay.comJohn@edfapay.com
100%

Frequently Asked Questions

What is EdfaPay's official website and social media links?

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EdfaPay's official website is edfapay.com and has social profiles on LinkedInCrunchbase.

What is EdfaPay's NAICS code?

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EdfaPay's NAICS code is 52 - Finance and Insurance.

How many employees does EdfaPay have currently?

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As of July 2026, EdfaPay has approximately 44 employees across 2 continents, including AsiaAfrica. Key team members include Ceo: G. A.Head Of International Integration: I. A.Co-Founder: V. B.. Explore EdfaPay's employee directory with LeadIQ.

What industry does EdfaPay belong to?

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EdfaPay operates in the Financial Services industry.

What technology does EdfaPay use?

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EdfaPay's tech stack includes AtlassianCloudflareKeycloakPayPalCloudflare Bot ManagementBootstrapYouTubeGoogle Search Console.

What is EdfaPay's email format?

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EdfaPay's email format typically follows the pattern of First@edfapay.com. Find more EdfaPay email formats with LeadIQ.

How much funding has EdfaPay raised to date?

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As of July 2026, EdfaPay has raised $9.8M in funding. The last funding round occurred on Nov 20, 2024 for $5M.

When was EdfaPay founded?

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EdfaPay was founded in 2021.
EdfaPay logo

EdfaPay

Financial ServicesRiyadh, Saudi Arabia11-50 Employees

EdfaPay is a financial services company based in Riyadh, Saudi Arabia, offering a range of payment solutions for businesses. Its offerings include a Soft-POS system for accepting card payments on the go, a Payment Gateway for secure online transactions, and a QR and e-invoicing service to streamline payment workflows. The company serves businesses in the Saudi market as well as international markets, including Pakistan, Brazil, Bahrain, and Iraq.
In January 2026, EdfaPay launched Smart SoftPOS services in Saudi Arabia after SAMA approval. This development reflects its role in enabling both in-person and online payments and invoicing for domestic and cross-border business needs.

Section iconCompany Overview

NAICS Code
52 - Finance and Insurance
Founded
2021
Employees
11-50

Section iconFunding & Financials

  • $9.8M

    EdfaPay has raised a total of $9.8M of funding over 3 rounds. Their latest funding round was raised on Nov 20, 2024 in the amount of $5Mas a seed.

  • $1M$10M

    EdfaPay's revenue is estimated to be in the range of $1M$10M

Section iconFunding & Financials

  • $9.8M

    EdfaPay has raised a total of $9.8M of funding over 3 rounds. Their latest funding round was raised on Nov 20, 2024 in the amount of $5Mas a seed.

  • $1M$10M

    EdfaPay's revenue is estimated to be in the range of $1M$10M

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