Strong Market Presence Nearpay has established significant partnerships with key regional players such as NomuPay, PayTabs, and Digital Pay, demonstrating its growing influence in the Middle Eastern fintech ecosystem and creating opportunities for expansion into new markets within the region.
Rising Investment Support The company recently closed a substantial Series A funding round of 14 million dollars led by Sanabil Investments, backed by the Public Investment Fund, indicating strong investor confidence and financial stability to support aggressive growth and product development initiatives.
Innovative Payment Solutions Nearpay’s focus on contactless SoftPOS technology and payment infrastructure solutions positions it well to target banks, payment providers, and SaaS startups seeking modern, secure, and accessible payment options, opening avenues for upselling or new product integrations.
Revenue Growth Potential With an estimated revenue between 50 to 100 million dollars and ongoing market expansion, there are ample opportunities to tailor solutions for high-growth clients and enterprises looking to upgrade their existing payment systems.
Technology Portfolio Utilizing advanced tech stacks like Oracle, Fullstory, and OpenResty, Nearpay’s robust infrastructure offers a competitive advantage, creating sales opportunities for enterprises seeking reliable, scalable fintech backend solutions and security enhancements.
$10B
$500M$1B
$10B
$500M$1B
$1B$10B
$1B$10B
$1B$10B
$100M$250M
$25M$50M
$250M$500M
$1B$10B
$10M$25M
$10M$25M
$1B$10BNearpay uses 8 technology products and services including Fullstory, Varnish, Webpack, and more. Explore Nearpay's tech stack below.
| Nearpay Email Formats | Percentage |
| F.Last@nearpay.io | 48% |
| FirstMiddleLast@nearpay.io | 2% |
| F.Last@nearpay.io | 48% |
| FirstMiddleLast@nearpay.io | 2% |
Financial ServicesRiyadh, Saudi Arabia51-200 Employees
Nearpay is a fintech startup based in Saudi Arabia, on a mission to make payments easy, secure, and accessible for every merchant. Our focus is simple: we build innovative payment infrastructure solutions that cater to banks, payment providers, and SaaS startups. With a blend of expertise and enthusiasm, we're shaping the future of payments one transaction at a time.
Company Overview
Funding & FinancialsNearpay has raised a total of $14M of funding over 5 rounds. Their latest funding round was raised on Dec 12, 2023 in the amount of $14M.
Nearpay's revenue is estimated to be in the range of $50M$100M
Funding & FinancialsNearpay has raised a total of $14M of funding over 5 rounds. Their latest funding round was raised on Dec 12, 2023 in the amount of $14M.
Nearpay's revenue is estimated to be in the range of $50M$100M
1-888-653-2347 
support@leadiq.com