Insights

Growing Market Presence Nearpay has recently secured $14 million in Series A funding, indicating strong investor confidence and providing resources for expansion. Its strategic partnerships with NomuPay and PayTabs demonstrate increasing adoption of its contactless payment solutions across regional markets, presenting opportunities to expand further into MENA and neighboring territories.

Innovative Contactless Solutions The company's development of SDK-based SoftPOS technology enables real-time, secure contactless payments, aligning with current market trends favoring digital and contactless transaction methods. This positions Nearpay to attract merchants seeking modern, frictionless payment options in the evolving payments landscape.

Regional Expansion Potential Nearpay’s presence in Saudi Arabia and collaborations across Turkey and Jordan highlight its focus on regional growth. There is potential to target other Middle Eastern markets with similar banking infrastructure needs, especially as contactless payments become more mainstream worldwide.

Technology Stack and Innovation Utilizing advanced technologies like Oracle, Webpack, and OpenResty, Nearpay demonstrates a strong foundation in modern infrastructure, supporting scalable, secure, and reliable payment solutions. Selling opportunities exist in providing enterprise-level integrations for large banks and payment providers seeking robust infrastructure.

Financial Capacity and Scalability With revenue estimated between $50 million and $100 million and significant investor support, Nearpay possesses the financial strength to scale its product offerings and acquire additional partnerships. This growth capacity opens doors for joint ventures, white-label services, and customized solutions for financial institutions looking to innovate their payment systems.

Nearpay Tech Stack

Nearpay uses 8 technology products and services including Fullstory, Varnish, Webpack, and more. Explore Nearpay's tech stack below.

  • Fullstory
    Analytics
  • Varnish
    Caching
  • Webpack
    Development
  • Google Workspace
    Email
  • Oracle
    Enterprise
  • Emotion
    Javascript Frameworks
  • HSTS
    Security
  • OpenResty
    Web Servers

Media & News

Nearpay's Email Address Formats

Nearpay uses at least 1 format(s):
Nearpay Email FormatsExamplePercentage
F.Last@nearpay.ioJ.Doe@nearpay.io
48%
FirstMiddleLast@nearpay.ioJohnMichaelDoe@nearpay.io
2%
F.Last@nearpay.ioJ.Doe@nearpay.io
48%
FirstMiddleLast@nearpay.ioJohnMichaelDoe@nearpay.io
2%

Frequently Asked Questions

Where is Nearpay's headquarters located?

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Nearpay's main headquarters is located at 4474, Anas bin malik Street, Almalqa, Riyadh, Riyadh 11311, SA. The company has employees across 5 continents, including AsiaNorth AmericaSouth America.

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

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Nearpay's official website is nearpay.io and has social profiles on LinkedInCrunchbase.

What is Nearpay's NAICS code?

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

How many employees does Nearpay have currently?

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As of October 2025, Nearpay has approximately 62 employees across 5 continents, including AsiaNorth AmericaSouth America. Key team members include Chief Executive Officer: M. A.Ceo Y Co-Fundador: E. B.Cto & Co-Founder: H. A. G.. Explore Nearpay's employee directory with LeadIQ.

What industry does Nearpay belong to?

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Nearpay operates in the Financial Services industry.

What technology does Nearpay use?

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Nearpay's tech stack includes FullstoryVarnishWebpackGoogle WorkspaceOracleEmotionHSTSOpenResty.

What is Nearpay's email format?

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Nearpay's email format typically follows the pattern of F.Last@nearpay.io. Find more Nearpay email formats with LeadIQ.

How much funding has Nearpay raised to date?

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As of October 2025, Nearpay has raised $14M in funding. The last funding round occurred on Dec 12, 2023 for $14M.

When was Nearpay founded?

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Nearpay was founded in 2020.

Nearpay

Financial ServicesSaudi 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.

Section iconCompany Overview

Headquarters
4474, Anas bin malik Street, Almalqa, Riyadh, Riyadh 11311, SA
Website
nearpay.io
NAICS Code
52 - Finance and Insurance
Founded
2020
Employees
51-200

Section iconFunding & Financials

  • $14M

    Nearpay 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.

  • $50M$100M

    Nearpay's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $14M

    Nearpay 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.

  • $50M$100M

    Nearpay's revenue is estimated to be in the range of $50M$100M

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