EdfaPay

Private

RiyadhFinTechhttps://edfapay.com/home/

Last Round

Early Funding

Nov 20, 2024

Total Funding Raised

$9.8M

Company Overview

EdfaPay is a financial software company that provides a platform with payment solutions including SoftPOS technology, payment gateways, and e-invoicing for businesses.

Sector

FinTech

Verticals

Digital Payments, Point-of-Sale

Business Model

B2B

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

softpospayment gatewaydigital paymentstap to phonepayment processingpoint of saleposfintechmerchant servicesnfc paymentsdigital invoicingpayment infrastructurewhite label paymentsfraud managementmena fintech

Historical Pricing

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Caplight Momentum Score

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EdfaPay Comps

Public and private peers based on sector, stage, and business model.

EdfaPay comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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EdfaPay Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Early Funding	Nov 20, 2024
Seed	Jun 1, 2023
Pre Seed	Feb 20, 2022

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Key People

Founding team and executive leadership

Ghormallah Al-Ghamdi

CEO

Executive Team

EdfaPay Investors

Notable investors and investment history

EdfaPay investors
Investor	Rounds
Waad Investment	Early Funding
Nuwa Capital	Early Funding, Pre Seed
Aljabr MENA	Early Funding
500 Global	Early Funding, Seed
Inspire Us	Pre Seed
Basmah Commercial Investment Company	Seed
Omantel Innovation Labs	Early Funding

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Market signals

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Jan 24, 2026
Grew 16% QoQ, from 37 to 43 employees.
Jan 21, 2026
Monthly visitors increased 200% MoM, reaching 62.9K.

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EdfaPay Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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EdfaPay Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersRiyadh

Employee Range45

Year Founded2021

Last FundingNov 20, 2024

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