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EdfaPay

EdfaPay

Private

Last Round

Early Funding

Nov 20, 2024

Total Funding Raised

$9.8M

Momentum

Top 25%

of companies Caplight tracks

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 Comparables

Compare EdfaPay with similar companies based on industry and business-model similarity.

EdfaPay comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Nomod
86%
PayTabs
82%
HyperPay
81%

EdfaPay Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingNov 20, 2024
SeedJun 1, 2023
Pre SeedFeb 20, 2022

Key People

Founding team and executive leadership

Ghormallah Al-Ghamdi

CEO

Executive Team

EdfaPay Investors

Notable investors and investment history

EdfaPay investors
InvestorRounds
Waad InvestmentEarly Funding
Nuwa CapitalEarly Funding, Pre Seed
Aljabr MENAEarly Funding
500 GlobalEarly Funding, Seed
Inspire UsPre Seed
Basmah Commercial Investment CompanySeed
Omantel Innovation LabsEarly Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 20, 2026

    Open roles increased to 18, 40% of headcount.

  • Jan 24, 2026

    Grew 16% QoQ, from 37 to 43 employees.

EdfaPay Filings

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EdfaPay filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersRiyadh
Employee Range45
Year Founded2021
Last FundingNov 20, 2024

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