EdfaPay

About

EdfaPay is a fintech company based in Riyadh, Saudi Arabia, founded in 2022 by Ghormallah Alghamdi and Nedal Sabbah. The company specializes in Soft-PoS (software point-of-sale) technology and payment gateway services, enabling seamless digital payments for businesses, startups, freelancers, and merchants. EdfaPay transforms smartphones and mobile devices into efficient POS terminals, eliminating the need for traditional hardware. The company has secured significant funding, including a $5 million pre-Series A round in November 2024, and has expanded its operations to several countries, including Oman, Tunisia, Morocco, Pakistan, and Brazil. EdfaPay emphasizes secure and accessible payment solutions, offering a unified platform that includes Soft-PoS technology, a robust payment gateway, a payout system, and a centralized dashboard for transaction tracking and analytics. The company aims to support digital transformation and financial inclusion across its operational regions.