About Edfapay
Edfapay is a Financial Services company based in United States founded in 2022. Diversified payment acceptance solution for businesses. Edfapay has raised $9.8 million across 3 funding rounds from investors including Oman Telecommunications Company, Al Jabr and waad.vc. Its website edfapay.com draws about 32 thousand monthly visits. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Stripe, PayPal and Flutterwave; 3 of its 3 listed competitors have raised funding.
Company details
Edfapay was founded in 2022 in the United States within the fintech sector. Diversified solutions for payment acceptance are offered, including gateways, online invoicing, and mobile POS systems. Mobiles are transformed into POS terminals to facilitate transactions. Payments are tracked through a dedicated app. NFC-based options are provided to support various business needs across operations.
- Headquarters United States
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website edfapay.com/home
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$9.8M (USD)
in 3 rounds
- Latest Funding Round$5M (USD), Seed
Nov 2024
- InvestorsOman Telecommunications Company
& 9 more
Funding Insights of Edfapay
Edfapay has successfully raised a total of $9.8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.8M
- Total Rounds 3
- Last Round Seed — $5M
- First Round $1.6M
(Feb 2022)
- Investors Count 10
All 3 funding rounds of Edfapay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $5M | Seed | – | Oman Telecommunications Company | |
| Jun 2023 | $3.2M | Seed | – | Sanabil Investments | |
| Feb 2022 | $1.6M | Seed | – | Nuwa Capital, Wallan | – |
10 investors in total: 10 institutional.
Investors in Edfapay
Edfapay has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Oman Telecommunications Company, Al Jabr and waad.vc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| atmiid.com | ||||
Venture education and training are provided for investors. | sanabil500.com | Saudi Arabia | ||
| basmahco.com | ||||
Venture capital firm focused on multiple sectors | nuwacapital.io | Dubai, United Arab Emirates | ||
Offers comprehensive mobile, Wi-Fi, and wireless internet solutions for reliable connectivity. | 1970 | omantel.om | Muscat, Oman | |
| waad.vc | ||||
| nufudwealthinternational.tcc.mode | ||||
A diversified business conglomerate in Saudi Arabia is operated. | wallan.com | Riyadh, Saudi Arabia | ||
Startup investment and support are provided by Inspire Us. | 2022 | inspireus.vc | ||
Develops startups and fosters corporate innovation through programs and investments. | 2020 | aljabrmena.com | Muscat, Oman |
Investor details for Edfapay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Edfapay
6 people are tracked at Edfapay (4 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Jasmin Hamad | Senior Graphic Designer / Director | Leadership |
Riyadh Abdullah | Co-Founder Operation Manager | Leadership |
Fahad A. | co-founder & chief product officer | Leadership |
Ghormallah Al-Ghamdi | CEO | Leadership |
Ahmad Smesem | Product Manager | Team |
Muhammad Adnan Hashmi | Technical Lead | Team |
Complete people profiles for Edfapay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Edfapay
3 dated milestones of Edfapay across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Edfapay is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Seed, of $5.0M.
Competitors of Edfapay
Edfapay has 3 listed competitors in our database, 3 of them funded. They include Stripe, PayPal and Flutterwave.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| paypal.com | 1998 | San Jose, United States | $216M | 27,200 | Online payment solutions are offered to consumers and businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | Provider of payment processing solutions for businesses |
Detailed competitors of Edfapay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Edfapay
The website of Edfapay (edfapay.com) receives about 31.9K visits a month.
- Monthly visits31.9K
▼ 49.3% vs previous month
Websites whose visitors overlap most with Edfapay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| moyasar.com | 100% | 442.7K | #101,335 | View details | |
| luckystudio4u.com | 100% | #149,219 | View details | ||
celo.academy | celo.academy | 100% | – | ||
ask4pc.net | ask4pc.net | 100% | #927,479 | – | |
 tutoganga.blogspot.com | tutoganga.blogspot.com | 100% | #7,197,129 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Edfapay
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Edfapay (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Edfapay
Complete news archive for Edfapay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Edfapay
Edfapay was founded in 2022.
Edfapay is headquartered in United States.
Edfapay is a funded company, having raised a total of $9.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Feb 2022.
Edfapay was founded in 2022 in the United States within the fintech sector. Diversified solutions for payment acceptance are offered, including gateways, online invoicing, and mobile POS systems. Mobiles are transformed into POS terminals to facilitate transactions. Payments are tracked through a dedicated app. NFC-based options are provided to support various business needs across operations.
Edfapay's top competitors include Stripe, Flutterwave and PayPal.
Edfapay has 10 investors. Key investors include Oman Telecommunications Company, Al Jabr, waad.vc, Atmiid for Investments, and Sanabil 500.