Geidea

Riyadh, Saudi Arabia Founded: 2008 • Age: 18 yrs
POS and loyalty solutions are provided to retail merchants.
Annual revenue $2.5M Latest available
Total funding $266.3M 1 rounds
Employees 95 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Geidea

Geidea is a company based in Riyadh (Saudi Arabia) founded in 2008 by Abdullah Bin Faisal Al Othman. It operates as a FinTech and SaaS (Software-as-a-Service). Geidea has raised $266.31 million across 1 funding round from investors including Gulf Capital. The company has 95 employees as of April 07, 2024. Geidea offers products and services including Payment Terminal, Payment Gateway, Point of Sale, and Promotions & Loyalty Management. Geidea operates in a competitive market with competitors including Ezetap, 2can, Nearpay, CASHIN and SignCatch, among others.

  • Headquarter Riyadh, Saudi Arabia
  • Employees 95 as on 07 Apr, 2024
  • Founders Abdullah Bin Faisal Al Othman
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Geidea Technology Company
  • Date of Incorporation 18 Mar, 2011
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.45 M (USD)
    77.37
    as on Mar 31, 2023
  • Net Profit
    $381.92 K (USD)
    150.77
    as on Mar 31, 2023
  • EBITDA
    $595.48 K (USD)
    148.16
    as on Mar 31, 2023
  • Total Equity Funding
    $266.31 M (USD)

    in 1 rounds

  • Latest Funding Round
    $266.31 M (USD), Private Equity Round

    May 07, 2018

  • Investors
  • Employee Count
    95

    as on Apr 07, 2024

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Products & Services of Geidea

Geidea offers a comprehensive portfolio of products and services, including Payment Terminal, Payment Gateway, Point of Sale, and Promotions & Loyalty Management.

Product name locked
Category locked
Primary

Robust terminals for on-site and mobile payments are provided.

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Seamless checkouts and payment links are facilitated for businesses.

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Integrated suite for managing sales operations is offered efficiently.

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Tools for customer loyalty and promotions are made available.

People of Geidea

Headcount 200-500
Employee Profiles 161
Board Members and Advisors 8
Employee Profiles
People
Raghda El Orbany
Group OE & Total Rewards Sr. Manger
People
Siddharth Joshi
Group Director - Card & Wallet Issuance
People
Alsiddig Ali
Technical Support Engineer
People
Insaf C.
Sr Network And IT Support Engineer

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Board Members and Advisors
people
Nabil Sharif
Board Member
people
Abdullah bin Faisal Alothman
Founder & Executive Chairman
people
Karim Al Solh
Co-Chairman
people
Asaad Salhab
Board Member

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Funding Insights of Geidea

Geidea has successfully raised a total of $266.31M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $266.31 million completed in May 2018. 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.

Investors in Geidea

Geidea has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gulf Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Alternative investment firm providing services in Private Equity, Private Debt, and Real Estate across Growth Markets.
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Investor details for Geidea

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Investments & Acquisitions by Geidea

Investments
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Investment portfolio details for Geidea

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Financial Statements - Geidea

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Detailed financials for Geidea

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Geidea Comparisons

Geidea Primary company
Description
POS and loyalty solutions are provided to retail merchants.
Location
Riyadh, Saudi Arabia
Founded Year
2008
Annual Revenue
$2.45 M (USD)
Net Profit
$381.92 K (USD)
EBITDA
$595.48 K (USD)
Employees
95
As of 2024
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Peer comparison for Geidea

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Geidea

Geidea operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ezetap, 2can, Nearpay, CASHIN and SignCatch, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based mPOS software and hardware solutions are provided for businesses.
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Card payments are enabled on smartphones for Russian merchants.
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Software-enabled POS terminals are supplied to merchants for payment processing.
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Virtual POS terminals for merchants and businesses
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SaaS-based PoS platform integrates systems with websites and mobile apps.
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Detailed competitors of Geidea

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Latest news on Geidea

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Complete news archive for Geidea

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Frequently Asked Questions about Geidea

Geidea was founded in 2008 and raised its 1st funding round 10 years after it was founded.

Geidea is headquartered in Riyadh, Saudi Arabia.

Ziyad Al Eisa is the current CEO of Geidea.

Geidea is a funded company, having raised a total of $266.31M across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at Geidea is 95.

Annual revenue of Geidea is $2.45M as on Mar 31, 2023.

Integrated payment and business management solutions are offered by Geidea to support entrepreneurs and established enterprises. Services are focused on the hospitality, retail, events, and services sectors. A range of tools including payment terminals, gateways, point-of-sale systems, and loyalty management solutions are developed to streamline operations. Hardware and technical support are also provided to ensure efficiency and reliability for businesses in Saudi Arabia.

Geidea's top competitors include Ezetap, Nearpay and 2can.

Geidea offers Payment Terminal, Payment Gateway, Point of Sale, and Promotions & Loyalty Management.

Geidea has 1 investor. Key investors include Gulf Capital.

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