About IBEA
IBEA is a company based in Riyadh (Saudi Arabia) founded in 2022 by Caston I Jackson, Bashir Alasad, and Ismail A Amonette. It operates as a B2B and SaaS. The company has 653 employees. IBEA offers products and services including Dynamic Discounting, Payment Automation, and Supply Chain Finance. IBEA operates in a competitive market with competitors including Flutterwave, PayU, ACI Worldwide, CyberSource and Wirecard, among others.
- Headquarter Riyadh, Saudi Arabia
- Employees 653
- Founders Caston I Jackson, Bashir Alasad, Ismail A Amonette
- SectorsTechnology
- Website ibea.com
- Social LinkedIn Instagram
- Legal Name Electronic Arts Games (India) Private Limited
- Date of Incorporation 28 Jul, 2004
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹656 Cr
FY 2025 · +19% YoY
- Net Profit₹74.14 Cr
FY 2025 · 11% margin
- EBITDA₹198 Cr
FY 2025 · 30% margin
- Employee Count653
Associated legal entities of IBEA
IBEA operates through Electronic Arts Games (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Electronic Arts Games (India) Private Limited CIN U72900TG2004PTC043773 | Active | 28 Jul 2004 | Hyderabad, Telangana | ₹656 Cr | 653 | 3 | View details |
Products & Services of IBEA
IBEA offers a comprehensive portfolio of products and services, including Dynamic Discounting, Payment Automation, and Supply Chain Finance.
Generates revenue by offering early payments to suppliers for discounts
Automates workflows to reduce errors in accounts payable processes
Improves working capital through efficient supplier payment management
Board of directors of Electronic Arts Games (India) Private Limited (IBEA)
Electronic Arts Games (India) Private Limited is the primary company behind IBEA. The board of Electronic Arts Games (India) Private Limited currently have 3 directors; the longest-serving is Priya Krishnadas, appointed in 2020. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priya Krishnadas DIN 08760418 | Managing Director | 02 Jul 2020 | 6 yrs 3 mo | Electronic Arts Games (India) Private Limited |
| Yong Soo Bae DIN 09327082 | Director | 09 Feb 2022 | 4 yrs 8 mo | Electronic Arts Games (India) Private Limited |
| James Larbey Crane DIN 11202254 | Director | 12 Sep 2025 | 1 yr | Electronic Arts Games (India) Private Limited |
People of IBEA
3 people are tracked at IBEA (3 in leadership); the tracked headcount is 653.
| Name | Role | Group |
|---|---|---|
Caston I Jackson | Co-Founder, CTO | Leadership |
Bashir Alasad | Co-Founder | Leadership |
Ismail A Amonette | Co-Founder, CEO | Leadership |
Complete people profiles for IBEA
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Financials of IBEA
Figures of Electronic Arts Games (India) Private Limited, the primary company behind IBEA, for FY 2025. Revenue was ₹656 Cr (+19% year on year). Net profit was ₹74.14 Cr (11% margin). EBITDA was ₹198 Cr (30% margin). Revenue has grown at a compounded annual rate of +45% over three years and +37% over five years.
- ₹656 CrRevenue · FY 2025 · +19% YoY
- ₹74.14 CrNet profit · 11% margin
- ₹198 CrEBITDA · 30% margin
- ₹1.7 LakhPaid-up capital
- 653Employees (provident fund records)
- +45%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Electronic Arts Games (India) Private Limited are on its company page.
Detailed financial statements for IBEA
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Competitors of IBEA
IBEA 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 Flutterwave, PayU, ACI Worldwide, CyberSource and Wirecard, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| cybersource.com | 1994 | Foster, United States | – | – | Global e-commerce payment processing and security services are managed. | |
| wirecard.com | 1999 | Aschheim, Germany | – | 4,989 | Payment processing solutions are provided for businesses and merchants. | |
| unionpayintl.com | 2012 | Shanghai, China | – | – | Mobile and online payment solutions are provided for banks. | |
| equiniti.com | 2002 | Lancing, United Kingdom | – | – | Financial technology and payment processing solutions are provided by Equiniti. | |
| amwal.tech | 2022 | Riyadh, Saudi Arabia | $2.5M | – | Identity-powered authentication and payments are offered to businesses. |
Detailed competitors of IBEA
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Web traffic of IBEA
The website of IBEA (ibea.com) receives about 3K visits a month.
- Monthly visits3K
▼ 9.6% vs previous month
Similar companies to IBEA
10 companies that operate in the same segment as IBEA (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about IBEA
IBEA was founded in 2022.
IBEA is headquartered in Riyadh, Saudi Arabia.
Ismail A Amonette is the current CEO of IBEA. They have also founded this company.
IBEA has 653 employees.
The primary company behind IBEA, Electronic Arts Games (India) Private Limited, reported revenue of ₹656 Cr for FY 2025, up 19% year on year.
IBEA provides dynamic discounting and payment automation services to convert accounts payable into a revenue source. It helps businesses optimize cash flow, reduce costs, and improve supplier relationships through automated workflows and ERP integrations. Based in Saudi Arabia, it serves industries like consumer goods, manufacturing, and healthcare by enabling early payments and working capital efficiency, while minimizing risks and errors.
IBEA's top competitors include PayU, Flutterwave and ACI Worldwide.
IBEA offers Dynamic Discounting, Payment Automation, and Supply Chain Finance.
IBEA operates through Electronic Arts Games (India) Private Limited.
The legal entities of IBEA currently have 3 directors, including Priya Krishnadas, Yong Soo Bae, James Larbey Crane.