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 as of March 31, 2023. 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 as on 31 Mar, 2023
- Founders Caston I Jackson, Bashir Alasad, Ismail A Amonette
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Sectors
Technology
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Phone
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Website
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Social
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- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$41.42 M (USD)59.42as on Mar 31, 2023
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Net Profit
$6.79 M (USD)281.61as on Mar 31, 2023
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EBITDA
$10.42 M (USD)246.16as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
653
as on Mar 31, 2023
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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
Funding Insights of IBEA
Investments & Acquisitions by IBEA
Financial Statements - IBEA
Ibea Comparisons
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 year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Mobile and online payment solutions are provided for banks.
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Latest news on Ibea
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.
As of Mar 31, 2023, the latest employee count at IBEA is 653.
Annual revenue of IBEA is $41.42M as on Mar 31, 2023.
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.