About MadfoatCom
MadfoatCom is a company based in Amman (Jordan) founded in 2011 by Nasser Saleh was acquired by Basata in February 2025.. MadfoatCom has raised $2.3 million across 3 funding rounds from investors including Cairo Amman Bank, Capital Bank of Jordan and DIFC.
- Headquarter Amman, Jordan
- Founders Nasser Saleh
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.3 M (USD)
in 3 rounds
-
Latest Funding Round
-
Investors
Cairo Amman Bank
& 5 more
-
Employee Count
Employee Count
-
Acquired by
Basata
(Feb 25, 2025)
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
Unlock access to complete
Unlock access to complete
Funding Insights of MadfoatCom
MadfoatCom has successfully raised a total of $2.3M across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - MadfoatCom | Valuation | DIFC |
|
| Apr, 2018 | Amount | Seed - MadfoatCom | Valuation | Arab Palestinian Investment Company |
|
| Jun, 2017 | Amount | Debt – Conventional - MadfoatCom | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MadfoatCom
MadfoatCom has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Cairo Amman Bank, Capital Bank of Jordan and DIFC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment holding company with diverse regional subsidiaries is operated.
|
Founded Year | Domain | Location | |
|
Global financial centre promoting trade, investment, and innovation in Dubai.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided in Jordan by Capital Bank.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MadfoatCom
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MadfoatCom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Madfoatcom Comparisons
Competitors of MadfoatCom
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Madfoatcom
Frequently Asked Questions about MadfoatCom
When was MadfoatCom founded?
MadfoatCom was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is MadfoatCom located?
MadfoatCom is headquartered in Amman, Jordan.
Who is the current CEO of MadfoatCom?
Nasser Saleh is the current CEO of MadfoatCom. They have also founded this company.
Is MadfoatCom a funded company?
MadfoatCom is a funded company, having raised a total of $2.3M across 3 funding rounds to date.
What does MadfoatCom do?
MadfoatCom was established in 2011 in Amman, Jordan, within the fintech sector. Electronic bill presentation and payment solutions are offered to businesses, governments, and end-users. Access to digital financial services is facilitated, with real-time options provided for bills and invoices. Operations center on enabling efficient payment processing across various entities in the region.
Who are MadfoatCom's investors?
MadfoatCom has 6 investors. Key investors include Cairo Amman Bank, Capital Bank of Jordan, DIFC, Arab Palestinian Investment Company, and Bank al Etihad.