MadfoatCom

Amman, Jordan Founded: 2011 • Age: 15 yrs Acquired By Basata
Real-time bill presentation and payment services are delivered to businesses.
Annual revenue - Latest available
Total funding $2.3M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Basata

    (Feb 25, 2025)

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People of MadfoatCom

Headcount 50-200
Employee Profiles 21
Board Members and Advisors 2
Employee Profiles
People
Shoroq Alqaissi
Business Development Manager
People
Ali Awartany
Chief Compliance & Risk Management Officer
People
Ahmad Makki
HR Director
People
Mohye Al-deen Fararjeh
Sr. Support And Implementation Officer

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Board Members and Advisors
people
Nasser Saleh
Founder & Executive Chairman

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
An investment holding company with diverse regional subsidiaries is operated.
Locked Locked Locked
Global financial centre promoting trade, investment, and innovation in Dubai.
Locked Locked Locked
Commercial banking services are provided in Jordan by Capital Bank.
Locked Locked Locked
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Investor details for MadfoatCom

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Investments & Acquisitions by MadfoatCom

Investments
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Investment portfolio details for MadfoatCom

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Financial Statements - MadfoatCom

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Detailed financials for MadfoatCom

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  • Profit trends
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Madfoatcom Comparisons

MadfoatCom Primary company
Description
Real-time bill presentation and payment services are deliver...
Location
Amman, Jordan
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MadfoatCom

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Competitors of MadfoatCom

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Detailed competitors of MadfoatCom

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Latest news on Madfoatcom

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Complete news archive for MadfoatCom

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Frequently Asked Questions about MadfoatCom

MadfoatCom was founded in 2011 and raised its 1st funding round 6 years after it was founded.

MadfoatCom is headquartered in Amman, Jordan.

Nasser Saleh is the current CEO of MadfoatCom. They have also founded this company.

MadfoatCom is a funded company, having raised a total of $2.3M across 3 funding rounds to date.

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.

MadfoatCom has 6 investors. Key investors include Cairo Amman Bank, Capital Bank of Jordan, DIFC, Arab Palestinian Investment Company, and Bank al Etihad.

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