About Middle East Payment Services
Middle East Payment Services is a Financial Services company based in Amman (Jordan) founded in 2009. A full spectrum of payment services is provided regionally. Middle East Payment Services has raised $3.3 million across 2 funding rounds from investors including Burgan Bank, .burgan.com and MENA Apps. Its chief executive, as recorded, is Waleed Alnaser. Its focus areas include FinTech, Payments, Enablers and Issuer Processor.
Company details
Middle East Payment Services was established in 2009 in Amman, Jordan, functioning as a regional payment service provider. Operations focus on the financial sector, with services encompassing card issuing and processing, merchant acquiring, ATM management, fraud detection, loyalty programs, payment gateways, point-of-sale devices, prepaid card options, payroll solutions, currency conversion, electronic vouchers, and bill payments via terminals. Financial entities, retailers, and businesses are served throughout the Middle East.
- Headquarters Amman, Jordan
- SectorsFinancial Services
- Email••••••••
- Website mepspay.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$3.3M (USD)
in 2 rounds
- Latest Funding Round$552K (USD), Seed
Jun 2014
- InvestorsBurgan Bank
& 2 more
Apps and channels of Middle East Payment Services
its YouTube channel MEPS -Powered By Innovation has 764 subscribers and 30 videos.
Videos from Middle East Payment Services
The most watched videos on Middle East Payment Services's YouTube channel, MEPS -Powered By Innovation (764 subscribers). Click a video to play it here.
More on MEPS -Powered By Innovation.
Funding Insights of Middle East Payment Services
Middle East Payment Services has successfully raised a total of $3.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $552 thousand completed in June 2014. 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 $3.3M
- Total Rounds 2
- Last Round Seed — $552,000
- First Round $2.75M
(Jun 2012)
- Investors Count 3
All 2 funding rounds of Middle East Payment Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2014 | $552,000 | Seed | – | – | |
| Jun 2012 | $2.75M | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Middle East Payment Services
Middle East Payment Services has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Burgan Bank, .burgan.com and MENA Apps.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MENA Apps is focused on supporting young entrepreneurs in the MENA region. | 2011 | menaapps.com | Dubai, United Arab Emirates | |
A bank in Turkey offering personal and corporate banking services. | 1989 | burgan.com.tr | Turkey | |
| .burgan.com |
Investor details for Middle East Payment Services
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Middle East Payment Services
25 people are tracked at Middle East Payment Services (7 in leadership, 18 in team).
| Name | Role | Group |
|---|---|---|
Waleed Alnaser | CEO | Leadership |
Mohammad Helles | CEO | Leadership |
Msc Ahmed Alqawasmi Cpa, Cma, Cfm, Cia, Crma, Jcpa, Cisa, Cdpse | Chief Internal Audit Officer | Leadership |
Mohammad al Deiri | Director Of IT | Leadership |
Omamah al Sarayrah | Chief Acquiring And Digital Payments Products Officer | Leadership |
Najwan Khalil Ccm, Rcs | Head Of Compliance | Leadership |
Amro Shaban | Head Of Sales & Merchants Relationship | Leadership |
Ali Alzubi | Sales And Merchants Relations Manager | Team |
Ali Alzoul | Senior Online Delivery Channels At Middle East Payment Services | Team |
Omar Abuomar | E-channels | Team |
Areen Gammoh | Issuing &acquiring Operations Manager | Team |
Samer Khalil | Eftpos Manager | Team |
Ahmad M. Eid | Operations Support & IT Helpdesk Officer | Team |
Mohammad M al Momani | IT Personalization | Team |
Mohammad abu-Ghazal Mcp, McSe, Azure Administrator Associate | Senior IT Infrastructure | Team |
Yousef Alhourani | Chargeback / Compliance Manager | Team |
Raed abu Muhsen | Sales Assistant Manager | Team |
Yahia Bedwan | Sales & Products Assistant Manager | Team |
Nour Qahwaji | Business Intelligence Specialist | Team |
Corm Tala al-Hadidi Crcm, Core, Grcp | Operational Risk & Information Security | Team |
5 more people are available in the full profile.
Complete people profiles for Middle East Payment Services
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Middle East Payment Services
3 dated milestones of Middle East Payment Services across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Middle East Payment Services is founded.
- Funding First funding round of $2.8M.
- Funding Latest funding round, Seed, of $552K.
Web traffic of Middle East Payment Services
The website of Middle East Payment Services (mepspay.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 13.1% vs previous month
Websites whose visitors overlap most with Middle East Payment Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| intaj.net | 100% | 6.4K | #3,303,516 | View details | |
| pinboard.in | 92% | #211,523 | View details | ||
| google.com | 61% | 85.8B | #1 | View details | |
google.jo | google.jo | 55% | – | ||
| facebook.com | 55% | 12.1B | #3 | View details |
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Related news about Middle East Payment Services
Complete news archive for Middle East Payment Services
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Frequently Asked Questions about Middle East Payment Services
Middle East Payment Services was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Middle East Payment Services is headquartered in Amman, Jordan.
Waleed Alnaser is the CEO of Middle East Payment Services, as recorded in our data.
Middle East Payment Services is a funded company, having raised a total of $3.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.75M, raised on Jun 2012.
Middle East Payment Services was established in 2009 in Amman, Jordan, functioning as a regional payment service provider. Operations focus on the financial sector, with services encompassing card issuing and processing, merchant acquiring, ATM management, fraud detection, loyalty programs, payment gateways, point-of-sale devices, prepaid card options, payroll solutions, currency conversion, electronic vouchers, and bill payments via terminals. Financial entities, retailers, and businesses are served throughout the Middle East.
Middle East Payment Services has 3 investors. Key investors include Burgan Bank, .burgan.com, and MENA Apps.