About SimpliFi
SimpliFi is a company based in Dubai (United Arab Emirates) founded in 2020 by Ali Amin Sattar. SimpliFi has raised $5.1 million across 3 funding rounds from investors including Global Founders Capital, RAED Ventures and 4DX Ventures.
- Headquarter Dubai, United Arab Emirates
- Founders Ali Amin Sattar
- SectorsFinancial Services
- Website simplifipay.com
- Social LinkedIn X Facebook
- Total Equity Funding$5.1M (USD)
in 3 rounds
- Latest Funding Round$5.1M (USD), Series A
Dec 2021
- InvestorsGlobal Founders Capital
& 8 more
Funding Insights of SimpliFi
SimpliFi has successfully raised a total of $5.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.1 million completed in December 2021. 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 $5.1M
- Total Rounds 3
- Last Round Series A — $5.1M
- Investors Count 9
All 3 funding rounds of SimpliFi 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 |
|---|---|---|---|---|---|
| Dec 2021 | $5.1M | Series A | – | Global Founders Capital, 4DX Ventures | |
| Aug 2021 | – | Seed | – | Raed Ventures | – |
| Jun 2021 | – | Seed | – | Raed Ventures |
9 investors in total: 5 institutional and 4 angel.
Investors in SimpliFi
SimpliFi has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Global Founders Capital, RAED Ventures and 4DX Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage startups | – | globalfounderscapital.com | Berlin, Germany | |
Early-stage tech startups are invested in by Raed Ventures. | – | raed.vc | Riyadh, Saudi Arabia | |
Early-stage investments in technology companies are targeted by 4DX Ventures. | – | 4dxventures.com | Accra, Ghana | |
Fintech startups are funded by Rally Cap Ventures angel network. | – | rallycapventures.com | San Francisco, United States | |
Early-stage venture capital investments are made in digital transformation businesses. | – | sukna.sa | Riyadh, Saudi Arabia | |
CA Chris Adelsbach | UK-based angel investor, active in Indian startups, fintech focus | – | unknown_f5397d63219b4fc38 | - |
IB Idris Bello | - | – | unknown_cd11791f4cbe4c9db | - |
OA Osama AlRaee | Angel investor and entrepreneur, co-founder of Savemo, focusing on tech startups | – | unknown_b6a75b1f65074718b | - |
AM Abdullah Mohammed Al-Dosari | - | – | unknown_8e94e76da15f4316a | - |
Investor details for SimpliFi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SimpliFi
12 people are tracked at SimpliFi (5 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Ali Amin Sattar | Founder & CEO | Leadership |
Abhishek S. | Founder Member | Head of Product | Leadership |
Tafseer-ul-Islam Siddiqui | Head of Engineering | Leadership |
Aamir Ali | Senior Talent & People Partner/senior HR Manager | Leadership |
Akhil Sukumaran CSM ITIL | Head of Implementation | Leadership |
Faisal Alyousef | Advisor | Team |
Cherag Bhatia | Payment operations manager | Team |
Muhammad Hamza | Software Engineer II - T3 | Team |
Muhammad Zeeshan | Lead Product Designer | Team |
Hamza Malik | Senior Software Engineer | Team |
Shehzad Ahmed | Software Engineer I - T2 (engineering Consultant) | Team |
Sabahat Naz | Senior Finance Manager | Team |
Complete people profiles for SimpliFi
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 SimpliFi
3 dated milestones of SimpliFi across 1 years, from founding to its latest funding, stage changes and deals.
- Founded SimpliFi is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $5.1M.
Web traffic of SimpliFi
The website of SimpliFi (simplifipay.com) receives about 4.4K visits a month.
- Monthly visits4.4K
▲ 49.5% vs previous month
Latest news on Simplifi
Complete news archive for SimpliFi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to SimpliFi
10 companies that operate in the same segment as SimpliFi (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
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 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about SimpliFi
SimpliFi was founded in 2020 and raised its 1st funding round 1 year after it was founded.
SimpliFi is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Ali Amin Sattar is the current CEO of SimpliFi. They have also founded this company.
SimpliFi is a funded company, having raised a total of $5.1M across 3 funding rounds to date.
SimpliFi was founded in 2020 in Dubai, United Arab Emirates, within the fintech sector. Customized physical and virtual prepaid cards are enabled for customers, employees, or partners through white-label platforms. Digital onboarding is supported, along with API-enabled card issuance and unified APIs and SDKs. Programs are built to facilitate seamless integration and operations across various use cases.
SimpliFi has 9 investors. Key investors include Global Founders Capital, RAED Ventures, 4DX Ventures, Rally Cap Ventures, and Chris Adelsbach.