EdfaPay Secures $5M in Pre-Series A Funding to Expand Digital Payments Solutions Across MENA

EdfaPay, a Riyadh-based fintech platform, has successfully closed a $5 million pre-Series A funding round. The investment will support its expansion across the MENA region and Pakistan, enhancing its digital payment solutions for SMEs. The platform’s SoftPOS technology and payment gateway services continue to attract regional and global partners.

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Pakistan and Saudi Arabia Strengthen Digital Ties with Focus on AI, Cloud Computing, and Fintech

Pakistan and Saudi Arabia have agreed to enhance digital investment and technology collaborations, focusing on AI, cloud computing, and fintech. The partnership will support Pakistani startups and SMEs, simplify market entry, and promote joint research initiatives. Shaza Fatima Khawaja emphasized ethical AI and digital inclusivity during the discussions.

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