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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Ooredoo Fintech and PayPal Forge Strategic Partnership to Enhance Global Commerce for Qatar Users

Ooredoo Fintech and PayPal have partnered to enable seamless transfers between Ooredoo Money wallets and PayPal accounts in Qatar. This collaboration enhances access to global markets for consumers and small businesses, offering new opportunities for cross-border commerce and digital payments, with plans for expansion across the Gulf and MENA regions.

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Visa Expands Digital Payment Innovations in Qatar, Aligning with Qatar National Vision 2030

Visa has introduced several digital payment innovations in Qatar, including the launch of ‘Click to Pay’, a biometric-enhanced solution, in line with Qatar’s National Vision 2030. These initiatives aim to boost digital payment adoption, support the fintech sector, and facilitate secure, user-friendly financial services for both consumers and businesses in the country.

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