EdfaPay
SoftPOS that turns Android phones into NFC payment terminals, plus gateway and payout APIs
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EdfaPay is a Riyadh-based payments infrastructure company whose SoftPOS (Tap to Pay) app turns any NFC-enabled Android phone or tablet into a payment acceptance terminal, alongside a payment gateway, payouts, e-invoicing tools and a unified merchant dashboard. It serves merchants, banks and payment partners in Saudi Arabia and is PCI DSS Level 1 certified. Founded in 2022 by Ghormallah Alghamdi and Nedal Sabbah, it raised a $1.6 million pre-seed led by Nuwa Capital, a $3.2 million seed in 2023 led by Sanabil 500 MENA, and later a $5 million pre-Series A round.