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Moyasar Financial Company

API-linked payment gateway for merchants

Overview

Moyasar provides a Saudi Arabia–focused payment gateway and payments infrastructure that lets merchants accept Mada, Visa, Mastercard, AmEx, Apple Pay, and STCPay via a single API. The product integrates with websites, apps, or platforms to process transactions, generate and share e-invoices, provide a dashboard, and support recurring payments and fraud protection through tokenization and PCI compliance. It differentiates itself as the first locally licensed and hosted gateway in Saudi Arabia with rapid onboarding, dynamic E-KYC for SaaS customers, and configurable fees. Its goal is to strengthen Saudi Arabia’s digital payments ecosystem by delivering scalable, secure payment solutions for both private companies and government institutions.

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About Moyasar Financial Company

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Industries

Data & AnalyticsEnterprise SoftwareFintechFinancial Services

Company Size

51-200

Company Stage

Seed

Total Funding

$21M

Headquarters

Riyadh, Saudi Arabia

Founded

2015

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Funding

Total Funding

$21M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$21M

Company News

Fintech News Network
Aug 22nd, 2024
Notable Fintech Funding Rounds in Saudi Arabia of H1 2024

Moyasar, a digital payment startup, secured US$21 million in a seed funding round in March.

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