Nearpay Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 30

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 9

Nearpay General Information

Description

Developer of financial payment software designed to offer convenient payment keys through a smartphone. The company's software offers a point-of-sale application for merchants to accept contactless payments without the need for a credit or a debit card, enabling owners of small stores, representatives of shipping companies and food delivery partners to collect payments simply and easily.

Contact Information

Website
www.nearpay.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4474 Anas Ibn Malik Street
  • Al Malqa
  • Riyadh 13524
  • Saudi Arabia
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
SaaS, FinTech, B2B Payments, Mobile
Corporate Office
  • 4474 Anas Ibn Malik Street
  • Al Malqa
  • Riyadh 13524
  • Saudi Arabia

Nearpay Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Nearpay Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Accelerator/Incubator 02-May-2024 Completed Generating Revenue
3. Early Stage VC (Series A) 12-Dec-2023 Completed Generating Revenue
2. Seed Round 03-Oct-2022 $3.6M $6.3M Completed Generating Revenue
1. Angel (individual) 30-Sep-2021 $2.7M $2.7M Completed Generating Revenue
To view Nearpay’s complete valuation and funding history, request access »

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Nearpay Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of financial payment software designed to offer convenient payment keys through a smartphone. The company's so
Financial Software
Riyadh, Saudi Arabia
30 As of 2026

London, United Kingdom
 

Istanbul, Turkey
 
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Nearpay Competitors (57)

One of Nearpay’s 57 competitors is Skrill, a Formerly PE-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Skrill Formerly PE-Backed London, United Kingdom
Iyzico Venture Capital-Backed Istanbul, Turkey
Netcash Corporate Backed or Acquired Cape Town, South Africa
HyperPay Venture Capital-Backed Riyadh, Saudi Arabia
Gopay Vietnam Payment Services Corporate Backed or Acquired Cau Giay, Vietnam
You’re viewing 5 of 57 competitors. Get the full list »

Nearpay Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Nearpay Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Start Path Accelerator/Incubator
Sanabil Investments Growth/Expansion Minority
Saudi Telecom Company Corporation Minority
Tali Ventures Corporate Venture Capital Minority
Arzan Venture Capital Corporate Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

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Nearpay FAQs

  • When was Nearpay founded?

    Nearpay was founded in 2020.

  • Where is Nearpay headquartered?

    Nearpay is headquartered in Riyadh, Saudi Arabia.

  • What is the size of Nearpay?

    Nearpay has 30 total employees.

  • What industry is Nearpay in?

    Nearpay’s primary industry is Financial Software.

  • Is Nearpay a private or public company?

    Nearpay is a Private company.

  • What is Nearpay’s current revenue?

    The current revenue for Nearpay is .

  • How much funding has Nearpay raised over time?

    Nearpay has raised $20.3M.

  • Who are Nearpay’s investors?

    Start Path, Sanabil Investments, Saudi Telecom Company, Tali Ventures, and Arzan Venture Capital are 5 of 9 investors who have invested in Nearpay.

  • Who are Nearpay’s competitors?

    Skrill, Iyzico, Netcash, HyperPay, and Gopay Vietnam Payment Services are some of the 57 competitors of Nearpay.

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