# Moyasar Financial Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moyasar-financial-company

- Industry: Financial Services
- Headquarters: Riyadh, Saudi Arabia
- Website: www.moyasar.com
- Total disclosed funding: $21M
- Latest round: Seed (Mar 6, 2024)
- Investors on record: 1

## About

Founded in 2015 and based in Riyadh, Saudi Arabia, Moyasar Financial Company is licensed by the Central Bank of Saudi Arabia (SAMA) to provide electronic payment solutions. It offers a unified online payments API that allows merchants to accept various payment methods, including Mada, credit cards, Apple Pay, and STC Pay. The company was co-founded by Abdulaziz Alshetwi and Basem Aljedai. In March 2024, Moyasar Financial Company raised SAR 78.75 million in seed funding from Derayah Ventures. 

The company offers electronic payment solutions and a range of products and services tailored to meet the needs of businesses in Saudi Arabia. Some key aspects of their offerings include ePayment Solution, Online Payment Gateway, Product Management, Shipment & Delivery Support, Payment Gateway Services, and Financial Services within the Saudi Arabian market.

## Funding rounds

- Seed, Mar 6, 2024, $21M — Derayah Ventures

## Investors

- Derayah Ventures (https://capitalatlas.ai/funds/derayah-ventures) — Seed