HyperPay is a Saudi-based payment gateway that enables businesses across the region to accept payments online and experience more growth. The company, founded in 2010, has rapidly become the fastest growing online payment service provider in the MENA region, catering to the largest merchants and banks since 2014. HyperPay offers a wide range of payment processing services for businesses selling online and offline, connecting merchants to a consolidated network of global, regional, and local payment methods. The company operates in the Analytics, Fintech, and Payments industries, with its headquarters located in Saudi Arabia. Notably, HyperPay secured a significant SAR138.00M Venture Round investment on 26 May 2022, with prominent investors including Mastercard, Amwal Capital Partners, and AB Ventures LP. This injection of capital is expected to further propel HyperPay's expansion and influence within the MENA payment processing landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | SAR138.00M | 3 | AB Ventures LP | 26 May 2022 |
Series B | $13.00M | 4 | Middle East Venture Partners (MEVP), iNet | 28 Dec 2019 |
Series A | Unknown | 1 | Integrated Networks | 06 Feb 2015 |
Venture Round | $700.00K | 1 | Middle East Venture Partners (MEVP) | 01 Sep 2012 |
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