- Startup: EdfaPay.
- Event: Expansion.
- Countries: Saudi Arabia, Morocco
EdfaPay, the Saudi fintech startup, has announced its expansion into the Moroccan market after receiving an official operating license in Morocco. This achievement aligns with EdfaPay’s vision, the company said.
EdfaPay will bring its financial solutions, including Soft POS and Payment Gateway to merchants and customers across Morocco, with a commitment to leveraging expertise and sustainable, efficient, and secure technology.
“Our expansion into Morocco marks a pivotal moment for EdfaPay as we continue to grow our footprint and bring our innovative solutions to new markets,” said Eng.Ghormallah Al-Ghamdi CEO of EdfaPay. “We are committed to providing Moroccan businesses and consumers with the highest standards of financial technology, enhancing their transaction experience and contributing to the local economy” he added.
EdfaPay has been operating in Saudi Arabia since its launch in 2022, then it expanded to Latam Markets, Pakistan and Tunisia. Adding the license to operate in Morocco is a testament to the company’s dedication to expanding its services according to its press release, as it is looking forward to building strong partnerships and contributing to the financial growth and stability of the Moroccan market.