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Arifpay logo — Arifpay Financial Technologies S.C. is a financial instituti...

Arifpay

Arifpay Financial Technologies S.C. is a financial institution licensed by the National Bank of Ethiopia.

Founded 2021 Ethiopia Ethiopia 66 employees Equity Crowdfunding Payments

General Information

Company Name Arifpay
Founded Year 2021
Location Ethiopia Ethiopia
Employees 66
Industries Payments
Funding Stage Equity Crowdfunding
Social

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About Arifpay

Arifpay Financial Technologies S.C. is a financial institution licensed by the National Bank of Ethiopia, offering digital payment solutions such as ArifPOS and ArifGateway. As Ethiopia’s first Point of Sale (POS) Payment System Operator (PSO), Arifpay provides payment solutions for smartphones, POS, and QR payment terminals. Moreover, the company holds a license to offer payment gateway solutions encompassing utility bills, airtime top-up, eCommerce, and school fee processing. Founded in 2021, Arifpay presents innovative, secure, and easy-to-implement digital payment solutions tailored for MSME merchants, banks, and customers, in collaboration with commercial partners. As of now, there is no publicly disclosed information regarding the last investment or the participating investors.

This venture capital presents an interesting opportunity, as Arifpay is addressing the digital payment needs in a region with significant growth potential. The company's focus on providing tailored solutions for MSME merchants and its licensing by the National Bank of Ethiopia solidify its position in the payment industry. Additionally, being the first POS Payment System Operator in Ethiopia adds a pioneering edge to its operations. However, without disclosed information about the last investment or the participating investors, it's essential to consider the funding aspects and the potential impact on the company's growth and expansion strategies.

In conclusion, Arifpay presents an intriguing case within the payments industry in Ethiopia, positioning itself as an innovative and licensed financial institution offering digital payment solutions. While the lack of disclosed recent investment details raises questions about its current financial standing and growth trajectory, the company's pioneering position and tailored approach to the market make it a noteworthy prospect for venture capital consideration.

No funding data available for Arifpay yet.

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FAQ About Arifpay

Arifpay Financial Technologies S.C. is a financial institution licensed by the National Bank of Ethiopia.
Arifpay was founded in 2021.
Arifpay is headquartered in Ethiopia.
Arifpay operates in Payments.
Arifpay has approximately 66 employees.
Top alternatives and competitors to Arifpay include Argo Payment Services - Payment Institution. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Arifpay and Argo Payment Services - Payment Institution are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Arifpay, https://bouncewatch.com/company/arifpay, updated 6 January 2025. When citing, please name BounceWatch and link this page.

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