MadfoatCom logo — MadfoatCom is Fintech company focusing on online, real-time...

MadfoatCom

MadfoatCom is Fintech company focusing on online, real-time bill presentment and payment services (EBPPS)

Founded 2011 Jordan Jordan 197 employees Series B Total: $7.73M Financial Services, Fintech +2

General Information

Company Name MadfoatCom
Founded Year 2011
Location Jordan Jordan
Founders / Decision Makers
Team member Team member
Employees 197
Industries Financial Services, Fintech, Information Technology +1
Funding Stage Series B
Social

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About MadfoatCom

MadfoatCom is a Fintech company with a focus on online, real-time bill presentment and payment services (EBPPS). Established in 2011 with support from Oasis500 and strategic shareholders from Jordan and GCC, the company aims to connect banks with billers to facilitate bill payment and inquiry through electronic channels 24/7. Their mission is to provide seamless global electronic presentment and payment services for businesses and individuals, enabling businesses to add value to their clients and simplify the payments process for individuals. The vision of MadfoatCom is to lead in disrupting cash payments by providing innovative solutions for electronic payments. Their last investment was a $2.30M Series B investment on 02 April 2018, funded by Arab Palestinian Investment Company (APIC). The company is headquartered in Jordan and operates in the Financial Services, Fintech, Information Technology, and Payments industries.

Business keywords: Online Payment, Digital Payment, Payment Gateway, Digital Transformation, Electronic Wallet, Real-time Bill Presentment, ePayments, Microservices Architecture, Financial Inclusion, Electronic Bill Payment, RTGS, Business Process Streamlining, Electronic Billing Solutions, Financial Technology

Services & Products

eFAWATEERcom
MadfoatCom Payment Gateways
MadPay
Madfoatcom Vouchers

Target Customers

Customers and businesses seeking electronic billing and payment solutions merchants requiring secure online transaction validation individuals needing money transfer and bill payment services online shoppers looking for vouchers for popular games and websites

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $2.30M 1
Arab Palestinian Investment Company (APIC)
02 Apr 2018
Venture Round $5.40M 9
Bank al Etihad, Investment Benefits for ICT Co. +7
01 Mar 2015
Pre Seed Round $31.00K -
01 May 2012

MadfoatCom Alternatives & Competitors

View All Alternatives
MadfoatCom vs
ACI Payments, Inc.
ACI Payments, Inc. United States

Pay taxes, utility bills, tuition & more online, on time.

191 employees
Financial Services, Payments
MadfoatCom vs

SWITCH Company for Financial Service and Payment Solution

491 employees
Financial Services, Payments
MadfoatCom vs
PayQin
PayQin United Kingdom

Making online payment simple for emerging countries.

Series A
16 employees
E-Commerce, Financial Services

FAQ About MadfoatCom

MadfoatCom is Fintech company focusing on online, real-time bill presentment and payment services (EBPPS)
MadfoatCom was founded in 2011.
MadfoatCom is headquartered in Jordan.
MadfoatCom operates in Financial Services, Fintech, Information Technology and Payments. Its work centres on Online Payment, Digital Payment, Payment Gateway and Digital Transformation. Its customers include Customers and businesses seeking electronic billing and payment solutions, merchants requiring secure online transaction validation and individuals needing money transfer and bill payment services.
MadfoatCom has approximately 197 employees.
MadfoatCom has completed 3 funding rounds, raising a total of $7.73M. The latest funding stage is Series B.
MadfoatCom offers: eFAWATEERcom, MadfoatCom Payment Gateways, MadPay, Madfoatcom Vouchers.
Top alternatives and competitors to MadfoatCom include ACI Payments, Inc., SWITCH®, PayQin, Khalti, Paymentus. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MadfoatCom and ACI Payments, Inc. 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 MadfoatCom, https://bouncewatch.com/company/madfoatcom, updated 26 February 2025. When citing, please name BounceWatch and link this page.

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