stc pay logo — أول شركة تقنية مالية مرخصة في المملكة من البنك المركزي السعو...

stc pay

أول شركة تقنية مالية مرخصة في المملكة من البنك المركزي السعودي وأكبر محفظة رقمية في الشرق الأوسط وشمال أفريقيا

Founded 2018 Saudi Arabia Saudi Arabia 454 employees Corporate Round Total: $200.00M Finance, Financial Services +3

General Information

Company Name stc pay
Founded Year 2018
Location Saudi Arabia Saudi Arabia
Founders / Decision Makers
Team member
Employees 454
Industries Finance, Financial Services, Fintech +2
Funding Stage Corporate Round
Social

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About stc pay

stc pay is the first licensed financial technology company in the Kingdom of Saudi Arabia, authorized by the Saudi Central Bank. It stands as the largest digital wallet in the Middle East and North Africa. Established in 2018, stc pay offers a digital secure wallet designed to provide users with speed and convenience. The service enables online payments, secure fund transfers, and online purchases at participating retailers, all seamlessly conducted through smart devices. The latest corporate investment of $200.00M in November 22, 2020, came from Western Union, showcasing substantial confidence in the company's potential. With a focus on the finance, financial services, fintech, payments, and banking industries, stc pay exhibits promising growth prospects within the dynamic financial technology landscape. With its headquarters in Saudi Arabia, the firm is strategically positioned to capitalize on the region's burgeoning digital payment market.

Business keywords: digital wallets, online payments, fintech licensing, mobile payments, secure transactions, digital experiences, digital wallet solutions, payment integration, QR code payments, digital purchases, payment technology, mobile financial services

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round $200.00M 1
Western Union
22 Nov 2020

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FAQ About stc pay

أول شركة تقنية مالية مرخصة في المملكة من البنك المركزي السعودي وأكبر محفظة رقمية في الشرق الأوسط وشمال أفريقيا
stc pay was founded in 2018.
stc pay is headquartered in Saudi Arabia.
stc pay operates in Finance, Financial Services, Fintech, Payments and Banking. Its work centres on digital wallets, online payments, fintech licensing and mobile payments.
stc pay has approximately 454 employees.
stc pay has completed 1 funding round, raising a total of $200.00M. The latest funding stage is Corporate Round.
Top alternatives and competitors to stc pay include TAP, VTC Pay, MovoCash, Inc., Skrill, a Paysafe Experience, Lydia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
stc pay and TAP 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 stc pay, https://bouncewatch.com/company/stc-pay, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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