Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying and securing payment processes for merchants. The company develops innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups. Nearpay's software includes a point-of-sale application that allows merchants to accept contactless payments via smartphones, eliminating the necessity for credit or debit cards. This technology is designed to empower small store owners, shipping representatives, and food delivery partners to collect payments effortlessly, enhancing the overall customer experience. Through its commitment to making payments more accessible, Nearpay is actively shaping the future of financial transactions.
Nearpay
Seed Round in 2022
Nearpay is a fintech startup based in Saudi Arabia, dedicated to simplifying and securing payment processes for merchants. The company develops innovative payment infrastructure solutions tailored for banks, payment providers, and SaaS startups. Nearpay's software includes a point-of-sale application that allows merchants to accept contactless payments via smartphones, eliminating the necessity for credit or debit cards. This technology is designed to empower small store owners, shipping representatives, and food delivery partners to collect payments effortlessly, enhancing the overall customer experience. Through its commitment to making payments more accessible, Nearpay is actively shaping the future of financial transactions.
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
Tamara
Pre Seed Round in 2020
Tamara is a prominent shopping and payments platform based in Riyadh, Saudi Arabia, and serves the GCC region. Founded in September 2020 by Abdulmajeed Alsukhan and his partners, the company aims to revolutionize shopping, payment, and banking experiences. With a workforce of over 350 employees, Tamara operates additional offices in the UAE, Egypt, Germany, and Vietnam. The platform empowers merchants by providing flexible payment solutions, including installment options, through its application programming interfaces and plugins. This functionality enhances customer experiences and boosts sales for merchants. Tamara has established a robust customer base of 6 million and collaborates with over 15,000 partner merchants, which include both leading global brands and local small and medium enterprises. The company has successfully raised significant funding, highlighting its strong market presence and growth potential.
VUZ is a prominent immersive social application that specializes in delivering XR and Metaverse digital experiences, enhancing the realism of virtual interactions. Launched in 2017, the company operates from offices in Los Angeles, Dubai, and Riyadh. VUZ offers the world's largest premium library of exclusive immersive content, featuring over 20,000 hours of material that spans entertainment, creators, and sports, along with XR, VR, and AR experiences accessible from virtually anywhere. The platform's primary goal is to foster connections among users by providing authentic immersive experiences, effectively eliminating barriers related to travel, time, and access for billions globally. By streaming live events such as sports, talk shows, and music, VUZ enables users to engage with these experiences in a uniquely immersive manner, leveraging advanced technologies for an enriched social interaction.
Telfaz11 is a media production company based in Riyadh, Saudi Arabia, founded in 2011. It operates an Arabic multi-channel network that focuses on talent management, comedy, entertainment, and content creation. The company specializes in producing and distributing engaging online content, partnering with video platforms to deliver captivating series and films that resonate with local audiences while maintaining universal appeal. Telfaz11 influences social trends and provides opportunities for brands to promote themselves through its creative entertainment offerings, ensuring a blend of entertainment and brand promotion within its network.
DailyMealz is a food delivery platform based in Riyadh, Saudi Arabia, founded in 2017. The company focuses on promoting healthy eating by connecting customers with the best healthy food restaurants in Saudi Arabia and Kuwait. Through its innovative platform, DailyMealz offers subscription services that allow users to order nutritious meals for a week or a month, ensuring they receive a variety of healthy options made from local ingredients. With a team of skilled inventors and professional drivers, DailyMealz simplifies the process of enjoying healthy meals every day, delivering them directly to customers' doorsteps.