MIT Enterprise Forum Pan Arab
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MadfooatCom

MadfooatCom

Fintech

Jordan

Still operating

Launched in 2011

Competition

Competition

Track

Track

Rank

Rank

Arab Startup Competition Sixth Edition 2013

Startups Track

Semi-finalist




Competition

Arab Startup Competition Sixth Edition 2013: Startups Track - Semi-finalist

Description

MadfooatCom is an online, real-time bill presentment and payment system (EBPPS); which enables customers to inquire about and pay their bills and payments anytime, anywhere using different payment channels.It is the first e-payments company in Jordan, established in 2011 with an investment by Oasis500, aiming to disrupt the cash payments in the emerging markets. In 2014, MadfooatCom won the bid for the Central Bank of Jordan’s project to build and operate eFAWATEERcom; the national electronic bill presentment and payment service in Jordan. Today, it is connected to 100% of the banks and more than 180 billers, the system has processed till date 21.4 million bills worth USD 18 billion.

Founders

Nasser Saleh

Nasser Saleh

Founder and CEO

Team members

Anan Al Wanni / Jordan's Country General Manager

Social media

Visit website

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