ArifPay
OperatingArifPay is Ethiopia’s first mobile point of sale (MPOS) system for electronic transactions on smartphones.
- FinTech
- Addis Ababa, Ethiopia
- Equity Crowdfunding
- Founded 2021
- arifpay.net ↗
- Total raised
- $3.5M
- disclosed
- Last round
- $3.5M
- Equity Crowdfunding
- Rounds
- 1
- since 2021
- Employees
- 11-50
About ArifPay
ArifPay Wallet is an electronic payment platform allows users to transfer, store, request, accept money using ArifPay mobile application. The Ethiopian government has recently made a push to stimulate innovation in the financial sector, permitting electronic payment issuers to operate independently with banks, consumers, and merchants. Arifpay is well-positioned to become the premier electronic payment issuer in Ethiopia: it has already tested and integrated its software among many of the major banks, and it is the best product in the market that can support electronic billing, electronic receipts, and tax recording services.
ArifPay funding1 round
ArifPay has raised $3.5M across 1 disclosed round. The latest is a $3.5M Equity Crowdfunding announced 19 Mar 2021.
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 19 Mar 2021 | ArifPay Equity Crowdfunding | Not disclosed | $3.5M |
ArifPay founders & team
- Habtamu TadesseFounder and CEO
ArifPay competitorssame sector · similar funding
More FinTech startups in Ethiopia
Frequently asked about ArifPay
- Where is ArifPay based and when was it founded?
- ArifPay is headquartered in Addis Ababa, Ethiopia and was founded in 2021.
- Who founded ArifPay?
- ArifPay was founded by Habtamu Tadesse (Founder and CEO).
- Who is the CEO of ArifPay?
- Habtamu Tadesse is ArifPay's Founder and CEO.
- How much funding has ArifPay raised?
- ArifPay has raised $3.5M across 1 disclosed round. Its latest, a $3.5M Equity Crowdfunding, was announced on Mar 19, 2021.
- What sector is ArifPay in?
- ArifPay operates in FinTech, Financial Services and Payments.
