Saudi fintech startup Madfu has closed its Pre-A funding round, raising over SAR 95 million ($25.5 Million) with participation from Afaq Capital and a group of angel investors.
The new capital marks a significant milestone in Madfu’s growth journey and directly supports the company’s 2025 strategic roadmap.
What’s Next for Madfu?
With this investment, Madfu plans to:
- Expand its footprint across Saudi Arabia’s rapidly evolving fintech ecosystem
- Launch new Sharia-compliant payment innovations
- Strengthen strategic partnerships and scale operational capacity
Positioned within the Kingdom’s fast-growing digital payments landscape, Madfu continues to focus on transparent and flexible Buy Now, Pay Later (BNPL) solutions tailored to local market needs.
As Saudi Arabia accelerates financial innovation under Vision 2030, fintech players like Madfu are shaping the next chapter of consumer finance — blending regulatory alignment, Islamic finance principles, and digital-first infrastructure.
This round not only strengthens Madfu’s balance sheet but reinforces investor confidence in the Kingdom’s BNPL and Islamic fintech segments.
A milestone achieved — and a bigger growth phase ahead.
