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9/24/25, 11:30 AM HyperPay - The Middle East’s Fintech 50 2025 - Forbes Lists
Fintech
50
16. HyperPay
Description: B2B fintech company
Headquarters: Saudi Arabia
Date of Establishment: 2014
Founder: Muhannad Ebwini
HyperPay offers merchant solutions, including payment
gateways, invoicing services, pay-out systems, and reporting and
analytics. After obtaining an Electronic Money Institution
license in 2024, it plans to launch new products like card-issuing
services and has launched Hypertab (soft POS) and a B2C
Hospitality Solution. Operating across Saudi Arabia, the U.A.E.,
Jordan, Qatar, Bahrain, Egypt, Iraq, and Lebanon, it serves over
17,000 merchants. Backed by Mastercard and Amwal Capital,
HyperPay has raised over $60 million in funding to date.
https://www.forbesmiddleeast.com/lists/the-middle-easts-fintech-50-2025/hyperpay/ 1/1
