Moyasar
A Saudi online payment gateway that lets merchants and banks accept mada, cards and digital wallets through a single integration
Moyasar is a Saudi payments company founded in Riyadh in 2015 and licensed by the Saudi Central Bank. It operated with no disclosed funding round until 2024, when it raised 78.75 million riyals ($21 million), led by Jahez.
What does Moyasar do?
Moyasar offers an API that lets merchants accept mada, Visa, Mastercard, Apple Pay, STC Pay and more through a single integration, plus payment links, payment pages and plugins for online stores. It received a Saudi Central Bank license as a payments company in 2022, and in 2025 launched an in-house payment gateway serving merchants and institutions, including banks. It has no consumer app.
Products
Online payment acceptance for merchants through a single integration, with payment links, a payment page and store plugins
An in-house payment gateway for banks, institutions and merchants, officially launched in June 2025
Key features
- Accepts mada, Visa, Mastercard and American Express
- Supports Apple Pay, STC Pay and Samsung Pay
- Payment links and a hosted payment page
- Recurring payments and full local hosting through MPG
- Its first round was led by Jahez, which is also one of its customers
- Calling itself self-funded until 2024 is the company's own description
- Its valuation has not been disclosed
The documentary
8 years without an investment round... and its first investor was one of its customers
Follow the channel so you don’t miss itFunding rounds
| Round | Date | Amount | Lead | Investors | Source |
|---|---|---|---|---|---|
| Seed | March 2024 | $21M | Jahez | Jahez, Derayah Ventures | Source |
Key investors
Founders
Common questions about Moyasar
When was Moyasar founded?
It was founded in Riyadh in 2015 and processed its first payment in 2016.
Who invested in Moyasar?
It raised 78.75 million riyals ($21 million) in 2024, led by Jahez, with participation from Derayah Ventures.
Is Moyasar licensed?
Yes. The Saudi Central Bank announced its license as a payments company in March 2022.
What did Moyasar launch in 2025?
It launched MPG, its in-house payment gateway, which serves merchants and institutions, including banks.