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Madfu offers buy now, pay later payments and cashback through an app for participating merchants.
Founded in 2022, Madfu provides payment and financing services for entertainment, dining and beauty businesses. Users can split purchases at participating stores into three interest-free installments and receive cashback offers. The company is based in Riyadh, Saudi Arabia. In February 2026, it raised SAR 95 million in pre-series A funding from Afaq Capital to expand operations, merchant partnerships and technology.
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