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Nearpay provides payment infrastructure that enables merchants to accept in-person NFC card payments.
Nearpay provides payment infrastructure and an SDK that lets merchants accept contactless NFC card payments. Founded in 2020, the company is based in Riyadh, Saudi Arabia. On December 12, 2023, it raised USD 14.00 mn in Series A funding led by Sanabil Investments, with participation from Saudi Telecom Co, Vision Ventures, Hala Ventures, and Arzan Venture Capital.
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