What is Arab Financial Services?
Established in 1984, Arab Financial Services (AFS) has solidified its reputation as the MEA region's leading payment solutions provider and FinTech enabler. The company specializes in offering comprehensive, end-to-end payment services, encompassing card processing, merchant acquiring, and a sophisticated suite of value-added services. AFS's commitment to innovation is further evidenced by its status as the first processor in the region to achieve Payment Card Industry Data Security Standard (PCI DSS) 3.2 certification, highlighting its dedication to security and operational excellence in the FinTech sector.
How much funding has Arab Financial Services raised?
Arab Financial Services has raised a total of $50M across 1 funding round:
Other Financing Round
$50M
Other Financing Round (2024): $50M, investors not publicly disclosed
What's next for Arab Financial Services?
The recent major strategic investment signals a pivotal moment for Arab Financial Services, likely enabling accelerated expansion of its service offerings and market reach. This capital injection, part of a larger funding initiative, is expected to fuel further technological advancements and bolster its competitive edge in the dynamic MEA FinTech arena. AFS is poised to leverage this financial backing to enhance its payment processing capabilities and solidify its role as a key FinTech enabler.
See full Arab Financial Services company page
