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Jordan’s MADA Secures USD 1.55M to Expand BNPL Services

Jordan’s MADA Secures USD 1.55M to Expand BNPL Services
Image Source: Mada LinkedIn
  • Jordan-based fintech MADA raised USD 1.55M pre-seed funding led by Vision Ventures with participation from D-Investments.
  • The company offers Buy Now, Pay Later services in Jordan, operating under the Central Bank’s regulatory sandbox during its testing phase.
  • Funding will support product development, strengthen technology infrastructure, and pave the way for full licensing, rollout, and regional expansion.

MADA

Jordan-based fintech MADA secured USD 1.55 million in a pre-seed funding round. The round was led by Vision Ventures with participation from D-Investments.

Founded in 2018 by Mohammad Merie and Issa Ramadan, MADA is a fintech company specializing in consumer financing solutions. It provides ‘Buy Now Pay Later’ (BNPL) services in Jordan aiming to offer consumers flexible payment options. Furthermore, it aims to promote financial inclusion while empowering consumers with seamless financing solutions.

BNPL

It is currently operating within the Central Bank of Jordan’s experimental regulatory sandbox. With this, it is preparing to obtain full licensing in order to launch its services officially after its testing phase.

Up next, with the funding, it aims to further develop its product and enhance its technology infrastructure. White this, it aims to scale its rollout and expansion.

Its BNPL service is designed to empower shoppers and merchants with smarter, more flexible payment solutions. Furthermore, customers can shop instantly and split their purchases into 4 simple, interest-free installments. Thus, it aims to make purchases easier, faster, and stress-free.

For merchants, it aims to help businesses increase sales, boost customer loyalty, and expand their reach through seamless integrations and a trusted, user-friendly platform.

Its mission is to build a future where financial freedom and smarter spending are accessible to everyone. By combining technology, transparency, and trust, it aims to transform how Jordanians shop, pay, and thrive in today’s digital economy.

Bottom line: MADA’s USD 1.55 million pre-seed funding signals growing investor interest in Jordan’s BNPL sector as regulation takes shape.

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