HomeFundingJordan’s MADA Raises $1.55 million to Grow BNPL Services

Jordan’s MADA Raises $1.55 million to Grow BNPL Services

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

MADA, founded in 2018 by Mohammad Merie and Issa Ramadan, is a fintech company that focuses on consumer financing solutions.

The company provides “Buy Now, Pay Later” (BNPL) services in Jordan, helping consumers with flexible payment options, promoting financial inclusion, and offering easy-to-use financing solutions.

MADA is currently operating in the Central Bank of Jordan’s regulatory sandbox. This allows the company to test its services before getting a full license to launch officially.

With the new funding, MADA plans to improve its product and upgrade its technology, while also preparing to expand its services across Jordan.

Its BNPL service lets customers shop instantly and split payments into 4 interest-free installments, making purchases faster, easier, and stress-free.

For merchants, MADA helps increase sales, boost customer loyalty, and reach more customers through a simple and trusted platform.

MADA’s mission is to make financial freedom and smarter spending accessible to everyone.

The company uses technology, transparency, and trust to transform how Jordanians shop, pay, and thrive in the digital economy.

Read more- Saudi Startup DOO Raises $1.7M to Enhance AI Customer Support Across GCC

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