Fatora
“Can a Qatar-born invoicing tool become the full-stack commerce and payments OS for Arab SMBs?”
Founded2018
HQDoha, Qatar (Qatar Science and Technology Park / QSTP)
FoundersWalid Al-Yafei, Saleh Al-Mansouri
IndustryVertical SaaS / E-commerce & Payments
The story
Founded in 2018 as an invoicing and e-payment platform for entrepreneurs and SMBs in Qatar, Fatora quickly expanded beyond simple billing to offer a full commerce stack. By 2019 it added in-person POS/Cashier capabilities, and by 2021 it built out a full e-commerce store builder and payment gateway in response to COVID-driven digitisation. Today the platform serves over 430,000 registered merchant accounts across Arab countries, positioning itself as the all-in-one commerce and payments operating system for Arab SMBs.
Last 12 months
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Product timeline
2018
Fatora founded by Walid Al-Yafei and Saleh Al-Mansouri as an e-payment and invoicing solution for SMBs in Qatar.· pivot
2019
Launched Cashier and Point-of-Sale (POS) service to serve brick-and-mortar merchants needing card payment acceptance.· banking
2021
Expanded into broader e-commerce services to meet pandemic-driven demand, adding online store builder and payment gateway.· pivot
Regulated entities
2
regulatory licences held by Fatora
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Fatora’s embedded-finance stack
Payments / PSP
Accounting gap: significant