“Can Qoyod become the default financial OS for Saudi SMBs by building ZATCA compliance and payments infrastructure into its accounting core?”
Founded in 2016 by Abdullah Al-Dayel to address the absence of a native Arabic cloud accounting solution for Saudi SMBs. The company evolved from basic bookkeeping software into a comprehensive cloud accounting and e-invoicing platform, shaped heavily by ZATCA regulatory mandates. Achieved ZATCA Phase 1 and Phase 2 certification, positioning Qoyod as a compliance infrastructure layer for Saudi businesses. Now serves 25,000+ businesses and operates a marketplace of third-party integrations covering payments, HR, e-commerce, and AI.
Qoyod processes payments through Stripe, Tap Payments, HyperPay and Geidea.
Qoyod integrates with Stripe, Tap Payments, HyperPay, Geidea, BambooHR, Bitrix24, Amazon Seller Central, Shopify and 4 others.
The Embedded Finance Index 2026 maps 2 layers in Qoyod's stack: Payments / PSP (Stripe, Tap Payments, HyperPay and Geidea); Accounting (Stripe, Tap Payments, HyperPay, Geidea and 8 others).
Qoyod was founded by Abdullah Al-Dayel and is founded in 2016, headquartered in Riyadh, Saudi Arabia.
Qoyod has raised $2.7M in total.
Get a read on where your own stack stands against Qoyod and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.