“Can a GIE Monétique-certified Algerian payment gateway become the financial super app for Algeria's 45+ million citizens by owning the CIB and Edahabia rails and layering on digital wallets, top-ups, and merchant services?”
Founded in 2024 as an Algerian payment gateway providing direct API access to CIB (interbank card) and Edahabia (Algeria Post card) rails — two of the only widely available digital payment instruments in Algeria. The company quickly broadened its scope beyond pure gateway into a Super App, layering on a digital wallet, P2P transfers, telecom top-ups, and bill payments, positioning itself as the infrastructure backbone for Algeria's nascent e-commerce ecosystem. Its Web3 / blockchain branding reflects an early positioning as 'Algeria's first blockchain payment solution', though the operational rails are traditional Algerian interbank networks. The company remains very early-stage with only ~5 employees and $15K in disclosed funding.
SofizPay processes payments through SofizPay (self-operated).
SofizPay is founded in 2024 and headquartered in Mecheria, Naama, Algeria.
SofizPay has raised $15,000 in total (latest round: Pre-Seed, 2024).
Get a read on where your own stack stands against SofizPay 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.