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← Embedded Finance Index 2026/Vendor

HyperPay

Provider
PSP

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 1 category.

hyperpay.com ↗Also analysed as a company — its own stack →
CategoriesPSP
Rank#258 of 528 in PSP
Buyers2 companies
HeadquartersRiyadh, Saudi Arabia
Founded2010
FoundersMuhannad Ebwini
Raised$51.2M

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Founders & story · from HyperPay’s own dossier

HyperPay was founded in 2010 and began processing online payments in 2014, quickly becoming one of the fastest-growing PSPs in the MENA region. The company evolved from a pure payment gateway into an all-in-one fintech platform offering payments, invoicing (HyperBill), payouts (HyperSplits), fraud protection (Protect), hospitality payments, tap-to-pay (HyperTap), and spend management with virtual and physical corporate cards. The $36.7M fundraise led by Mastercard validated HyperPay's regional ambitions, and its 2025 Saudi Central Bank license signals further expansion into broader financial services.

Latest round: Series B (led by Mastercard), $36.7M
Recent developments
  • 2025-02HyperPay and ACI Worldwide announced an extended partnership to deliver AI-driven payment innovations across the MENA region. source ↗
  • 2025-01HyperPay announced it obtained a new license from the Saudi Central Bank to expand digital services in Saudi Arabia. source ↗
Full dossier: HyperPay’s own stack, layer by layer →
Who uses HyperPay
2 companies disclose HyperPay in their stack
QoyodPayrails
Buyer mix · 2 of 2 classified
Horizontal SaaS / Accounting · 1Infrastructure / Payments · 1
MENA · 1EU · 1
What the disclosures say
Qoyod
“Qoyod knowledge base and marketplace pages document integrations with Stripe (qoyod.com/en/knowledge-base/integrations/integration-stripe/), Tap Payments (qoyod.com/en/knowledge-base/integrations/integration-tap/), HyperPay (qoyod.com/en/marketplace/payments/hyperpay/), and Geidea (qoyod.com/en/marketplace/payments/gei…”
Payrails
“Payrails' own docs list supported PSPs for cards (Adyen, Stripe, Checkout.com, dLocal, Fawry, Flutterwave, Garanti BBVA, HyperPay, Lidio, PayU, Pine Labs, Tap, Unlimit, AmEx, plus Nuvei/Worldpay coming soon) and integrations for orchestration (Adyen, HiPay, Amazon, Braintree/PayPal, Checkout.com, dLocal, Klarna, Stripe…”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent HyperPay? Claim this profile above to unlock your own full list.
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What HyperPay runs on · from its own dossier
The third-party providers HyperPay itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose HyperPay.
Tokenization
true
Card Network
VisaMastercard
Full dossier with evidence for each layer →
Alternatives to HyperPay

Other PSP providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Stripe784 buyers →Adyen317 buyers →PayPal153 buyers →Checkout.com114 buyers →Worldpay89 buyers →Mollie63 buyers →Braintree57 buyers →Pix50 buyers →
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Ranked #258 of 528 in PSP — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/hyperpay?ref=badge">
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       alt="Ranked #258 of 528 in PSP — Embedded Finance Index 2026">
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HyperPay — frequently asked

Which companies use HyperPay?

2 companies are linked to HyperPay in the Embedded Finance Index 2026, through their own public disclosures or HyperPay's published customer list, including Qoyod and Payrails.

What does HyperPay do?

HyperPay is an embedded-finance provider in PSP. It ranks #258 of 528 PSP providers by linked companies.

What are the alternatives to HyperPay?

The most-named PSP alternatives to HyperPay are Stripe (784 buyers), Adyen (317 buyers), PayPal (153 buyers), Checkout.com (114 buyers), Worldpay (89 buyers) and Mollie (63 buyers).

Who founded HyperPay?

HyperPay was founded by Muhannad Ebwini and is founded in 2010, headquartered in Riyadh, Saudi Arabia.

How much funding has HyperPay raised?

HyperPay has raised $51.2M in total.

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