Blexfi is building cross-border payment infrastructure for MENA.
Businesses moving money into and out of these markets face a separate bank, licence and settlement process in every country. Blexfi replaces that with one API and one contract: collect in local currency, convert, and pay out across Egypt, the GCC and the Levant.
What we are building
Local collections across 120+ payment methods, including mada
FX and settlement, including USD via Buna
Payouts to bank accounts and mobile wallets
One integration, one contract, one reconciliation
Blexfi is pre-seed, with $1.6M a year of merchant volume on the waitlist before launch. Saudi Arabia and Egypt are our launch markets: we are pursuing a SAMA Major Payment Institution licence in the Kingdom, and a payment service provider licence with the Central Bank of Egypt alongside a sponsor-bank arrangement.
Come find us at H2.P95. We are looking to meet banks, local acquirers and investors backing payment infrastructure in the region.
hazem@blexfi.com
