Directory profile

STC Pay

SAMA-licensed digital wallet and payments business owned by stc Group, offering instant transfers, bill payment, cards and merchant acceptance.

Updated November 1, 2026 ยท Jeddah Startups index

Profile

STC Pay was Saudi Arabia's first fintech unicorn and remains the largest digital wallet in the Kingdom. Its Jeddah operations cover merchant acquisition, customer support and growth marketing across the Western Region's vast retail and freelance economy.

Jeddah link

Major Jeddah retail-acquisition team driving QR and Mada acceptance across SMEs.

Sectorfintech
Stagegrowth
FundingWestern Union strategic investment (2020 unicorn round)
Employees1,500+
Founded2018