Amman, Jordan – September 26, 2025 – Mada, Jordan’s next-generation digital Buy Now, Pay Later (BNPL) provider, has raised $1.55 million in a pre-seed funding round, led by Vision Ventures (VV) and D-Investments. The announcement was made at JO Fintech, underscoring a significant milestone in Mada’s mission to reshape digital BNPL across the region.
Founded by Mohammad Merie and Issa Ramadan, Mada is among the early participants in the Jordan Regulatory Sandbox under the supervision of the Central Bank of Jordan (CBJ). The company is currently in its MVP testing phase, preparing for a regulated commercial launch of its digital-first BNPL platform.
Mada has already built strong momentum, serving over 2,500 consumers and partnering with more than 140 merchants through traditional BNPL contracts. Leveraging these insights, Mada is developing a fully digital model designed to offer transparent, interest-free installment options to consumers, while helping merchants boost conversions and drive growth.
Commenting on the development, the founders highlighted the pivotal role of the Central Bank of Jordan in fostering a supportive regulatory framework that enables fintech innovation.
With its fresh capital injection, Mada plans to accelerate product development, expand its merchant network, and scale operations across the region. The company’s long-term ambition is clear: empower consumers, support merchants, and advance financial inclusion.
