What InvoiceQ does

InvoiceQ is a Jordan-based, Amman-headquartered fintech founded in 2020 that provides cloud-based electronic invoicing and tax-compliance software for businesses operating in the Middle East. The platform serves 800+ customers across six country-specific deployments covering Saudi Arabia, Jordan, the UAE, Egypt, Oman, and Qatar, with direct integrations into the ZATCA FATOORA platform, UAE Federal Tax Authority, Egyptian Tax Authority, Oman Tax Authority (Fawtara), and Jordan's Income and Sales Tax Department. It also operates as a certified Peppol Access Point and SMP for cross-border invoicing under both the 4-corner and 5-corner (Peppol CTC/DCTCE) models.

The technical core is an API-driven SaaS platform that connects ERP, accounting, and POS systems to each country's tax authority without requiring replacement of customer infrastructure. Native integrations cover SAP, Oracle, Microsoft Dynamics, QuickBooks, Xero, and JD Edwards, alongside four POS integration modes (embedded Android SDK, offline REST API, online SaaS API, and proxy/middleware). Phase 2 ZATCA support includes XML invoice generation, UUID, QR codes, digital signatures, and cryptographic stamping, with local Saudi data hosting and ISO/IEC 27001:2022 plus ISO 22301:2019 certifications. Supporting modules include a mobile application, inventory management, procurement management, and large-scale billing cycle management, plus an AI-powered Arabic invoice translation feature to meet ZATCA's Arabic-language mandate.

Revenue is generated primarily through annual SaaS subscriptions (Basic SAR 700 / 200 invoices, Standard SAR 1,200 / 500 invoices, Enterprise SAR 4,000 / unlimited) and custom-priced ZATCA Integration Plans for ERP-connected deployments. Distribution mixes direct enterprise sales with channel partnerships — most notably NARD POS for retail and Orange Jordan for telecom-anchored enterprise clients in Jordan — supported by SEO-optimized country-specific websites, a regulatory-update blog, a 15-video demo library, and active social profiles. The company has raised approximately $2.49M across pre-seed, seed, and 2024 funding rounds led by Ahli Fintech, Propeller Inc., and F6 Ventures, with strategic participation from Orange Ventures, Natejsoft, and Oasis500, and maintains a Dubai (DIFC) regional office alongside its Amman headquarters.

Name

InvoiceQ

Legal name

InvoiceQ

Website

https://invoiceq.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

InvoiceQ is a Jordan-based fintech providing cloud-based e-invoicing and tax-compliance software to 800+ Middle Eastern businesses, with direct integrations into ZATCA, FTA, ETA, OTA, ISTD, and the Peppol network across six country-specific deployments.

Ownership category

akta.pro rank

Product category

E-Invoicing Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

E-Invoicing & Invoice Presentment (B2B/B2G) (FSAMAJAF)

akta.pro secondary industry

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)

Keywords

• Electronic invoicing software
• Tax compliance solutions
• ZATCA integration platform
• ERP invoicing integration
• Peppol access point

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription Plans: Annual subscription-based pricing tiers (Basic, Standard, Enterprise) providing access to the e-invoicing platform, with higher tiers offering more invoice volume and additional features. ZATCA Integration Plan is offered at custom pricing for ERP/accounting system integration.
2. Per-Invoice Volume Pricing: Invoice volume-based tier structure: Basic Plan (200 invoices/SAR 700/year), Standard Plan (500 invoices/SAR 1,200/year), Enterprise Plan (unlimited invoices/SAR 4,000/year). Usage above tier limits would require plan upgrades.
3. ERP Integration Services (Custom): Custom-priced ZATCA Integration Plan for businesses using accounting systems or ERP platforms (Oracle, SAP, Microsoft Dynamics, QuickBooks, etc.), enabling direct connection to ZATCA without replacing existing infrastructure. Pricing determined based on integration complexity, system type, and support requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

InvoiceQ provides a cloud-based electronic invoicing SaaS platform that enables Middle Eastern businesses to issue, manage, and archive tax-compliant e-invoices directly integrated with national tax authorities (ZATCA in Saudi Arabia, FTA in UAE, ETA in Egypt, OTA in Oman, and ISTD in Jordan). The platform combines an e-invoicing portal, API-based ERP/accounting/POS integration, mobile applications, and Peppol-certified cross-border exchange to support both B2B clearance and B2C reporting models. It serves SMBs through enterprise clients with annual subscription plans and custom ERP integration services.

Product overview

InvoiceQ is a regional e-invoicing platform providing tax-compliant electronic invoice solutions across the Middle East, with country-specific offerings for Saudi Arabia, UAE, Jordan, Egypt, Qatar, and Oman. The core platform consists of an Online E-Invoicing Portal for invoice lifecycle management (creation, issuance, receiving, tracking, and collection), backed by API-based integration services connecting ERP/accounting systems (SAP, Oracle, Microsoft Dynamics, QuickBooks, Xero, JD Edwards) and POS systems to tax authorities (ZATCA, FTA, ISTD, ETA, OTA). The Peppol-certified Access Point (AP/SMP) service enables standardized cross-border invoice exchange via the Peppol network. Supporting modules include mobile applications (iOS/Android), stock management, procurement management, large-scale billing cycle management, and four POS integration modes (Embedded SDK/Kotlin-Android, Offline REST API, Online SaaS API, and Proxy/Middleware). Saudi Arabia pricing tiers (Basic at SAR 700/200 invoices, Standard at SAR 1,200/500 invoices, Enterprise at SAR 4,000/unlimited) and ZATCA Phase 2 custom integration plans are offered. A January 2026 technical partnership with Nard POS extends POS-integrated e-invoicing to retail businesses across Saudi Arabia, Jordan, Egypt, and Kuwait.

Differentiator

Problem solved

Functional benefit

Products and services

• InvoiceQ E-Invoicing Portal Online e-invoicing portal for Middle Eastern businesses to create, send, receive, track, and collect tax-compliant electronic invoices across Saudi Arabia (ZATCA), UAE (FTA), Egypt (ETA), Oman (OTA), and Jordan (ISTD). Supports both B2B (Tax Invoice / Clearance Model) and B2C (Simplified Tax Invoice / Reporting Model) workflows with built-in Arabic invoice translation.
• InvoiceQ API & Full Integration API-based integration service connecting ERP, accounting, and POS systems (SAP, Oracle, Microsoft Dynamics, QuickBooks, Xero, JD Edwards) directly with tax authorities (ZATCA, FTA, ISTD, ETA, OTA). Supports online SaaS API mode, offline REST API mode on local servers, and proxy-based middleware integration for real-time or asynchronous invoice submission, XML formatting, QR code generation, and digital signatures.
• InvoiceQ Mobile Application iOS and Android mobile application enabling businesses to create, view, and manage tax-compliant e-invoices on mobile devices. Supports SMS and email invoice notifications to customers and integration with POS devices for issuing and collecting invoice payments.
• InvoiceQ Certified Peppol Certified Peppol Access Point (AP) and Subscription Manager (SMP) service enabling standardized electronic invoice exchange via the Peppol network. Supports both the 4-corner model (business document exchange) and the 5-corner Peppol CTC/DCTCE model (with real-time tax authority reporting), available in the UAE and across regional markets.
• InvoiceQ POS Integration POS integration offering providing four distinct technical modes for connecting point-of-sale devices to ZATCA Phase 2 compliant e-invoicing: (1) Embedded SDK for Android-based POS devices with offline capability; (2) Offline Mode via REST API on local servers; (3) Online Mode via InvoiceQ SaaS API for real-time connectivity; (4) Proxy-Based Integration via middleware gateway for legacy POS systems. Each POS device pairs 1:1 with its own EGS device per ZATCA Phase 2 requirements.
• InvoiceQ National E-Invoicing Integration (Jordan) Integrated application delivered with Orange Jordan that enables enterprise clients to automate invoice issuance and connect with Jordan's National E-Invoicing System. Provides cross-platform accessibility and supports compliance with Jordanian fiscal transparency regulations mandating that commercial entities submit financial data through the national system.

Quantifiable outcome

• Issued over 10,000 invoices valued at USD 170 million as of March 2022
• +4 more outcomes

Named customers1 record

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability2 records

Feature12 records

Partnerships

Four partnerships are on record, tiered core.

• Orange JordancoreGTM or Marketing Partner · 19 June 2026Orange Jordan and InvoiceQ partnered to launch an integrated application enabling enterprise clients to automate invoice issuance and connect with Jordan's National E-Invoicing System. The application features cross-platform accessibility to ease compliance with regulatory directives mandating that all commercial entities submit financial data through the national system.
• ZATCA (Zakat, Tax and Customs Authority)coreTechnology or IntegrationInvoiceQ is an authorized and qualified provider for Phase 2 e-invoicing integration with ZATCA in Saudi Arabia, enabling direct connection between businesses' systems and the FATOORA platform. The company maintains ongoing technical alignment with ZATCA's evolving requirements.
• FTA (Federal Tax Authority, UAE)coreTechnology or IntegrationInvoiceQ is an accredited e-invoicing provider compliant with the requirements of the UAE Federal Tax Authority. The company integrates directly with FTA systems for compliant invoice issuance and exchange in the UAE market.
• NARD POScoreTechnology or IntegrationTechnical partnership between InvoiceQ and NARD POS to deliver an integrated e-invoicing solution through POS systems. The integration enables retail businesses to issue ZATCA-compliant electronic invoices directly from NARD's POS system, combining POS sales operations with automated tax compliance. NARD provides cloud-based POS systems with over 15 years of retail experience across the Middle East and North Africa.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Qoyod: Saudi cloud accounting and e-invoicing SaaS for SMBs. Direct competitor targeting the same ZATCA-mandated compliance use cases through a SaaS portal plus ERP/accounting integrations.
• Foodics: Saudi-born POS and restaurant-management platform with ZATCA Phase 2 e-invoicing capabilities. Competes for the same F&B and retail POS-integrated e-invoicing workloads and is also a ZATCA-qualified provider.
• Mudad: Saudi cloud accounting, payroll, and e-invoicing product serving SMBs. Direct regional peer in the compliance-driven accounting stack feeding ZATCA and other MENA tax authorities.
• Tipalti: AP automation and supplier invoice-management platform. Overlaps on invoice ingestion, ERP integration, and multi-currency compliance workflows, though targeted at global mid-market rather than MENA mandates.
• Bill.com: SMB-focused AP/AR and e-payments platform in the US market. Comparable SaaS model, integration architecture, and SMB target segment, though geographically disjoint.

Regional players

• ProgressSoft: Jordan-headquartered fintech / payments technology vendor with regional e-invoicing and document-processing offerings. Comparable regional scope, scale, and Arabic-market heritage though with a broader payments portfolio.

Broad incumbents

• Sovos: Global tax compliance and e-invoicing platform serving multinationals. Competes indirectly where large ERP customers look for a single global compliance vendor rather than regional specialists like InvoiceQ.
• Pagero (Vertex): Peppol Access Point and global e-invoicing network (now part of Vertex). Competes for cross-border Peppol traffic and any multinational customer standardized on a global provider over a regional one.
• Basware: Finnish AP automation and e-invoicing vendor with strong European enterprise footprint. Comparable at the AP/invoice-automation layer, but no native specialization in MENA tax authorities.

Emerging players

• ClearTax: India-based tax compliance and e-invoicing platform. Comparable in building a regulatory-first invoicing platform atop country mandates, with growing cross-border ambitions adjacent to InvoiceQ's Peppol reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/InvoiceQ_MENA
• YouTubeyoutube.com/@InvoiceQsystem
• Facebookfacebook.com/InvoiceQQ
• LinkedInlinkedin.com/company/invoiceq
• Instagraminstagram.com/invoiceqsystem

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InvoiceQ