Noqodi
- Company typePrivate
- Founded2011
- HeadquartersDubai, United Arab Emirates
- Headcount—
- GTM typeB2B and B2C
- OfferingSoftware
Noqodi firmographics
Firmographics- Name
- Noqodi
- Website
- https://noqodi.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Ownership category
- akta.pro rank
Noqodi industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Stored Value Ledger / Wallet Infrastructure (Non-Bank) (FSAMANAM)
- akta.pro secondary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
Keywords
Where Noqodi is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Markets served
Noqodi business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations
Revenue model
- Payment Transaction Services: As a licensed payment platform operating under Central Bank of UAE regulation, Noqodi generates revenue through transaction processing fees for payment services rendered to both individuals and businesses across its financial services ecosystem.
Go-to-market motion1 record
Distribution channels1 record
Noqodi product offering
Product offeringCore offering
Noqodi is a UAE-based electronic payment platform dedicated to processing high-volume digital payments for individuals and businesses. Operating under dual Central Bank of the UAE licenses as a Retail Payment Service Provider and Stored Value Facility, the platform enables cashless transactions, stored value services, and broader financial services across the UAE market.
Differentiator
Problem solved
Functional benefit
Products and services
- Retail Payment Service Provider Platform Central Bank-licensed payment platform providing retail digital payment processing services to individual consumers and business customers across the UAE, enabling cashless transactions.
- Stored Value Facility Service Stored value facility service licensed by the Central Bank of the UAE, providing digital wallet and prepaid value storage capabilities for individual consumers and businesses.
Quantifiable outcome
- Key enabler of UAE's cashless digital economy transition
Companies that use Noqodi
Customer profileSegments2 records
Ideal customer profiles2 records
Noqodi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Noqodi partnerships and signals
Strategic signalScale indicators1 record
Noqodi competitors and assessment
Company assessmentBroad incumbents
- Checkout.com: Global payment processor founded in the UAE, serving enterprise merchants and крупных платежей volume flows worldwide. Comparable as a UAE-origin payment processor with scale ambitions, though it operates as a global incumbent rather than UAE-domestic.
- Mashreq Neo: Digital banking and payments arm of Mashreq Bank UAE, offering payment, card, and wallet services to consumers and businesses. Comparable on UAE retail/business payment services, but operated within a larger bank-led financial services portfolio.
Direct peers
- PayTabs: MENA-origin payment processing platform offering merchant acquiring, payment gateway, and digital wallet services across the GCC. Directly comparable on payment platform business model and regional regulatory licensing approach.
- Network International: UAE-based merchant acquiring and payment processing platform serving banks, merchants, and government entities across MENA. Closest comparable to Noqodi by geography, regulatory profile, and B2B/B2G focus.
- Magnati: UAE-headquartered payment solutions provider offering merchant acquiring, payment processing, and government payment services in MENA. Directly comparable to Noqodi on UAE-domestic focus, regulatory licensing, and government payment clientele.
- HyperPay: MENA-based payment service provider offering online, mobile, and recurring payment processing with regional regulatory licensing. Comparable to Noqodi on payment services scope, regional customer base, and regulatory license-driven business model.
- Telr: UAE-headquartered payment gateway offering online, mobile, and in-store payment processing for SMEs and enterprises in MENA. Directly comparable as a UAE-licensed payment service provider targeting similar merchant segments.
- Tap Payments: MENA-focused payment platform providing online and in-person payment acceptance plus stored value and billing products. Comparable to Noqodi on payment facilitation, regional regulatory footprint, and merchant services orientation.
Regional players
- Geidea: Saudi Arabia-headquartered payment processor providing POS, payment gateway, and merchant services across MENA. Comparable to Noqodi on payment processing model but anchored in a neighboring market with similar regulatory needs.
- Fawry: Egypt-based electronic payment network offering bill payment, mobile wallet, and merchant acceptance services. Comparable as a regional electronic payments platform with similar transaction-fee model and stored value offerings.
Market position
Customer concentration
Noqodi social profiles
Digital presenceNoqodi compliance and trust
Trust signalCompliance2 records
Noqodi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Noqodi leadership team
Management profileNumber of profiles
Profiles1 record
Noqodi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Noqodi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Noqodi
What does Noqodi do?
Noqodi is a UAE-based electronic payment platform dedicated to processing high-volume digital payments for individuals and businesses. Operating under dual Central Bank of the UAE licenses as a Retail Payment Service Provider and Stored Value Facility, the platform enables cashless transactions, stored value services, and broader financial services across the UAE market.
Is Noqodi a public or private company?
Noqodi is a private company. It is classified as unknown and is currently operating.
When was Noqodi founded?
Noqodi was founded in 2011.
Where is Noqodi based?
Noqodi is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Noqodi make money?
One revenue line is on record: payment Transaction Services.
Who are Noqodi's main competitors?
Broad incumbents on record are Checkout.com and Mashreq Neo. Direct peers are PayTabs, Network International, Magnati, HyperPay, Telr and Tap Payments. Regional players are Geidea and Fawry.
Does Noqodi have an API?
No public API is recorded for Noqodi.
What industry is Noqodi in?
Noqodi's product category is Payment Processing. Its primary akta.pro industry code is FSAMANAM, Stored Value Ledger / Wallet Infrastructure (Non-Bank), with a secondary code of FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 522320 and its SIC code is 6159.