TESS Payments
ActiveOnline payment gateway and point-of-sale (POS) payment processing platform for Qatari merchants
TESS Payments is a Doha-based fintech offering a payment gateway and POS system for e-commerce and hospitality merchants across Qatar, with mobile SDKs, REST APIs and CMS plugins, bi-weekly settlement to Qatari bank accounts, PCI DSS compliance and 3D Secure 2.0. Founded in 2016, it has been recognized by the Microsoft for Startups program.
Founders
Funding Rounds
Lead: Fingular
Investors: Fingular
Labelled "strategic" by the source. Strategic FDI / stake by Singapore-based Fingular; stake size and amount not disclosed; QDB acted as adviser. Partnership targets $600m in loans over three years. Date is the article date. Also: https://www.gulf-times.com/article/690879/business/qdb-to-act-as-adviser-on-strategic-investment-partnership-between-fingular-and-tess-payments Confidence: confirmed (round 13, Gulf Times).
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