Vast Menu Raises USD 1.3M in Pre-Seed to Expand NFC & QR Payment Solutions

Vast Menu Raises USD 1.3M in Pre-Seed to Expand NFC & QR Payment Solutions

17 February 2025

Adel AlOtaibi, a young man in traditional Saudi attire, wearing a red and white keffiyeh, smiles confidently with crossed arms, representing Vast Menu's $1.3M Pre-Seed funding.

Adel AlOtaibi, Vast Menu Founder & CEO

Vast Menu, a Saudi startup specializing in NFC and QR code technologies, secured SAR 5 million (USD 1.33 million) in a pre-seed funding round, led by Mr Mandoob.

The startup announced the successful closure of the funding round during LEAP 2025.

Vast Menu provides innovative technological solutions for restaurants and cafés, including integrated payment solutions via QR codes and NFC, facilitating transactions and boosting sales.

It offers the ability to order food without applications, along with flexible menu management and electronic payments via cards and Apple Pay.

LEAP 2025 took place in Riyadh from 9 to 12 February, with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups. It brought together global leaders from the public and private sectors, top innovators, and key stakeholders in tech investment.

Under the theme ‘Into New Worlds,’ this four-day event aimed to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.

Source: Sharikat Mubasher

Author

Lucy, the cute female unicorn of Lucidity Insights, waving and standing in front of a purple background.

Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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