The MENA digital payments market, estimated at $251.34 billion in 2025, is expected to reach $422.56 billion by 2030
cross-border payments
Hubpay launches innovative payroll solution to simplify global payments for UAE businesses
Hubpay Payroll aims to streamline cross-border payroll management, offering competitive FX rates and facilitating seamless mass payments for international teams
Dubai-headquartered fintech MANSA secures $10mn in funding to expand cross-border payments solutions
The funds will support the company’s market expansion into Latin America and Southeast Asia
Project Aperta: UAE joins cross-border finance scheme as it looks to boost SME trade worldwide
CBUAE announces collaboration on project to support cross-border finance and trade for SMEs
Revealed: Stablecoin market capitalisation hits a massive $172bn globally; fast emerging as alternative to dollar savings
They also offer new possibilities for cross-border payments and asset management, improving efficiency and reducing costs, disrupting the business models of traditional banks and financial institutions
BRICS payment network shows promise of blockchain: Phoenix Group’s Bill Qian
The use of a blockchain network could promise more transparency and speed, according to the Phoenix Group Chief Investment Officer Bill Qian
Digital cross-border transfers in Middle East to see rapid growth: Study
The growth in demand for reliable and affordable money transfer services in the region will be driven by the increasing number of expatriates
UAE cross-border payments to surge in 2024
Lower fees, speed, and a simple process were identified as key factors influencing the choice of cross-border payment providers among UAE residents