Hubpay, the first startup licensed in the United Arab Emirates to provide Electronic Money Services, has announced the expansion of its cross-border remittance offering along with launching a \u2018Hubpay for Business\u2019 payments solution.<\/p>\n\n\n\n
Hubpay is a fast-growing technology company that provides digital payments solutions for consumers and small to medium size businesses in the MENA region focusing on world-class customer care and competitive pricing.<\/p>\n\n\n\n
Hubpay launched a mobile App in 2020 and was one of the first in the United Arab Emirates to have an innovative, fully-digital account opening process. With the Hubpay App, customers can conveniently open an account and safely remit money to India, Pakistan, the Philippines, and Bangladesh within minutes.<\/p>\n\n\n\n
\u201cThere are 3 key factors to making payments in the MENA region; payment security, payment speed, and transaction cost. We built Hubpay to optimise all 3 factors and will continuously do so to give the best customer experience to our retail and business customers,\u201d says Punit Ghumra, VP Finance.<\/p>\n\n\n\n
Building on the success of the company\u2019s remittance mobile App, Hubpay has recently expanded remittances from the UAE<\/a> to over 40 additional countries including the UK, Canada, South Africa, Ghana, Kenya, Tanzania, Nigeria, Nepal, Indonesia, and countries across the EU.<\/p>\n\n\n\n \u201cOur strength is leveraging deep expertise from world-leading financial institutions to drive FinTech ecosystems forward; opening up innovation that benefits both consumers and companies. This year we look forward to helping C-level Executives, Finance and Treasury teams optimise their company\u2019s bottom line with our Corporate products,\u201d says Marjolein van Paridon, COO of Hubpay.<\/p>\n\n\n\n Hubpay\u2019s new international payments solution for businesses has a fair and transparent pricing structure. Clients can open a Hubpay account and begin trading in less than thirty minutes. Hubpay\u2019s onboarding, operations, and customer care teams prioritise service excellence and are based in-country.<\/p>\n\n\n\n Founded in 2018 by Kevin Kilty, Hubpay is an international digital wallet that enables customers to make secure local and cross-border payments. At the start of 2022, Hubpay raised a $20 million Series A fundraising round, led by Signal Peak Ventures, joined by Olive Tree Capital and BECO Capital, and supported by early-stage backers Stormbreaker, Emkan Capital and Aditum.<\/p>\n","protected":false},"excerpt":{"rendered":" Hubpay, the first startup licensed in the United Arab Emirates to provide Electronic Money Services, has announced the expansion of its cross-border remittance offering along with launching a \u2018Hubpay for Business\u2019 payments solution. Hubpay is a fast-growing technology company that provides digital payments solutions for consumers and small to medium size businesses in the MENA […]<\/p>\n","protected":false},"author":1,"featured_media":19438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-19436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",1342,1102,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",1342,1102,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",1342,1102,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6-300x246.jpg",300,246,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6-1024x841.jpg",1024,841,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",1342,1102,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",1342,1102,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",511,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2023\/02\/Untitled-6.jpg",100,82,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"Hubpay, the first startup licensed in the United Arab Emirates to provide Electronic Money Services, has announced the expansion of its cross-border remittance offering along with launching a \u2018Hubpay for Business\u2019 payments solution. Hubpay is a fast-growing technology company that provides digital payments solutions for consumers and small to medium size businesses in the MENA…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/19436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=19436"}],"version-history":[{"count":2,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/19436\/revisions"}],"predecessor-version":[{"id":20659,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/19436\/revisions\/20659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/19438"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=19436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=19436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=19436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}