Enables digital payments for the approaching 1 billion smartphone users in the Middle East and Africa. Pyypl uses blockchain, de-centralized web, and machine learning for new levels of security and compliance, while delivering a superb digital customer experience. Headquartered in the United Arab Emirates, Pyypl partners with banks and payment networks for building a world-leading FinTech ecosystem in the Middle East and Africa.”

KYC, onboarding and fraud prevention (RegTech); winner ofFinTech Abu Dhabi Innovation Challenge (2017)

Cash management; virtual ATMs

Digital private financing platform where business-to-business commercial trading partners and institutional lenders conduct commercial and financial settlement and short-term debt capital finance transactions including invoice factoring and working capital finance. The platform will cryptographically register transactions on a private permissioned blockchain network enabled by digital programmable self-executable smart contracts.

Licensed by MAS; participated in UK FCA Regulatory Sandbox, ADGM RegLab and Brunei Sandbox

Blockchain-based, smart settlement system for the hospitality industry. The system allows hotel guests to pay for services, activities, and amenities at the hotel with the Lucid Pay wristband or digital wallet. The system records information on each transaction on the blockchain, reducing the risk of fraud and the time it takes to resolve disputed payments. The solution can be fully integrated with the hotel’s existing payment and point-of-sales systems, and participating venues outside the hotel.

Cross-border payments service which chooses the most cost- and time-efficient rails to reach the payee. These rails include using blockchain networks such as Ethereum or Ripple, as well as traditional bank and SWIFT-based transfer mechanisms.