THE MIDDLE EAST'S

TOP 25 FINTECH
COMPANIES 2022

23. Telr

Date of Establishment: 2014
Headquarters: U.A.E.
Description: Online payment gateway
Founders: Khalil Alami

With a presence in the U.A.E. and Saudi Arabia, Telr enables merchants to accept digital payments in over 120 currencies and 30 languages. Other services include social commerce, QR Code payments, anti-fraud protection, BNPL, and a tool for creating an online store in minutes. Telr processed nine million transactions worth a total of $1 billion in 2021. In November 2021, it raised an equity investment of $15 million from the Indian payments and API banking solutions company, Cashfree Payments, bringing its total funding to $29 million.