THE MIDDLE EAST'S
TOP 25 FINTECH
Date of Establishment: 2016
Description: Payment service provider
Founders: Ali AlHabshi, Nasser Al Humaidi
UPayments is a payment service provider offering online invoicing systems, an ecommerce platform, property management, and a payment gateway. The company is licensed by the Central Bank of Kuwait and provides its services through its website and app. In 2021, UPayments processed over $689 million in transactions. Its app has been downloaded over 150,000 times. The company has partnerships with the National Bank of Kuwait and Zain Telecom. It currently operates in Kuwait, Qatar and Saudi Arabia.