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Aziz · Saif   Investor Research
Report 13 · Financial Services · Fintech

MENA Cross-Border B2B Payment Rails
85% lower cost · 6-hour settlement vs SWIFT's 3-5 days

Region: UAE · KSA · Egypt · GCC corridors Stage: Series B Ask: $25M (Series B led by strategic CVC)

Investor Dashboard

Key financial KPIs at a glance — % against revenues in QuickBooks-statement style.

Y1 Revenue
$8.0M
Initial scale
Y3 Revenue
$42M
↑ Year-3 target
Y5 Revenue
$140M
↑ Year-5 target
Gross Margin
68%
% vs Revenue
EBITDA Margin
15%
% vs Revenue
CAC Payback
11 mo
Time to recoup
LTV / CAC
6.2x
Unit economics
Capital Ask
$25M
Series B

Revenue Mix · % of Top Line

Cost Structure · % of Operating Cost

Use of Funds · % of $25M Raise

Problem & Solution

85% lower cost · 6-hour settlement vs SWIFT's 3-5 days

The Problem

MENA SME cross-border payments still rely on correspondent-banking SWIFT rails — 3–5 day settlement, 2.5–4% all-in cost, opaque FX, manual reconciliation. The region's $750B intra-MENA trade flow is taxed by infrastructure designed in the 1970s.

Our Solution

A fintech platform combining direct central-bank licenses in 6 markets, on-us settlement for in-network corridors, and orchestration for off-network. Result: 6-hour settlement, transparent FX, API-first integration with ERPs, all-in cost 0.4–0.6%.

Market Opportunity

$750B intra-MENA trade addressable today

Cross-border B2B payment TAM $230B by 2030 · MENA fastest-growing region (+18% CAGR)

FX spread (40bp blended) + per-transaction fee ($1.50 floor) + premium API tier ($5K/mo). Float income on settlement balances. ~70% take rate vs SWIFT cost stack.

Financial Statements · % vs Revenue

QuickBooks-style readout — every line shown as percentage of its parent total.

Revenue Mix

Revenue Stream% of RevenueShare
FX Spread Revenue55.0%55%
Transaction Fees25.0%25%
Premium API Tier12.0%12%
Float Income8.0%8%
Total Revenue100.0%100%

Cost Structure

Cost Line% of CostShare
Banking & Network Fees30.0%30%
Engineering & Product25.0%25%
Compliance & Risk18.0%18%
Sales & GTM15.0%15%
Cloud & Security7.0%7%
G&A5.0%5%
Total Operating Cost100.0%100%

Use of Funds — $25M Raise

Allocation% of RaiseShare
Corridor Expansion (Asia · Africa)35.0%35%
Engineering & Product25.0%25%
Compliance & New Licenses20.0%20%
Working Capital / Float Cap15.0%15%
Brand & Sales5.0%5%
Total Use of Funds100.0%100%

Traction & Proof Points

Moat & Exit Strategy

Defensible Moat

6 hard-won central-bank licenses are a 24–36 month catch-up barrier. On-us settlement network compounds as more SMEs join — each new corridor lowers cost for existing customers. Direct ERP integrations create deep switching costs.

Exit Path

Strategic acquisition by a global card network (Visa, Mastercard) or super-app (Careem, Talabat parent) at 8–12x revenue, or IPO on regional exchange at $250M+ ARR within 5–7 years.

Key Risks