Kuwait-based UPayments secures seed funding

10 October 2019
Kuwait-based UPayments secures seed funding

E-payment solutions provider UPayments has announced raising seed funding from investors Hamad Ali AlBahar and Saud Al Aujan. The Kuwaiti are very hopeful to expand their services as well as their growing product suite, which provides a variety of fast & secure payment solutions.

"The investment is first seeding round and will help us accelerate our operations and explore new opportunities, “said Nasser AlHumaidi, Co-founder & CEO of UPayments.

The thriving FinTech enabler feel optimistic about their future in the region, expressing their delight at their newly found investors that will offer a substantial boost through their mentorship, expertise and guidance.

“UPayments will use these funds to continue developing innovative payment products that would help every business establish an online presence,” said Ali AlHabshi, Co-founder & COO of UPayments.

Check out their official website: upayments.com

Tags

UPayments, seed, funding, e-money, Kuwait, Nasser AlHumaidi, Ali AlHabshi, Hamad Ali AlBahar, Saud Al Aujan

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