Insights

Licensed Payments Leader Leverage UPayments’ status as the first licensed payments provider by the Central Bank of Kuwait to position security, regulatory compliance, and trusted cross-border capabilities as a selling point for banks, merchants, and fintech partners seeking compliant Kuwait-focused payment solutions.

Growth via Online Store Capitalize on the Sep 2025 launch of UPayments Online Store to offer bundled e-commerce enablement, including secure payment gateway, inventory, and shipping integration, targeting Kuwaiti SMBs looking to digitize and scale quickly.

Acquisition Backing Note NBK Group’s acquisition of UPayments in 2024 as a signal of strong financial backing and strategic stability, presenting an opportunity to pitch enterprise-grade payment platforms with long-term support and potential co-branded offerings.

Recognition Credibility Industry recognition as a top FinTech and best payment solution provider in Kuwait enhances credibility with prospective clients; use awards and Forbes/Pan Finance endorsements to accelerate deal confidence with banks, retailers, and e-commerce platforms.

Medium-Sized Growth Revenue range ($25M–$50M) and 51–200 employees place UPayments in a growth-oriented segment; target mid-market merchants and regional fintechs seeking scalable payment ecosystems, with upsell opportunities in merchant onboarding, analytics, and value-added services.

Similar companies to UPayments

UPayments Tech Stack

UPayments uses 8 technology products and services including Linkedin Insight Tag, Microsoft Clarity, WordPress, and more. Explore UPayments's tech stack below.

UPayments's Email Address Formats

UPayments uses at least 2 email formats:
UPayments Email FormatsExamplePercentage
First.Last@upayments.comJohn.Doe@upayments.com
75%
First.MiddleLast@upayments.comJohn.MichaelDoe@upayments.com
25%

Frequently Asked Questions

What is UPayments's official website and social media links?

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UPayments's official website is upayments.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does UPayments generate?

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As of October 2026, UPayments's annual revenue is estimated to be $25M - $50M.

What is UPayments's NAICS code?

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UPayments's NAICS code is 52 - Finance and Insurance.

How many employees does UPayments have currently?

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As of October 2026, UPayments has approximately 63 employees across 4 continents, including Asia, Africa and North America. Key team members include Chief Technology Officer: B. K. H., Chief Financial Officer: H. A. A. and Head Of Growth: M. S. E. Explore UPayments's employee directory with LeadIQ.

What industry does UPayments belong to?

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UPayments operates in the Financial Services industry.

What technology does UPayments use?

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UPayments's tech stack includes Linkedin Insight Tag, Microsoft Clarity, WordPress, Shopify, Amazon Simple Email Service, Google Workspace, WhatsApp Business and DocuSign.

What is UPayments's email format?

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UPayments's email format typically follows the pattern of First.Last@upayments.com. Find more UPayments email formats with LeadIQ.

When was UPayments founded?

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UPayments was founded in 2016.
UPayments logo

UPayments

Financial ServicesAl Asimah, Kuwait51-200 Employees

UPayments is a mid-sized financial services firm based in Kuwait City, Al Asimah, that provides simple payment services designed to support business growth. It positions itself as the first licensed payments provider by the Central Bank of Kuwait, operating within the country’s regulated payments framework. The company serves merchants who need secure, compliant methods to process payments and manage electronic transactions.

Its primary customers are Kuwait-based merchants seeking reliable payment processing and related capabilities to facilitate sales. The organization is part of Kuwait’s broader payments ecosystem, offering licensed electronic payments services that align with local regulatory standards. In September 2025, UPayments announced the launch of an Online Store, a fully integrated solution that combines payment gateway integration with inventory management and shipping to meet Kuwait’s local requirements.

Section iconCompany Overview

NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
51-200

Section iconFunding & Financials

  • $25M - $50M

    UPayments's revenue is estimated to be in the range of $25M - $50M

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