Insights

Licensed Payments Leader UBthis insight summarizes that UPayments is the first licensed payments provider by the Central Bank of Kuwait, highlighting regulatory credibility and potential for enterprise-grade payment solutions targeting Kuwaiti businesses seeking compliant and trusted payment infrastructure.

Expansion Opportunity Recent launch of an Online Store with integrated payment gateway, inventory management, and shipping tailored to Kuwait, signaling open opportunities to upsell omnichannel checkout, e-commerce workflows, and regional logistics integrations for local merchants.

Financial Scale Revenue range indicates a mid-sized fintech with substantial transaction volume potential; sales teams can target mid-market firms seeking scalable payment rails, settlement services, and multi-channel payment acceptance to accelerate growth.

Strategic Ownership NBK Group acquisition in 2024 implies strong banking partnerships and potential for co-branded financial services, white-label solutions, and cross-sell of merchant services, merchant accounts, and value-added services through a trusted banking network.

Recognition & Momentum Forbes/Pan Finance recognition and past fintech awards indicate market credibility and positive brand momentum, creating opening to approach regional enterprises with confidence in security, reliability, and innovative payments technology.

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 August 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 August 2026, UPayments has approximately 57 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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