Verto, a fintech platform specializing in B2B cross-border payments, has officially launched operations in the UAE. The move is targeted at bridging payment challenges between the Gulf and emerging markets—especially in Africa—by offering faster, more transparent, and cost-effective solutions.
Verto already processes over USD 25 billion annually for clients such as Unilever and Maersk. Its UAE entry combines local operations with its global payment rails to ease high-value, time-sensitive transactions across currency corridors. The platform provides features like instant or near-instant settlement, competitive FX rates, multi-currency wallets, automated exchange, and full transparency without hidden fees. The aim is to empower businesses to mitigate FX risk, optimize cash flow, and streamline supply chain finance across regions.
In UAE, Verto is authorized by the Dubai Financial Services Authority (DFSA) to offer money services, advisory, and fund management for retail clients. Its Dubai office is located in the Emirates Financial Tower, DIFC.
With global trade corridors expanding and demand for seamless finance infrastructure rising, Verto’s UAE launch is poised to shake up the payments landscape—especially for companies with exposure to African markets.
Reference:
Verto expands to UAE, revolutionising cross-border B2B Payments to emerging markets — Gulf News gulfnews.com
