MenaPay Revenue and Competitors

MenaPay stands for connecting consumers with the digital economy focusing on the unbanked population. MenaPay is the first, fully backed and blockchain based non-bank mobile payment solution and Super Application in the Middle East & Africa region digitalizing cash through a network of offline & online resellers. MenaPay focuses on becoming the digital bank of the region with the vision of connecting new potential consumers with the digital economy. Established in Dubai-UAE by well-known business leaders, MenaPay creates a gateway for the merchants all over the world to onboard the potential consumers in the MENA region. MenaPay offers mobile payment solution with a stable cryptocurrency and SuperApp including different financial instruments and entertainment solutions all in one application for both payment and non-payment purposes as well. MenaPay Platform digitalizes cash with a stable cryptocurrency called MenaCash which has the opportunity to become most commonly used digital currency across the region. The platform on a blockchain caters perfectly well to a society who does not use banks but at the same time opts for a multi- financial solution which is compliant to the Islamic Finance rules. Furthermore, MenaPay creates a fully transparent structure through a perfect use of blockchain technology to serve more than 400 million people across 18 countries, as their primary payment method.