{"id":13027,"date":"2025-10-07T04:20:30","date_gmt":"2025-10-07T04:20:30","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=28063"},"modified":"2025-10-07T04:20:30","modified_gmt":"2025-10-07T04:20:30","slug":"uk-fintech-verto-launches-in-uae-to-boost-cross-border-payments","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/uk-fintech-verto-launches-in-uae-to-boost-cross-border-payments\/","title":{"rendered":"UK Fintech Verto Launches in UAE to Boost Cross-Border Payments"},"content":{"rendered":"

London-based fintech firm Verto has officially launched its operations in the UAE, marking a significant step in strengthening cross-border payment capabilities between the UAE and emerging market currency corridors, particularly in Africa.<\/p>\n

Processing over US$25 billion annually for clients such as Unilever and Maersk, the company\u2019s platform aims to provide a faster, more secure, and cost-effective solution for managing high-value, time-sensitive transactions.<\/p>\n

\"Helen
Helen Ghebreluul<\/figcaption><\/figure>\n
\n

\u201cThe UAE is a pivotal hub for global commerce, and businesses here demand solutions as dynamic as their operations,\u201d<\/p>\n<\/blockquote>\n

said Helen Ghebreluul, Verto\u2019s UAE Country Manager.<\/p>\n

\n

\u201cOur platform is built to handle the high-value, time-sensitive nature of these transactions, particularly in emerging markets in Africa. We’re not just a service; we\u2019re a critical partner, ensuring that a company\u2019s payments move as fast and reliably as their business.\u201d<\/p>\n<\/blockquote>\n

Verto\u2019s platform integrates local operations in the UAE with established payment rails across key global markets, offering an efficient and reliable workflow.<\/p>\n

This model is designed to support businesses trading along major corridors, including the UAE to Nigeria, Kenya, South Africa, West Africa, and China.<\/p>\n

The platform enables near-instant settlements, allowing payments to clear within hours rather than days, an essential feature for industries where payment delays can disrupt supply chains.<\/p>\n

It also offers competitive and transparent foreign exchange (FX) rates, giving businesses greater flexibility to manage FX risks.<\/p>\n

Companies can lock in rates to hedge against currency volatility, hold multiple currencies in separate wallets, and automate exchanges at optimal rates.<\/p>\n

Additionally, Verto provides full payment traceability, allowing users to monitor transactions end-to-end and eliminating hidden fees often found in traditional banking systems.<\/p>\n

Verto\u2019s Dubai branch, located in the Emirates Financial Tower within the Dubai International Financial Centre (DIFC)<\/a>, is led by an expanding local team.<\/p>\n

The company is authorised by the Dubai Financial Services Authority (DFSA)<\/a> to provide money services, advise or arrange money services, and conduct authorised financial services for retail clients holding or controlling client assets.<\/p>\n

 <\/p>\n

Featured image credit: Edited by Fintech News Middle East, based on image by EyeEm<\/a> via Freepik<\/em><\/p>\n

The post UK Fintech Verto Launches in UAE to Boost Cross-Border Payments<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

London-based fintech firm Verto has officially launched its operations in the UAE, marking a significant step in strengthening cross-border payment capabilities between the UAE and emerging market currency corridors, particularly in Africa. Processing over US$25 billion annually for clients such as Unilever and Maersk, the company\u2019s platform aims to provide a faster, more secure, and […]<\/p>\n

The post UK Fintech Verto Launches in UAE to Boost Cross-Border Payments<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,417,206,418],"tags":[],"class_list":["post-13027","post","type-post","status-publish","format-standard","hentry","category-abu-dhabi","category-africa","category-dubai","category-verto"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=13027"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13027\/revisions"}],"predecessor-version":[{"id":13044,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13027\/revisions\/13044"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=13027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=13027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=13027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}