Hubpay
Intelligent financial products for people's everyday lives
- 21-100 employees
- Fintech
- B2C
- Credit Scoring
- Artificial Intelligence
- Personal finance
- Insurance
- Big data
- Payments
- Soho, London, UK
Jump to section
Company mission
Our mission is to solve for financial inclusion in the world's most challenging markets. We are not afraid of hard things.
Our take
Hubpay is a fintech startup aiming to address the remittance and mobile money industries in emerging markets by launching a financial service specially designed to benefit both the sender and the receiver. By using its service, users can easily send money abroad in the currency of the receiver's country, benefiting from competitive exchange rates and fast transfers.
By enabling low-cost digital remittances and international payments, Hubpay aims to capture a large market share in UAE - the first region where the company launched and one of the largest remittance markets in the world. As part of their growth strategy, they joined the VISA Fast Track Program in order to benefit from Visa's payment network and expertise as they scale their business.
Around $5 trillion is transferred internationally everyday. The international community is so focused on reducing the cost of these transfers that the G20 and UN have agreed a target for the average cost to consumers of 5%. Hubpay's main priority is thus to capitalise on this opportunity and to expand across the Middle East and Asia in order to support the financial inclusion of the remittance community in these emerging markets.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Flexible work – home, office, or both; choose your most productive work mode
- Have an endless summer working from our two global hubs - winter in Dubai, summer in London
- Competitive salary and equity
Funding (last 2 of 6 rounds)
Jan 2024
$1.4m
SERIES B
Sep 2023
$8.3m
SERIES A
Total funding: $34m
Leadership
Kevin Kilty
(CEO & Founder)Kevin founded Hubpay whilst working in the Middle East, where there is a large remittance market. Hubpay provides a digital wallet for both the sender and the receiver, driving financial inclusion.