“Can FastPay become Iraq's dominant digital payments and financial super-app by bridging the country's large unbanked population to cashless transactions?”
FastPay launched in 2017 as Iraq's first major mobile digital wallet, targeting a largely unbanked population in the Kurdistan Region and beyond. The company expanded from basic P2P transfers to a full-service digital payments super-app covering mobile recharges, utility bills, online cards, and merchant QR payments. It serves both personal consumers and business merchants, positioning itself as Iraq's leading cashless payments infrastructure as the Central Bank of Iraq promotes financial inclusion.
FastPay is founded in 2017 and headquartered in Baghdad, Iraq (with office in Erbil, Kurdistan).
Get a read on where your own stack stands against FastPay and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.