“Can a telecom-backed fintech become the dominant digital wallet and cross-border remittance platform for consumers and SMBs in Oman?”
Founded in 2022 as a fintech subsidiary of Omantel, Ompay entered the market as a digital wallet and prepaid card issuer for consumers in Oman. It quickly expanded its remittance corridor reach by partnering with Thunes for global payouts across 200+ destinations, targeting Oman's large expatriate workforce. The company has since built out a merchant-facing payment gateway and B2B suite, positioning itself as both a consumer wallet and a business payment infrastructure provider within the Gulf region.