“Can a MENA-based, regulated, blockchain-powered wallet become the cross-border financial infrastructure layer for the 800M underbanked across the Middle East, Africa, and Central Asia?”
Pyypl launched in 2017 as a smartphone-first, non-bank digital wallet targeting the ~800M underbanked across MENA, Africa, and Central Asia, using blockchain in its core systems for compliance. The product evolved from consumer prepaid wallets and remittances toward a dual personal-and-business platform, adding micro-investment tooling in 2023 and securing Visa Principal Membership to offer BIN sponsorship and enterprise-grade payout infrastructure to other fintechs.