Hubpay

Hubpay holds a Category 4 license from the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre. This license permits Hubpay to conduct money services including cross-border payments, FX, and digital-asset custody and settlement activities, distinguishing it from unregulated fintechs and giving it direct access to regional banking rails.

Hubpay enables settlement using regulated stablecoins, including USDC and USDT, alongside conventional fiat rails. Institutional clients can hold, send, and receive stablecoins through Hubpay's treasury workstation without managing separate wallets or custody infrastructure. This reduces settlement time and cost on specific corridors where correspondent banking remains slow.

Hubpay focuses on the UAE-to-South Asia corridor, with heavy volume across Pakistan, India, and Bangladesh. It also extends coverage to Egypt and other GCC states. By connecting to local payment switches rather than routing everything through SWIFT intermediaries, Hubpay achieves better speed and lower cost on these high-volume remittance and trade lanes.

Kevin Kilty, the founder and CEO, leads strategy, product, and capital allocation. Prior to Hubpay, Kilty was an equity derivatives trader at JPMorgan and Lehman Brothers, and he founded a financial analytics company before relocating to Dubai. Board-level strategic guidance includes participation from Signal Peak Ventures following its Series A lead.

Hubpay is an operating technology company, not an investment firm or fund. It does not make LP commitments to external funds. All capital raised has been directed toward licensing, product engineering, treasury partner relationships, and expanding its payment-rail integrations across its target corridor markets.