HyperPay

HyperPay sources merchants through direct sales teams and strategic partnerships with regional banks and telecom operators. The firm's agreement with Orange Jordan and its investment from Mada Investment Company illustrate a channel model that blends financial-institution referrals with corporate partnerships. Its website lists dedicated business development contacts for each country of operation, suggesting regionally embedded sales coverage.

HyperPay operates as a full payment gateway with direct acquiring connections to banks across Saudi Arabia, the UAE, Jordan, Lebanon, Egypt, and Bahrain. Unlike a lightweight payment facilitator that sits on top of a third-party acquirer, HyperPay maintains its own integrations with local card networks including Mada, Visa, and MasterCard, and supports alternative payment methods such as Apple Pay and PayPal.

HyperPay is PCI DSS Level 1 v3 certified, ISO 27001 certified, and ISO 27701 certified. In May 2024, the firm obtained a license from the Saudi Central Bank to expand its digital services in Saudi Arabia, which represents a jurisdictional deepening from its prior operations primarily as a cross-border PSP regulated through partner banks (per the firm, 2024).

HyperPay is headquartered in Riyadh and operates offices in Dubai, Amman, Cairo, and Manama. The firm lists active availability in Saudi Arabia, the UAE, Jordan, Lebanon, Egypt, Bahrain, Oman, Qatar, and Iraq. It supports payments in local currencies through local acquirers in at least five of these markets (per the firm, 2024).

HyperPay is not an investment vehicle. It is a payment services provider that has itself received investment — for example, from Mada Investment Company — but it does not disclose making fund commitments or deploying third-party capital into portfolio companies. The Altss profile reflects an operating company with revenue from payment processing, not an allocator.

HyperPay's security stack includes PCI DSS Level 1 v3 compliance, ISO 27001 information security management, and ISO 27701 privacy information management. The firm describes anti-fraud management, tokenization, strict access controls with multi-factor verification, regular penetration testing, and a documented incident response and disaster recovery plan as part of its operational infrastructure (per the firm, 2024).

HyperPay does not publicly name a CIO or investment committee. No principals, founders, or leadership team members are disclosed on the firm's website, LinkedIn page, or in the provided Altss research record. The absence of named operators means allocators cannot assess decision-making authority or institutional continuity at this entity.