Verto launches in the UAE to power faster, more secure cross-border payments between the Gulf and Africa, helping businesses manage FX risk and boost cash flow.
UAE now has a payment partner that unlocks Africa’s growing economic opportunity
16 October 2025 – Verto today announced its official launch in the UAE. With over $25 billion processed annually for clients such as Unilever, and Maersk, the company’s platform is designed to address the unique challenges of cross-border payments between the UAE and emerging market currency corridors (particularly in Africa), offering businesses a faster, more secure, and cost-effective way to handle high-value, time-sensitive transactions.
“The UAE is a pivotal hub for global commerce, and businesses here demand solutions as dynamic as their operations,” says Helen Ghebreluul, Verto’s UAE Country Manager. “Our platform is built to handle the high-value, time-sensitive nature of these transactions, particularly in emerging markets in Africa. We’re not just a service; we’re a critical partner, ensuring that a company’s payments move as fast and reliably as their business.”
Verto’s platform combines local operations in the UAE with robust payment rails across key markets, offering a best-in-class workflow. This unique model is particularly beneficial for businesses trading along key corridors, including the UAE to Nigeria, Kenya, South Africa, West Africa, and China.
Businesses using Verto’s solutions can expect to experience:
- Fast settlement: The platform enables instant or near-instant payments, which is vital for a sector where delayed payments can stall the entire supply chain. Verto’s efficient payment rails allow for settlements in hours rather than days.
- FX risk management: Verto offers competitive and transparent foreign exchange (FX) rates, providing businesses with hedging options and flexibility. For instance, companies can lock in favourable rates to protect against currency volatility. The platform also features a multi-currency account to hold money in different wallets and an Auto Exchange feature to execute trades at an ideal rate automatically.
- Transparency and traceability: The platform allows users to track payments from end to end, reducing issues where payments are lost in transit. It also eliminates hidden fees and spreads often associated with traditional banking.
“Businesses are the lifeblood of global supply chains, but they face constant challenges from currency volatility and slow, traditional payment systems,” says Ola Oyetayo, CEO and co-founder of Verto. “Verto empowers these businesses by giving them the tools to mitigate FX risk, accelerate settlements, and optimise their cash flow. We believe in providing global reach with local strength, leveraging our expertise in key emerging markets to ensure that wherever a company’s goods go, their payments follow instantly and securely.”
Verto’s Dubai branch, which has an expanding team, is located in the Emirates Financial Tower, DIFC, Dubai, UAE. The Dubai Financial Services Authority authorises Verto to provide money services, advise on or arrange money services, and carry on authorised Financial Services with or for Retail Clients Holding or Controlling Client Assets.
About Verto
Verto is a B2B payments company that empowers businesses to move money seamlessly across borders, faster, smarter, and more cost-efficiently than traditional banks. With a specialisation in high-value, time-sensitive trade transactions, Verto provides global reach with local strength, offering trusted expertise in emerging markets corridors across Africa and the Middle East.
Learn more at www.vertofx.com
