Bayfikr - A crossborder ecosystem

Bayfikr is a financial technology company that has developed a cross-border payments ecosystem designed to simplify international transactions for individuals. The company's primary focus is on helping people in the United Arab Emirates (UAE) make large, recurring, or one-off payments to beneficiaries in countries like the UK, Canada, and Australia. Bayfikr's mission is to offer a faster, more secure, and cost-effective alternative to traditional banks by providing transparent foreign exchange rates and a streamlined digital platform for paying expenses such as university tuition, property payments, and business invoices. The company is registered with the UK's Financial Conduct Authority (FCA) as a Small Payment Institution.