MenaPay positions itself as the first fully Sharia-compliant, blockchain-based payment gateway for the Middle East and North Africa. The company's mission is to serve the region's large unbanked population by providing a secure and transparent payment method for online and offline transactions. It utilizes its own stablecoin, MenaCash, which is pegged 1:1 to the US Dollar and built on the Ethereum blockchain, to offer a digital alternative to cash for everyday transactions, bridging the gap between traditional and digital finance.

Founded in

United Arab Emirates