Post by : Layla Badr
Verto has officially launched its operations in the United Arab Emirates, marking a significant move for businesses that rely on fast and secure cross-border payments. With more than $25 billion processed annually for global clients including Unilever and Maersk, the company’s entry into the UAE is set to transform how high-value, time-sensitive payments move between the region and key emerging markets.
The UAE’s position as a global trade hub makes efficient payment systems critical. Many businesses operating here trade heavily with Africa and Asia, often facing delays and losses due to slow settlement and currency volatility. Verto aims to bridge that gap with a platform built to handle these challenges at scale.
Located in the Emirates Financial Tower in DIFC, Dubai, Verto operates under the authorisation of the Dubai Financial Services Authority (DFSA), ensuring compliance and trust for businesses handling substantial transactions.
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One of Verto’s key strengths lies in its fast settlement process. Payments that would typically take days to clear can now move in hours or even instantly, minimising delays that often disrupt supply chains.
The platform also focuses on foreign exchange (FX) risk management, offering competitive and transparent rates. Businesses can lock in favourable exchange rates or use the Auto Exchange feature to execute trades automatically at the best available rate. A multi-currency account allows companies to hold and manage funds in different wallets, reducing exposure to currency swings.
Equally crucial is payment transparency. Verto’s system lets businesses track their transfers end-to-end, eliminating uncertainty about where money is in the transaction chain. It also removes the hidden fees and unpredictable spreads that many companies face with traditional banking systems.
By combining local operations in the UAE with established payment rails across regions like Nigeria, Kenya, South Africa, West Africa, and China, Verto offers businesses a seamless and reliable workflow. This is particularly valuable for those trading along these corridors, where delays can mean missed opportunities and strained supplier relationships.
Verto’s arrival in the UAE signals a new phase in how businesses here manage their cross-border payments. For companies operating across complex global supply chains, the platform promises not just speed and security but also the financial agility needed to compete in fast-moving markets.
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