Revolutionizing Global Payments with Hubpay Connect API

Hubpay is distinguished by its diverse team and its status as the first independently regulated fintech licensed to offer digital payments in the UAE. In an interview with Integrator Media, Kevin Kilty, CEO and Founder of Hubpay, discusses how the company leverages extensive banking experience and advanced technology to provide world-class FX payment services to UAE companies with international supply chains and operations.

Introduce Hubpay for our readers, highlighting what sets Hubpay apart from other fintech companies in the region?

Hubpay is bringing financial services to the next level in some of the world’s most challenging markets. It is homegrown in the UAE with a team that reflects the diversity of the people living and working in the UAE. We are the country’s first independently regulated FinTech licensed to offer digital payments. We leverage deep banking experience and technology to offer world-class FX payment services to UAE companies that have international supply chains, clients, or operations.

What inspired the creation of Hubpay Connect API, and how does this innovative platform revolutionize global payments?

Our Connect API helps international technology companies expand into the UAE by providing first and last-mile Dirham payments, currency conversion, and localised payment operations automation. Our Connect API clients are top-tier global companies with digital platforms, primarily in the FinTech space. We help product managers of eCommerce, payment networks investment management, and spend management platforms enhance their services for their customers.

How does Hubpay leverage the UAE’s position as a global trade hub and economic powerhouse to offer unique advantages to businesses?

Hubpay simplifies global payments for companies. Our digital Global Account offers a multi-currency wallet with 38 currencies under a single virtual IBAN, eliminating expensive fees and minimum balance requirements. Maximize earnings by holding trades and streamlining finance team’s operations with our fully digital, paperless, and transparent platform. Unlock your company’s revenue and growth potential with Hubpay.

Discuss how Hubpay Connect utilizes Open API standards to seamlessly integrate with various business platforms, and what benefits does this offer to fintech companies worldwide?

The Open API standards make it easier for developers to adapt and integrate our solution to their platforms, so their end users can have a seamless experience managing and making payments regardless of what portfolio of tools they use.

How do you perceive the startup ecosystem in the UAE, and how is Hubpay addressing data privacy concerns and cyber threats that affect the financial industry and transactions in this region?

The startup ecosystem in the UAE is growing quickly and receiving a great deal of strategic attention from the government. It is an exciting region to be building a business. Because we are a regulated entity, we are held to global data privacy standards. We have a dedicated team responsible for data protection and mitigating cyber security risks for our business and our customers.

Your insights on partnering with major regional banks to provide greater financial flexibility to corporate and retail consumers?

Our banking partners are tier-1 global banks with deep experience working with FinTechs. We find them exceptionally supportive of investing in FinTech partnerships to build digital ecosystems and disruptive solutions for the benefit of consumers.

Can you explain how Hubpay Connect leverages global SWIFT capabilities to facilitate seamless cross-border payments?

SWIFT is an essential part of supply chain payments because it is widely used across banks and payment facilities, which supports the level of security businesses need in an exchange of cross-border goods. Today Hubpay brand has touched hundreds of thousands of retail consumers. We look forward to building on that success by developing deeper roots in the corporate segment – partnering with Finance and Product teams to help them excel in their roles and create value in their businesses. We are excited to expand on our core FX offering this year by continuing to build even more services and currency pairs tailored to UAE businesses.