PayBy Email Format
Financial ServicesAbu Dhabi, United Arab Emirates51-200 Employees
PayBy is a fintech company based in Abu Dhabi, United Arab Emirates, operating in the financial services industry with 51-200 employees. The company offers a safe and contactless payment solution and aims to build an all-in-one payments ecosystem in the UAE and GCC. PayBy was acquired by Astra Tech in August 2022 and later licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations. In 2024, PayBy launched a Point of Sale payment solution for UAE merchants and introduced Palm Pay. In November 2024, PayBy Group signed a new client under the General Commercial Gaming Regulatory Authority, enabling it to provide financial services to GCGRA-licensed commercial gaming operators. The company partnered with Asfartrip in 2022 to enable PayBy checkout for travel bookings, and reported revenue is in the range of $10–25 million.