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Saturday, 12 September 2026
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SEA Deal Ticker

Selling into Africa still means routing through Dubai: XTransfer clears an in-principle UAE payments licence

The Singapore-licensed trade-payments firm, which moved over $60 billion for more than a million SME customers in 2025, adds the UAE to eight existing regulated markets.

Positive-sum angle: Anyone in SEA selling to Gulf or African buyers has been priced by correspondent banks; a regulated rail through the UAE is a cheaper route to the same customers.

Source — TNGlobal