Founder Of Hubpay, Kevin Kilty

Kevin Kilty is the founder of Hubpay, a fully regulated supplier of cross-border money transfer services. Despite their lack of national infrastructure, the overall goal is to assist individuals in developing markets in becoming financially integrated.

Kevin has a banking experience, but he has also worked as a pro-bono consultant in the microfinance field, so he knows the importance of remittances to communities in emerging nations. He was struck by the lack of a digital, convenient, and low-cost market option when he first arrived in the UAE four years ago. So he began working on Hubpay in 2018, and two years later, at the end of the summer, he placed his wallet on the market.

Because remittances are a critical source of inbound investment for many developing nations, outstripping foreign direct investment, establishing a solution that is specifically targeted to them is critical. Those who send and those who receive remittances make up the remittance community. Hubpay was created in response to the market’s requirement for a platform that could serve both sides of this equation.

It is the first digital money startup to be licenced in the United Arab Emirates. They leverage data science to develop accessible, practical, and inexpensive everyday financial solutions that are responsibly given to everyone, regardless of income level. A complicated engine of predictive analytics, banking systems, and currencies is at work behind the scenes. They’re a data-driven firm run by a group with decades of experience at top financial institutions.