Structure
Network
Governance is held regionally. The Programme is operated in-country. The line between them is the point of the structure.
ArabPay Limited is a direct subsidiary of Digital Local Currency Limited and the regional program manager for the Arab region. It is non-operating: it holds regional governance, licenses know-how downward, and has no external clients.
National subsidiaries
Six incorporated national companies, each led by founders who sit inside their own market.
SaudiPay Limited
Saudi Arabia
saudipay.co.uk
EmiratesPay Limited
United Arab Emirates
emiratespay.co.uk
BahrainPay Limited
Bahrain
bahrainpay.co.uk
JordanPay Limited
Jordan
jordanpay.co.uk
LebanonPay Limited
Lebanon
lebanonpay.co.uk
IraqPay Limited
Iraq
iraqpay.co.uk
Business units
Three markets are currently served as business units within ArabPay Limited rather than as separate incorporated companies.
EgyptPay
Egypt
PalestinePay
Palestine
YemenPay
Yemen
Each level
- Digital Local Currency Limited
- The parent, registered in England and Wales. Owns the Programme’s know-how, intellectual property and technology, and sets group governance.
- ArabPay Limited
- Regional program manager for the Arab region. Governs the region and licenses downward. Non-operating.
- National subsidiaries and business units
- One per market. Non-operating.
- Local program providers
- A joint venture in each country with a qualified local partner. The only entity that operates, contracts with member banks, or interacts with any external party.
How income moves
All external revenue originates at the local program provider, from its agreements with member banks, and moves upward as royalty and know-how licensing fees. Capital moves in the opposite direction as shareholder funding. These are the only money flows involving group companies, and they are entirely intercompany.
What no group company does
No company in the structure holds, receives, transfers, settles or controls customer or third-party funds. None operates client, safeguarding, pooled, escrow or nominee accounts. None issues wallets, electronic money, cards, tokens or any other monetary instrument. None operates payment rails or correspondent networks, and none is licensed, registered or authorised by any financial regulator, central bank or payment services authority.