XSquare
About
Corporate payments orchestration platform that consolidates payment, collection and settlement operations across multiple channels and providers into a single system.
Founders
Recent News
Startup Investments Reach $68.95 Million as Qatar Leads Fintech
Regional startup funding in August totalled $68.95M across 12 deals, led by a $45M Series B in Qatar for fintech startup Yuno and with notable activity in AI, healthtech and edtech across the Gulf and neighbouring markets.
Startup Investments Decline to $9.25 Million as AI Leads the Scene
Startup funding across the Middle East and Africa fell sharply in the third week of August, with AI-focused deals (notably HeyBreez and XSquare) and Saudi EdTech AILA capturing most of the reported $7.25M across four deals. Activity concentrated in AI, EdTech and fintech, with several rounds earmarked for regional expansion.
XSquare Bets on Saudi Arabia as New Funding Opens a New Front in Gulf B2B Payments
UAE-based fintech XSquare closed an undisclosed pre-seed round led by Raed Ventures and will use the capital to expand regionally, targeting Saudi Arabia next. The startup, founded in 2023, builds a corporate payments orchestration platform integrating multiple payment providers and banks.