About UPayments
UPayments is a Financial Services company based in Kuwait City (Kuwait) founded in 2008 by Nasser Al Humaidi, and was acquired by National Bank of Kuwait in December 2024. API-linked payment gateway is provided for online transactions and invoicing. Its chief executive, as recorded, is Nasser Al Humaidi. Its website upayments.com draws about 370 thousand monthly visits. Its focus areas include FinTech, Payments, Business Payments and Online Payments.
Company details
Founded in 2008 in Kuwait City, Kuwait, UPayments operates in the fintech sector as a payment processing provider. Services include an API-integrated gateway for online payments, UPay for mobile invoicing through SMS, email, and apps like WhatsApp and Viber, recurring invoice creation for installments, URent for rental collections and property management, UEscrow for secure escrow handling, and UInterface for e-commerce integrations. Knet and credit card payments are accepted online.
- Headquarters Kuwait City, Kuwait
- Founders Nasser Al Humaidi
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website upayments.com
- Social LinkedIn X Facebook
- Acquired by National Bank of Kuwait (Dec 2024)
- Investors
- Acquired byNational Bank of Kuwait
(Dec 2024)
Funding Insights of UPayments
- Total Rounds 1
All 1 funding rounds of UPayments with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in UPayments
UPayments has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Bank of Kuwait.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial bank | 1952 | nbk.com | Kuwait City, Kuwait |
Investor details for UPayments
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of UPayments
1 people are tracked at UPayments (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nasser Al Humaidi | Co-Founder & CEO | Leadership |
Complete people profiles for UPayments
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of UPayments
3 dated milestones of UPayments across 16 years, from founding to its latest funding, stage changes and deals.
- Founded UPayments is founded.
- Funding First funding round.
- Exit Acquired by National Bank of Kuwait.
Web traffic of UPayments
The website of UPayments (upayments.com) receives about 369.6K visits a month.
- Monthly visits369.6K
▲ 22.6% vs previous month
Websites whose visitors overlap most with UPayments. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| myfatoorah.com | 100% | 1.8M | #32,974 | View details | |
| kpay.com.kw | 89% | 680.7K | #27,733 | View details | |
| google.com | 86% | 85.8B | #1 | View details | |
| instagram.com | 85% | 7.1B | #4 | View details | |
| x.com | 71% | 4.5B | #5 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for UPayments
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Upayments
Complete news archive for UPayments
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- Full article archive
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- Brand-specific news history
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Frequently Asked Questions about UPayments
UPayments was founded in 2008 and raised its 1st funding round 11 years after it was founded.
UPayments is headquartered in Kuwait City, Kuwait.
Nasser Al Humaidi is the CEO of UPayments, as recorded in our data. They have also founded this company.
Founded in 2008 in Kuwait City, Kuwait, UPayments operates in the fintech sector as a payment processing provider. Services include an API-integrated gateway for online payments, UPay for mobile invoicing through SMS, email, and apps like WhatsApp and Viber, recurring invoice creation for installments, URent for rental collections and property management, UEscrow for secure escrow handling, and UInterface for e-commerce integrations. Knet and credit card payments are accepted online.
UPayments has 1 investor. Key investors include National Bank of Kuwait.
Yes. UPayments was acquired by National Bank of Kuwait in December 2024.
The website of UPayments receives about 370 thousand visits a month.