Visa crowned Qpal winners of the ‘Visa Everywhere Initiative’ in MENA back in 2017. VEI is a global programme designed to identify the hottest Fintech startups operating and solving challenges across the payments landscape.

In October 2017, after Visa made an initial investment into Qpal, the partnership focused on driving cashless initiative together across the Middle East and Africa with Visa’s issuing and acquiring banking partners.

Shiv Singh, SVP – Innovation & Strategic Partnerships, Visa, said, “The future of digital payments will be shaped through collaboration, and we look forward to working with our startup partner Qpal to transform the payments landscape over the coming years to the benefit of consumers, merchants and issuers alike.”