From PSP to powerhouse: HyperPay raises the bar for regional fintech with three prestigious awards
Founded by Muhannad Ebwini, HyperPay has steadily grown from a payment service provider (PSP) into one of the region's most trusted digital payment platforms. Its main focus is creating intelligent, secure, and enterprise-ready financial infrastructure that enables both private and public sector clients to succeed in a growing digital-first world.
This mission was recently recognized at the Fintech Summit Middle East 2025, where HyperPay was honored with three prestigious Peacock Awards, further strengthening its reputation as an industry leader. Among them was the coveted 'Next-Gen Fintech Disruptor' award, awarded to CEO and Founder Ebwini for his bold leadership and transformative influence on the region's financial ecosystems. HyperPay also received awards for 'Excellence in Digital Payment Infrastructure Innovation' and 'Innovation in B2B Payment Solutions,' marking a pivotal moment in the company's evolution from a local payment service provider (PSP) to a regional fintech powerhouse.
The recognition of Ebwini as a next-generation fintech disruptor comes at a time when HyperPay is quickly forming partnerships and expanding its capabilities. His leadership has been essential in reaching milestones such as obtaining a license from the Saudi Central Bank (SAMA) to launch innovative digital payment solutions, aligning with Saudi Arabia's ambitious Vision 2030.
The 'Excellence in Digital Payment Infrastructure Innovation' award recognizes HyperPay's dedication to creating scalable, secure, and advanced payment systems that serve a wide range of stakeholders, from government agencies to small and medium-sized businesses. Meanwhile, the 'Innovation in B2B Payment Solutions' award honors the company's enterprise-grade tools that simplify and secure complex transactions, helping enterprises succeed in today's changing business landscape.
Peacock Awards recognition program honors outstanding industry leaders who have introduced innovative products, services, and solutions that positively impact their customers. The various award categories recognize significant contributions and innovations within the payments and digital banking sectors, emphasizing excellence in digital financial services, convenience, security, and market influence.
For HyperPay, these awards not only recognize its achievements so far but also lay the foundation for future goals, such as expanding strategic partnerships, speeding up regional growth, and strengthening its commitment to innovative fintech. With smart, user-centered solutions, the company is setting new standards in the global fintech industry.
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From PSP to powerhouse: HyperPay raises the bar for regional fintech with three prestigious awards
In an era where digital transformation is reshaping how economies operate, HyperPay has become a major player in the Middle East and North Africa's (MENA) fintech scene, driving economic growth, financial inclusion, and innovation. Through its innovative approaches and bold leadership, the company has significantly influenced the future of payments in the region. Founded by Muhannad Ebwini, HyperPay has steadily grown from a payment service provider (PSP) into one of the region's most trusted digital payment platforms. Its main focus is creating intelligent, secure, and enterprise-ready financial infrastructure that enables both private and public sector clients to succeed in a growing digital-first world. This mission was recently recognized at the Fintech Summit Middle East 2025, where HyperPay was honored with three prestigious Peacock Awards, further strengthening its reputation as an industry leader. Among them was the coveted 'Next-Gen Fintech Disruptor' award, awarded to CEO and Founder Ebwini for his bold leadership and transformative influence on the region's financial ecosystems. HyperPay also received awards for 'Excellence in Digital Payment Infrastructure Innovation' and 'Innovation in B2B Payment Solutions,' marking a pivotal moment in the company's evolution from a local payment service provider (PSP) to a regional fintech powerhouse. The recognition of Ebwini as a next-generation fintech disruptor comes at a time when HyperPay is quickly forming partnerships and expanding its capabilities. His leadership has been essential in reaching milestones such as obtaining a license from the Saudi Central Bank (SAMA) to launch innovative digital payment solutions, aligning with Saudi Arabia's ambitious Vision 2030. The 'Excellence in Digital Payment Infrastructure Innovation' award recognizes HyperPay's dedication to creating scalable, secure, and advanced payment systems that serve a wide range of stakeholders, from government agencies to small and medium-sized businesses. Meanwhile, the 'Innovation in B2B Payment Solutions' award honors the company's enterprise-grade tools that simplify and secure complex transactions, helping enterprises succeed in today's changing business landscape. Peacock Awards recognition program honors outstanding industry leaders who have introduced innovative products, services, and solutions that positively impact their customers. The various award categories recognize significant contributions and innovations within the payments and digital banking sectors, emphasizing excellence in digital financial services, convenience, security, and market influence. For HyperPay, these awards not only recognize its achievements so far but also lay the foundation for future goals, such as expanding strategic partnerships, speeding up regional growth, and strengthening its commitment to innovative fintech. With smart, user-centered solutions, the company is setting new standards in the global fintech industry.
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HyperPay, the leading payment gateway provider in MENA, launched 'HyperTap' – a new service designed to enhance user experience and transaction security for small business owners, mobile-first users, and tech-savvy professionals – during the company's participation in Seamless Middle East 2025 in Dubai. This launch supports HyperPay's expansion strategy in the Middle East, including plans to enter new markets such as Bahrain, Egypt, and Qatar. HyperPay's participation in Seamless Middle East 2025 in Dubai allowed the company to showcase its cutting-edge digital payment technologies and connect with key players in the fintech sector. The company has further expanded its product range by launching HyperTap, an advanced payment system that transforms customers' smartphones into contactless point-of-sale terminals. HyperPay employs 3D Secure protocols to reduce the risk of fraud and verify the identity of cardholders in real-time, making the checkout process safer for both customers and merchants. The system also supports both browser-based and app-based 3D Secure authentication, ensuring optimal performance across mobile and web platforms. With its advanced NFC technology, HyperTap guarantees quick, secure transactions while protecting customers' data. Muhannad Ebwini, Founder and CEO of HyperPay, stated, 'By taking part in Seamless Middle East 2025, we were able to showcase our advanced fintech offerings and gain insight into the latest developments propelling the sector forward. With the launch of HyperTap, we have taken the step to secure and simplify contactless payment solutions for small businesses and mobile-centric services further. HyperTap's integration capabilities include COPYandPAY, which requires minimal effort from merchants, and Server-to-Server connections that adhere to EMVCo guidelines to ensure 3D Secure compatibility. As a result, the self-service app can be easily configured and allows users to accept payments instantly without upfront hardware costs, making it ideal for small and medium-sized businesses.' The latest edition of Seamless Middle East gathered over 25,000 attendees, over 750 exhibitors, and over 500 speakers. The event, held from May 20 to 22, 2025, at the Dubai World Trade Centre, provided attendees with the chance to connect with buyers, leading payment providers, fintech and banking firms, and eCommerce and retail representatives. As an influential forum, Seamless Middle East will continue offering insights into key trends and topics advancing the digital commerce industry.
