Company Performance Metrics
- Murtaza Abedin: CEO & Founder
- Shahid Rasool: Chief Technology Officer
PayNest is a global technology company that builds enterprise-grade digital ecosystems for governments, financial institutions, and large enterprises across MENA and Southeast Asia.
Founded in Dubai in 2021 and incorporated under the DIFC Fintech Hive Programme, PayNest operates at the intersection of a consulting firm, a product studio, and a
technology operator. The company identifies large-scale digitisation opportunities, builds the solution, retains the IP, and redeploys it across markets through licensing and direct operations.
To date, PayNest-powered systems have processed over 1.2 million transactions, onboarded over 40,000 users on a single platform within its first month of launch, and serve over 30 government institutions across the UAE, Malaysia, Singapore, Thailand, and Pakistan, with active expansion across the region.
