Fintech Startup Launches Compliant Digital Wallet with 80K Users in Year One
About the Client
Digital Payments Startup
UAE
Series A, 30 employees
The Challenge
Obtaining regulatory approval for a payment service provider licence required specific technical compliance documentation.
Building a secure, scalable wallet infrastructure from scratch with a small team.
Competing with established players required a superior UX with unique features.
Our Approach
Worked with regulatory consultants to design architecture that met UAE CBUAE requirements from day one.
Built modular payment infrastructure using established payment rails (Visa, Mastercard, SWIFT).
Designed a consumer-grade UX with unique social payment features for competitive differentiation.
The Solution
Built a full-stack digital wallet with P2P transfers, bill payments, and virtual card issuance.
Implemented PCI-DSS Level 1 compliant card data handling infrastructure.
Developed real-time fraud detection using ML models trained on synthetic transaction data.
Results & Impact
"HashDev navigated the complexity of fintech compliance and delivered a consumer-quality product. We would not have reached market without them."
Sara Al-Farsi
CEO, Digital Payments Startup
