XSquare

XSquare Payment Services LLC is a Dubai-based company specializing in innovative financial solutions that simplify cross-border and domestic payment processes for businesses worldwide. Founded in 2023 in Dubai, United Arab Emirates, XSquare Payment Services LLC focuses on providing sophisticated payment solutions. The company has completed 1 deal as of February 12, 2026. The founder's history or previous ventures is not publicly available.

XSquare offers a comprehensive suite of financial solutions designed to address the complexities of cross-border transactions, domestic payments, and financial automation. Their primary product is a next-generation B2B payments platform that streamlines financial processes by enabling instant payments across more than 140 currencies and in over 200 countries and territories. This platform alleviates the challenges of managing multiple payment systems, reducing manual work while facilitating business growth. Additionally, XSquare provides corporate cards, transaction pricing, and rewards programs, all of which integrate seamlessly to enhance user experience and operational efficiency, underpinned by live partnerships that support businesses of all sizes.

XSquare generates revenue primarily through transaction fees associated with its B2B payments platform, corporate card services, and additional financial offerings. The transaction structure facilitates smooth interactions between the company and its clients, who seek efficient payment solutions. Clients utilize the platform to process payments to suppliers or service providers, with revenue derived from subscription-based partnerships or transactional fees. Pricing plans are tiered based on transaction volumes or service usage, ensuring alignment with client needs.

The core B2B payments platform is central to the company's revenue model, maintaining a diverse client base across various industries. In February 2026, XSquare Payment Services LLC raised an undisclosed amount of venture funding from new investor AngelSpark. The company plans to utilize this funding to build and expand its business-to-business payments platform, add payment and automation features, and extend coverage across more countries and currencies. Specific new product releases and market expansion plans will be pursued to enhance service offerings and reach broader markets.