XSquare

Dubai, UAE

pre-seedFintechPaymentsBanking Infrastructure

◆ Stage

pre-seed

◆ Location

Dubai, UAE

◆ Founded

2023

◆ Team size

1-10

◆ Links

Website ↗LinkedIn ↗

◆ About XSquare

XSquare is a Dubai, UAE-based B2B payment orchestration startup providing a platform that combines multiple commercial rails behind a single integration interface.

◆ What sets it apart

A B2B-only payment orchestration layer that combines multiple rails and ERP integrations behind one ledger for collection, payouts, and reconciliation.

◆ Sectors

FintechPaymentsBanking InfrastructureEnterprise Softwarefinancial operations

◆ Business

ModelSaaS

CustomerEnterprise and government finance teams in the UAE, Qatar, and broader GCC

◆ Notable

Closed a pre-seed round in 2026
Launched with payment rails from Telr, Geidea, VaultsPay, Spare, and TESS Payments
Partnered with Mastercard to bring commercial card-funded supplier payments to market
Integrated with ERPs including Zoho, Xero, Wafeq, and Odoo
Expanded operations in the UAE and Qatar

◆ Backing funds on Raise

RAED Venturespre-seed

◆ Funding rounds

pre-seed

20 Aug 2026

Led by Raed Ventures

With AngelSpark, 500 Global, Oraseya Capital

Source ↗

◆ Explore the market

Fintech Payments Banking Infrastructure Enterprise Software Pre-Seed UAE Qatar Saudi Arabia

◆ FAQ

What does XSquare do?

XSquare is a Dubai, UAE-based B2B payment orchestration startup providing a platform that combines multiple commercial rails behind a single integration interface.

Where is XSquare based?

XSquare is based in Dubai, UAE, founded in 2023.

Who has invested in XSquare?

Investors in XSquare include Wavemaker Partners, SEEDS Capital, Goldbell Group, PIXEL (Singapore), Phillip Capital and AngelSpark.