Stablecoin Wallet Infrastructure
for the Unbanked.

Safe. Sound. Delivered. One SIM at a time.

A stablecoin wallet on any phone, even a $12 one, delivered through the banks and telcos people already trust. Built for 231 million adults across eight markets who have neither a bank account nor a smartphone as their main device.

496M
Adults across the eight receive markets
231M
Adults with no bank account and no smartphone as their main device
9.0M
Registered SIMs targeted by Year 5, base case

Global Findex Database 2025; Syria and Somalia are Saleem estimates.

8 Markets · Phase 1 to 3 corridors
$0 Saleem fee to sender or recipient (FX conversion applies)
White Paper Request Meeting
ADGM Registered 28 Banks Mapped Five Stablecoins on Six Chains Ten-Provider Infrastructure Stack Chainlink CCIP Cross-Chain

I am a…

NGO / HumanitarianAuditable aid, donor to recipient TelcoOwn the wallet on the SIMs you already ship BankReach the customers your app can't CorporateCross-border staff and supplier payments without wires SarrafFormalise the corridor, earn per flow Blockchain / IssuerLast-mile distribution for your rail

Settlement & cross-chain rails

ADI Chain Polygon TRON Stellar Solana Ethereum Chainlink CCIP

Marks shown are the property of their respective owners and indicate technical support, not endorsement.

The Problem

231 million adults have no bank account and no smartphone.

Adults with no smartphone as their main device, across the eight receive markets Saleem enters. Global Findex Database 2025, surveys conducted 2024; Syria and Somalia carry Saleem estimates.

No Smartphone

105M Pakistanis, 11M Syrians, 76M Bangladeshis without a smartphone as their main device (Findex 2025; Syria a Saleem estimate).

No Bank Account

113M Pakistani adults have no account, roughly 73% (Findex 2025); Syria's formal banking non-functional for most.

Extortionate Fees

Sending money costs 6.36% on the global average. Hawala commissions run about 5%, with all-in corridor costs above 20% on Saudi Arabia to Syria, and more at the reported extremes. World Bank Remittance Prices Worldwide, Q3 2025.

No Digital Rail

Syria's sarraf (money exchange) network: 5,000 to 10,000 agents, no digital rail. Saleem estimate.

The real cost of a transfer

$12 to $55 of a typical transfer lost to informal channel costs at documented rates

Migrant workers send home about $250 (roughly AED 900) at a time. At documented rates, commissions of about 5% rising to all-in corridor costs above 20% (World Bank Remittance Prices Worldwide, Saudi Arabia to Syria), that is $12 to $55 of a single transfer absorbed in fees, and more at the reported extremes. The Saleem fee on the same transfer is $0; FX conversion applies where currencies convert.

Average transfer size: IFAD and UN DESA, $200 to $300 sent every one to two months.

$7.7B

paid in transfer charges every year across four of our focus markets. Saleem is designed to put that money back in the pockets of the people who need it most.

Derived: World Bank global average remittance cost, 6.36% of the amount sent (Remittance Prices Worldwide, Q3 2025), applied to roughly $122B of combined annual inflows to Pakistan, Egypt, Bangladesh, and Lebanon (sources below). Syria excluded: no reliable figure. Saleem fee is $0; FX conversion applies where currencies convert.

Annual remittance inflows, five focus markets

GCC + diaspora

Annual remittance inflows from all sources combined, not single corridors. The GCC hub marks the sender corridor; sender corridors sit outside the eight receive markets. Marker size reflects relative inflow. Map data: Natural Earth (simplified). Sources: State Bank of Pakistan, Central Bank of Egypt, Bangladesh Bank, World Bank. Syria shown as an unsized estimate (dashed marker): flows are largely informal and no reliable current official figure exists.

The Solution

One wallet. Every device. One stablecoin rail.

Stablecoins without smartphones. Inclusion without internet.

And the merchant is just another phone.

Any KaiOS or Android phone becomes the POS, no dedicated hardware. An optional dedicated terminal covers high-volume merchants.

On KaiOS, one phone runs both the wallet and the merchant POS.

One wallet, presented as a ladder: three consumer tiers, two operator surfaces, and one interoperability layer. Every surface settles in stablecoins.

THE CONSUMER LADDER Tier 0 · USSD / STK / SMS Any handset with a SIM · no app, no data Receive, cash out, check balance Tier 1 · KaiOS Smart feature phone from ~$25 Adds bill pay and merchant QR Tier 2 · Android / iOS Full wallet, savings, self-service The number, the balance, and the compliance record carry across every step unchanged. OPERATOR SURFACES Merchant Acquiring POS phone app + payment terminal Desktop Operator Console Compliance, treasury, bulk disbursement External Wallet Connectivity Interoperability with self-managed wallets ONE WALLET CORE · MSISDN as the account · one balance, one history, one audit trail SIX SETTLEMENT NETWORKS · Chainlink CCIP cross-chain bridging

One wallet that grows with the customer, from a $12 handset to a smartphone.

Consumer ladder

RTOS Feature Phone

$12

USSD / STK

Stablecoin settlement

Consumer ladder

KaiOS Smart Feature

$25

Vue.js App

Stablecoin settlement

Consumer ladder

Android / iOS

$80+

React Native App

18 screens · Stablecoin settlement

Operator surface

Merchant POS

Any phone

Phone-as-terminal · KaiOS / Android

No dedicated hardware required; optional terminal for high volume

Operator surface

Desktop Console

~10 MB

Tauri v2 Operator Console

21 desktop pages

Interoperability

External Wallets

Picker

WalletConnect v2

MetaMask · Phantom · ZenGo · Tether Wallet

One wallet across every device, settled on stablecoin rails with cross-chain bridging. End-user wallets run on DFNS MPC infrastructure. Custodial by design: no seed phrase to lose, recovery by phone and PIN. Regulated institutional custody is available as designed-in optionality.

Saleem extends the banks and telcos people already use to the last mile.

USSD → Blockchain

M-Pesa proved the model on feature phones. Saleem is the stablecoin version for this region.

*555# Call
Saleem Enter PIN OK
Saleem Confirm transfer? OK
Settled in seconds
1

User dials *555#

→
2

USSD Gateway

→
3

Saleem Backend

→
4

Blockchain

→
5

Recipient Wallet

Dial *555#. Enter PIN. Settled in seconds.

Revenue Model

Five revenue streams, and no fee to the user.

Five revenue streams, none paid by the sender or the recipient: SaaS and API licensing, FX spread, bank revenue share, sarraf share, telco USSD revenue share.

$0 user fee the flywheel's engine Free users create density adoption without a price barrier Density brings merchants and agents, who join for the flow Partners pay for access to the segment, not the user Access funds more surfaces USSD to KaiOS to app to POS More surfaces, more users the reach compounds The wheel turns again each pass deepens the moat

No Saleem fee to sender or recipient; FX conversion applies where currencies convert.

  • SaaS & API licensing 49.8%
  • FX spread 37.5%
  • Bank revenue share 4.0%
  • Sarraf share 2.7%
  • Telco USSD share 6.0%

Recurring revenue mix at Month 60, base case. Setup fees sit outside this.

Saleem takes no yield on customer balances. The ring-fenced Humanitarian SIM Allocation Fund receives a fixed share of commercial account setup fees plus 100% of any incidental yield, and funds provisioning and starting credit for humanitarian-priority SIMs. Riba-avoidance by design.

Stream mechanics and per-year projections in the white paper; per-market sensitivity and per-partner unit economics under NDA.

For NGOs & Humanitarian

Every dollar, from donor treasury to beneficiary mobile, visible and auditable.

The hard part of humanitarian disbursement is proving where the money landed. Saleem settles through the same agents families already use, with a tamper-proof on-chain record from donor to recipient.

Pay staff and aid recipients without cash leakage, and with a verifiable record of where every payment lands.

Why NGOs choose Saleem

  • No Saleem fee on disbursed value. FX applies where currencies convert, details post-NDA.
  • On-chain from authorisation to wallet. Live, queryable, exportable.
  • Bank-grade audit standard in conflict and banking-broken areas. Every record defensible.

Built into the Operator Console

Saleem desktop operator console: humanitarian bulk disbursement module
Humanitarian bulk-disbursement module: built into the operator console alongside compliance, treasury, and travel-rule surfaces. Reference programmes, pricing, API documentation and integration timelines available post-NDA.
For Telcos

You already own the SIM. Now own the stablecoin wallet that runs on it.

Telcos already hold the customer relationship banks can't reach. Saleem turns the SIM into a financial product: new ARPU, no app-store dependency.

Receiver-side telco

Where banking is thin, the SIM becomes the account. Receive, hold, cash out at the corner agent, on any phone.

Sender-side telco

Capture the remittance flow beneath the apps you already run, on the SIM the customer trusts.

Two ways to live in your subscriber's pocket

If you already have a payment app

Layer onto your app to reach every subscriber.

If you don't have a payment app yet

White-label Saleem as your own.

Why MNOs sign: New ARPU, near-zero churn, no app-store gate, and you keep the customer and the larger share.

Gateway architecture, integration paths, revenue-share economics, and partner-specific commercials. In the Telco Partnership Playbook, shared post-NDA.

For Banks

28 banks mapped across the region

28 banks mapped and tiered across our eight markets by digital maturity. Every bank can participate, from app-equipped to branch-only.

Tier A

Complement

Has an app. Add stablecoin settlement and a USSD fallback.

Tier B

Enhance

Basic app. Add wallet, bill pay, merchant QR.

Tier C

Power

No app. Become their complete mobile banking layer, reaching everybody.

Recurring per-SIM SaaS architecture. One-time activation fee plus monthly recurring per active wallet, billed to the bank. Per-bank pricing and scenarios in the Banking Partner Analysis (post-NDA).

Remittance Captivity Flywheel

Remittance → Bills → Interchange → Micro-Credit → 3 to 5x Lower Churn

The bank keeps its customer relationship.

Eight markets · 496M adults · 231M underserved

Syria · Pakistan · Egypt · Bangladesh · Lebanon · Ethiopia · Kenya · Somalia: the eight receive markets, holding 496M adults, of whom 293M have no bank account. 231M have neither a bank account nor a smartphone as their main device: the planning figure, and the midpoint of a bounded range, since the Global Findex Database publishes marginals rather than cross-tabulations. Adult and account data from the Global Findex Database 2025, surveys conducted 2024; Syria and Somalia carry Saleem estimates. Sender corridors, such as the GCC, sit outside the eight-market count. Per-market adults, unbanked and no-smartphone figures and corridor-by-corridor economics in the white paper.

For Corporates

Pay staff and suppliers across borders. Without bank wires.

Diaspora employers, BPOs, NGO field offices, and regional supplier networks pay people in countries where banking is broken or expensive. Saleem provides the corporate operator console, stablecoin disbursement rails and recurring payee management.

Stablecoin Disbursement

Staff and supplier payments, claimed as local cash at the nearest agent.

Cross-Border Invoicing

On-chain invoicing. Suppliers in Syria and Pakistan paid in hours.

Recurring Payees

Recurring payees for monthly batches.

Saleem Corporate Operator console: dashboard
The Corporate Operator console: treasury, invoices, payees, commissions in one place.
For Sarrafs

Formalise the corridor. Earn from every flow.

Syria's informal hawala network is the country's real payment infrastructure: 5,000 to 10,000 sarrafs (money exchange agents) moving an estimated $1 to 2B annually. Both figures are Saleem estimates: no published figure exists. Saleem keeps the agent at the centre of the relationship while giving them tooling, commission tracking, and a settlement rail their incumbents cannot match.

Cash-in / Cash-out Agent

Cash in, cash out. Commission on both legs.

Real-time Commissions

Commissions settle on-chain in real time.

Compliance Without Friction

Compliance and sanctions screening built into the rail.

Saleem Sarraf Operator console: commissions dashboard
The Sarraf Operator console: commissions earned, transactions audited, agents formalised.
For Blockchain & Stablecoin Issuers

Six Settlement Networks. Massive Last-Mile Distribution.

Integrate once. Reach the last mile across eight markets.

Settlement Networks

ADI Chain
Polygon PoS
TRON
Stellar
Solana
Ethereum

Six blockchains supported out of the box. Chainlink CCIP provides cross-chain bridging across EVM and Solana SVM for seamless asset movement between rails.

Stablecoin Assets

AssetPegNetworkIssuer / Licence
DDSCAEDADI ChainIssued by AEDC Stable Coin Network and Distribution L.L.C. Approved by the CBUAE to go live February 2026 as a Dirham Payment Token under the PTSR. Initiated by IHC and FAB, with Sirius International Holding. Backed 1:1 by AED reserves.
AEDZAEDEthereumSolanaZand AED, issued by Zand Trust, a wholly owned subsidiary of Zand Bank PJSC. Approved by the CBUAE November 2025 as a Dirham Payment Token under the PTSR. Backed 1:1 by AED reserves in segregated accounts.
USDTUSDTRONEthereumSolanaTether. Recognised by the ADGM FSRA as an Accepted Fiat-Referenced Token, initially on Ethereum, Solana and Avalanche, extended December 2025 to further networks including TRON.
USDCUSDEthereumStellarPolygonSolanaCircle. USDC is recognised by the ADGM FSRA as an Accepted Fiat-Referenced Token. Circle holds an ADGM FSRA Financial Services Permission as a Money Services Provider, granted December 2025. Circle is NYDFS regulated; USDC is MiCA compliant in the EU.
USDUUSDEthereumUniversal Digital Intl Limited, ADGM FSRA regulated (FSP No. 250089) to issue a Fiat-Referenced Token to Professional Clients only. Registered Foreign Payment Token Issuer with the CBUAE under the PTSR, January 2026.

AE Coin, the first fully CBUAE-licensed Dirham Payment Token (December 2024), completes the AED panel, so the AED leg is not dependent on a single issuer. Regulatory status as published by each issuer. Verified August 2026.

Marks shown are the property of their respective owners and indicate technical support, not endorsement.

Platform Architecture

One Wallet Ladder. Seven Compliance Providers. Three Wallet-Infrastructure Partners.

Three consumer tiers, two operator surfaces, one interoperability layer, all on one wallet core.

The full ladder, from RTOS feature phones to the desktop console, is shown in the Solution section.

Product Surfaces: Built and Demo-Ready, Pre-Launch

Saleem KaiOS feature-phone wallet home screen
Consumer ladder · KaiOS Vue.js app, 6-file build, runs on $25 smart feature phones.
Saleem Android / iOS wallet home screen
Consumer ladder · Android / iOS React Native, 18 screens, bank on-ramp.
Saleem desktop operator console home screen
Operator surface · Desktop Console Tauri v2, ~10MB installer, 21 role-gated operator pages.

Seven Compliance Providers · Three Wallet-Infrastructure Partners

KYC & Identity (2)

Two providers: document IDV, biometrics, risk-tiered onboarding.

Blockchain Screening (4)

Four-way consensus: counterparty risk, sanctions, surveillance, analytics.

FATF Travel Rule (1)

IVMS101 originator and beneficiary exchange on every settlement chain.

Four-Tier KYC

Tiered KYC applies, with limits scaled by verification level. Details available post-NDA.

Wallet-Infrastructure Partners

Three institutional-grade wallet-infrastructure partners: covering end-user MPC, partner / NGO institutional settlement, and treasury-level multi-chain reserves.

Named vendor stack and integration architecture detailed in the white paper.

GDPR-Compliant Document Vault

AES-256 encryption, SHA-256 integrity, jurisdiction-aware retention policies.

Build Status: Built and Demo-Ready, Pre-Launch

All four device tiers and the operator console built and demo-ready, pre-launch. TypeScript strict mode, zero errors. Independent penetration test and third-party security audit sit within production scope, ahead of go-live.

Compliance Console: Built and demo-ready

A six-tab compliance dashboard covers risk overview, KYC review and document vault, FATF Travel Rule transfer management, blockchain screening with four-way provider consensus, and a tamper-proof audit trail. Live walkthrough under NDA.

Data Governance: Privacy by Design

Activation, never sale

Saleem never sells, licenses, or transfers consumer data. Any future analytics are opt-in and consent-based.

DPO function

An independent Data Protection Officer will be appointed ahead of launch, with board access. Lawful basis register and DPIA framework will be operational from day one.

Privacy-preserving analytics (opt-in)

Consent-based and cohort-level only. Every query is audit-logged. Data Subject Access Requests are honored within statutory windows.

Data Strategy 2026 published as the canonical reference document. Available on request.

Desktop Operator Console: 6 Modules

Compliance
Bulk Disbursement
Treasury
Cross-Chain Bridge
Telco Config
RBAC
Operator Surfaces

Purpose-built operator consoles. One shared core

Every audience that touches the rail gets a console scoped to its workflow, all on one Tauri v2 foundation.

Role-scoped consoles for merchant, sarraf, corporate, bank, and government, on one Tauri core. Live walkthrough under NDA.

Saleem Merchant console: sales, terminals, and settlement dashboard
Merchant · sales, terminals, settlement
Saleem Sarraf console: real-time commissions dashboard
Sarraf · real-time commissions
Saleem Corporate console: disbursements, invoices, and treasury dashboard
Corporate · disbursements, invoices, treasury
Saleem Government console: bulk disbursement upload flow
Government · bulk disbursement
Inclusion by Design

Who this actually serves

Reach is measurable. Three mechanisms carry it: who gets an account, what the account becomes, and who pays for the ones that cannot pay for themselves.

The first account in her own name

Pakistan's Benazir Income Support Programme is issuing free SIMs to up to 10 million female beneficiaries and routing disbursements through SIM-linked wallets. For many of those women, a wallet reached through that channel is the first account they have ever held in their own name. That is the proof pattern for every market Saleem enters.

The wallet that grows with you

The same account that receives a first humanitarian payment later receives remittances, then pays merchants, then holds savings in a stable currency. One account across every step, on whatever handset the customer holds, with the compliance record compounding rather than resetting.

Access that pays for itself

The humanitarian rail recovers cost rather than generating revenue. The ring-fenced Humanitarian SIM Allocation Fund receives a fixed share of commercial account setup fees plus 100% of any incidental yield, and funds provisioning and starting credit for humanitarian-priority SIMs. Zero-riba by design.

ONE ACCOUNT · ONE NUMBER · ONE COMPLIANCE RECORD, COMPOUNDING 1 First receipt humanitarian payment 2 Remittances from family abroad 3 Merchant payments spend where she shops 4 Savings held in a stable currency

The same account carries every step. Nothing resets when a customer moves up.

The World Food Programme alone distributes more than $400 million a year in Syria through intermediaries that leave no digital audit trail. Delivering that digitally, auditable on-chain, with no Saleem fee to the recipient and FX conversion applying where currencies convert, is the clearest single statement of what this platform is for.

The Name

سليم

S A L E E M

Safe. Sound. Delivered. One SIM at a time.

"Saleem means safe, sound, and whole."

سالم "salim"

Safe, unharmed

سَلامة "salama"

Soundness, integrity

سَلَّمَ "sallama"

Delivered safely

Recognised across Arabic, Urdu, Pashto, Farsi, Turkish, and more, the name needs no translation. Saleem is a trust brand, not a tech brand.

Leadership

Institutional-Grade Founding Team

Stablecoin regulation, telco distribution, and emerging-market operations.

A Chief Technology Officer and a Head of Compliance are secured, joining full time on close of the current round.

Ramy Soliman

Co-Founder & CEO

"Financial infrastructure that respects the dignity of every user, regardless of the device in their hand."

Citi Capital Markets and FX
GMO Trust / NYDFS Former President: ran regulated stablecoin issuer (GYEN, ZUSD) until January 2026
Stater Global Markets Founded Stater Global Markets, a venture-backed, UK FCA-regulated Prime-of-Prime broker-dealer.
Stablecoin Standard Co-Founder. StableCheck, the industry stablecoin framework.
MESA Co-Founder: Middle East Stablecoin Association
5 Lanes / ADGM 5 Lanes Limited, ADGM registered, not FSRA licensed.
Heritage British Egyptian, married to British Syrian

Faris Sibai

Co-Founder & CMO

"Distribution is everything. We build where the telcos already are."

WPP / Omnicom Global media & agency operations
Starzplay MENA streaming platform: scale distribution
Heritage British Syrian: family connections across the Syrian diaspora
Distribution Route-to-market experience across the GCC and Asia
White Paper

Request the Saleem White Paper

Documentation of our architecture, regulatory strategy, and go-to-market approach. Complete the form below and a member of our team will send the materials to you directly.

We use the details you submit only to send the requested materials and follow up on your request. Submissions are processed by our form provider on our behalf and are not used for marketing without your consent.

Get in Touch

For partnership discussions and institutional inquiries.

Email

ramy@saleem.digital
faris@saleem.digital

Entity

5 Lanes Limited, ADGM registered, not FSRA licensed. Abu Dhabi, UAE.

Web

saleempay.io
saleem.digital