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PhotonPay secures new license by DFSA to expand global payment network in UAE

Business

PhotonPay secures new license by DFSA to expand global payment network in UAE
Business

Business

PhotonPay secures new license by DFSA to expand global payment network in UAE

2026-02-09 22:00 Last Updated At:22:25

HONG KONG , Feb. 9, 2026 /PRNewswire/ -- PhotonPay, the next-generation global financial infrastructure, has been granted a Category 3D License by the Dubai Financial Services Authority (DFSA). This pivotal milestone represents the company's first license in the UAE, signaling a major expansion of its footprint across the MEASA region and solidifying its global compliance-first strategy.

The UAE represents a vital trade corridor for global commerce as one of the world's leading financial hubs with a diverse ecosystem of international enterprises. PhotonPay has engaged deeply with the market through attending the Dubai Fintech Summit, ongoing dialogues with leading financial institutions and ecosystem partners, and advancing a methodical path toward market entry.

Lewison Chen, Founder & CEO of PhotonPay, said: "The UAE is one of the fastest-growing payment hubs and an essential corridor in global commerce. This license is a pivotal step towards our mission of scaling comprehensive global coverage and reflects our long-standing commitment to compliance. We are excited to enhance our proposition in the UAE, empowering businesses to operate globally with greater confidence and control."

This milestone highlights PhotonPay's ongoing commitment to aligning with rigorous global standards in compliance, security and AML, supported by AI-driven risk management. It also strengthens the company's ability to help enterprises pursue opportunities across the Middle East, with improved regional execution and partner connectivity.

"This is a practical step forward for our clients," said Aamir, Chairman of PhotonPay Dubai. "Securing the UAE Category 3D Licence enables us to better serve corporate and professional clients with improved access to local payment rails, UAE-aligned onboarding, local payout and settlement options, and corporate payment tools designed for cross-border operations—turning expansion plans into action."

With 11 offices worldwide, PhotonPay continues to strengthen its on-the-ground presence in key markets, supported by advanced technologies that enhance compliance, risk management and operational efficiency across its global payment infrastructure.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

PhotonPay secures new license by DFSA to expand global payment network in UAE

PhotonPay secures new license by DFSA to expand global payment network in UAE

Full-lifecycle global hiring platform now recruits, employs, and incorporates across 150+ countries.

NEW YORK, Feb. 9, 2026 /PRNewswire/ -- Horizons, the global Employer of Record, today announced it is rebranding as Remote People.

The rebrand reflects the company's evolution from an Employer of Record provider into a full-lifecycle hiring and expansion platform. Remote People recruits talent, employs them compliantly, and supports entity incorporation across 150+ countries.

"Horizons was the right name for where we started. Remote People is the right name for where we're going," said Antoine Boquen, CEO of Remote People. "We're not just an EOR anymore. We take care of the the full hiring and expansion experience, from recruitment to compliant hiring, to incorporation. The name says exactly what we do — we're the people behind your remote workforce."

A Single Partner from First Hire to Local Presence

Remote People now delivers Employer of Record services alongside in-house recruitment, contractor management, US PEO, global mobility, and entity incorporation advisory.

Profitable since 2020, the company has grown sustainably, rather than propped up by venture capital. The focus has been on infrastructure and dedicated human support, as opposed to sales development and marketing.

"We invest in compliance, not billboards," as Boquen succinctly put it.

By the Numbers

3,000+ companies served across 150+ countries. Ranked #1 on G2 for Ease of Use, Best Support, and Best Meets Requirements. 97% annual customer retention.

What This Means for Customers

Existing Horizons customers will experience a seamless transition. All contracts, services, and account relationships remain unchanged. The new branding will roll out across the platform, communications, and invoicing over the coming weeks.

The Remote People brand is live today at remotepeople.com. Companies can schedule a consultation at remotepeople.com/contact/ and existing customers can login for the updated experience.

About Remote People

Remote People (formerly Horizons) is the full-lifecycle global employment platform built to recruit, employ, and incorporate. Headquartered in New York, the company operates across 150+ countries with dedicated human support. 

Trusted by 3,000+ companies and ranked #1 on G2 for Ease of Use, Best Support, and Best Meets Requirements. Enterprise-level service. Priced for growth. 

Learn more at remotepeople.com

Full-lifecycle global hiring platform now recruits, employs, and incorporates across 150+ countries.

NEW YORK, Feb. 9, 2026 /PRNewswire/ -- Horizons, the global Employer of Record, today announced it is rebranding as Remote People.

The rebrand reflects the company's evolution from an Employer of Record provider into a full-lifecycle hiring and expansion platform. Remote People recruits talent, employs them compliantly, and supports entity incorporation across 150+ countries.

"Horizons was the right name for where we started. Remote People is the right name for where we're going," said Antoine Boquen, CEO of Remote People. "We're not just an EOR anymore. We take care of the the full hiring and expansion experience, from recruitment to compliant hiring, to incorporation. The name says exactly what we do — we're the people behind your remote workforce."

A Single Partner from First Hire to Local Presence

Remote People now delivers Employer of Record services alongside in-house recruitment, contractor management, US PEO, global mobility, and entity incorporation advisory.

Profitable since 2020, the company has grown sustainably, rather than propped up by venture capital. The focus has been on infrastructure and dedicated human support, as opposed to sales development and marketing.

"We invest in compliance, not billboards," as Boquen succinctly put it.

By the Numbers

3,000+ companies served across 150+ countries. Ranked #1 on G2 for Ease of Use, Best Support, and Best Meets Requirements. 97% annual customer retention.

What This Means for Customers

Existing Horizons customers will experience a seamless transition. All contracts, services, and account relationships remain unchanged. The new branding will roll out across the platform, communications, and invoicing over the coming weeks.

The Remote People brand is live today at remotepeople.com. Companies can schedule a consultation at remotepeople.com/contact/ and existing customers can login for the updated experience.

About Remote People

Remote People (formerly Horizons) is the full-lifecycle global employment platform built to recruit, employ, and incorporate. Headquartered in New York, the company operates across 150+ countries with dedicated human support. 

Trusted by 3,000+ companies and ranked #1 on G2 for Ease of Use, Best Support, and Best Meets Requirements. Enterprise-level service. Priced for growth. 

Learn more at remotepeople.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Horizons Rebrands as Remote People, Expanding Beyond EOR to Full-Service Global Hiring

Horizons Rebrands as Remote People, Expanding Beyond EOR to Full-Service Global Hiring

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