du Pay, the advanced digital financial services arm of du, recently announced the appointment of Roberto Mancone as Chief Executive Officer. Mancone brings over 25 years of global fintech and digital banking leadership experience across the USA, Europe, UK, and the GCC to drive the company’s ambitious expansion plans and strategic growth initiatives.
Mancone, the former CEO of BEYON Money, will oversee strategic direction, commercial growth, regulatory compliance, and ecosystem partnerships to transform the UAE’s digital payments landscape.
Industry sources added that his appointment comes at a key moment for du Pay as the company transitions from its scale-up phase into it’s next stage of growth. Under the regulatory framework of the UAE Central Bank, du Pay currently offers a broad suite of services including cash-in/out, peer-to-peer transfers, merchant payments, remittances, IBAN accounts, and debit cards, with plans to expand into lending, insurance, and investment solutions through both in-house development and strategic partnerships.
Market Impact & Achievements
Operating under the UAE Central Bank’s regulatory framework, du Pay has firmly established itself as a key driver of the nation’s cashless and financial inclusion agenda:
- Scale: Surpassed 1.4 million unique downloads and processed over AED 4 billion in transactions by its second anniversary.
- Inclusion: Offers zero-balance digital wallets, free IBANs, and 200+ country remittance options.
- Innovation: Launched ‘Salary in the Digital Wallet’ in 2025, enabling unbanked workers to receive direct digital salary disbursements.
- Accolades: Won E-Payment Solution of the Year (2025) and Visa’s Partnership Excellence Award.
Future Vision
As du Pay evolves into a comprehensive digital financial ecosystem, it plans to expand its current suite of remittance and payment services into lending, insurance, and investment solutions through in-house innovation and strategic partnerships.
Fahad Al Hassawi, Chairman of du Pay, said: “We are excited to welcome Roberto Mancone to the du Pay team as we enter the next chapter of our fintech journey. His expertise positions him to strengthen our partnerships across the ecosystem while advancing our mission to transform digital payments in the UAE market. Roberto’s extensive experience will be invaluable as we continue to innovate and contribute to the rapidly evolving fintech landscape.”
