SAMA & CBUAE Sandbox Native

Rewiring Global Payments
From the GCC

The institutional-grade, non-custodial stablecoin rail that moves cross-border payments in minutes — not days — with compliance built in.

⚡ Minutes, not days
🔒 Non-Custodial
✓ Compliant by design
Request a Demo See how it works →
$800B+
Annual GCC cross-border trade flows
5–15 bps
Revenue per transaction on volume
<5 min
Settlement vs. 1–5 business days
4+
Priority corridors: IN · CN · US · EU
The Problem

Cross-border B2B payments
are broken for banks

1–5
Business Days
Slow Settlement
Correspondent banking chains cause multi-day delays that freeze liquidity across the entire trade cycle.
2–5%
Total Cost
High Friction Cost
FX spreads, intermediary fees, and float costs accumulate to multiple percentage points per transaction.
6+
Intermediaries
Zero Transparency
Institutions lack real-time visibility. Complex reconciliation, opacity across chains, no audit trail.
0
API-Native Rails
Not Programmable
Legacy SWIFT rails weren't built for real-time, API-first digital commerce. Banks cannot adopt crypto custody.
The Solution

Non-custodial transaction orchestration

Korix separates orchestration from execution. We manage routing, compliance, quoting, and workflow — while all funds move through regulated partners. Banks get a single API to access compliant, near-instant stablecoin settlement rails without ever touching custody.

⚡

Near Real-Time Speed

Reduce 1–5 day correspondent banking to minutes via stablecoin rails.

🛡

Compliance-First

Pre-execution AML, sanctions screening, corridor rules, and immutable audit trails baked in.

🔌

API-Native

Single integration for banks and fintechs. Smart routing selects optimal corridor and partner in real time.

🔒

Truly Non-Custodial

Korix never holds client funds, operates wallets, or takes custody — zero crypto risk for banks.

KORIXPAY
INSTITUTIONAL PAYMENT RAILS
SAMA Regulatory Sandbox
CBUAE Aligned
Non-Custodial Infrastructure
How It Works

End-to-end in minutes

From API request to beneficiary payout — non-custodial throughout.

1

Quote

Bank requests FX rate & fees via Korix API

2

Route & Comply

AML/sanctions check + optimal corridor selected

3

Fund & Mint

Bank funds on-ramp; VASP mints USDC

4

Transfer

USDC moves on-chain to off-ramp partner

5

Payout

Thunes / Visa Direct pays local currency to beneficiary

COMPLIANCE OVERLAY

AML · Sanctions Screening · Route Validation · Audit Logging · Pre & Post-Transaction Monitoring

Market Opportunity

UAE & GCC — the natural hub for global trade

$800B+
Annual GCC cross-border trade flows
10×
Expansion upside with GCC-wide scale
5–15 bps
Revenue per transaction on volume
4+
Priority corridors: IN · CN · US · EU
UAE and GCC are strategic hubs for B2B trade with India, China, US, and Africa — tens of billions in addressable annual flows.
UAE is positioning as a digital asset and fintech hub with a maturing regulatory environment (CBUAE, DFSA, VARA).
Saudi Arabia's Vision 2030 fintech acceleration opens parallel entry — SAMA sandbox provides regulatory runway.
Even 5–10 bps net take rate on a small share of GCC flows creates a multi-million USD annual revenue pool.
Why Korix Now

Four converging forces

The defining moment for institutional stablecoin rails.

01

National Sovereignty in Payments

Korix enables an alternative cross-border payment rail operating in parallel to SWIFT — reducing reliance on correspondent banking and giving governments national-level control.

02

Enhancing Cross-Border Efficiency

Near real-time settlement and reduced intermediary fees through optimised routing — moving from days and percentage-point costs to minutes and basis points.

03

A Local Fintech with Global Impact

Locally anchored with global connectivity — integrating with Visa Direct and Thunes while supporting national fintech ecosystem growth and GCC-first development.

04

Full Transparency & Traceability

End-to-end visibility across every transaction, eliminating the opacity of correspondent banking chains through structured audit logs and real-time tracking.

Competitive Landscape

The only purpose-built institutional rail

No existing solution delivers all five attributes for institutional cross-border payments.

Capability SWIFT / Correspondent Consumer Fintechs Crypto Exchanges Closed Networks KORIXPAY
Near-instant settlement✗✓✗✗✓
Low cost (< 20 bps)✗✗✗✗✓
Non-custodial✓✓✗✓✓
Institutional-grade compliance✓✗✗✗✓
API-native integration✗✓✓✗✓
Corridor-agnostic✓✗✗✗✓
Product Architecture

Four modular layers

API-first, regulator-aligned, compliance embedded.

A

LAYER A — ACCESS & INTEGRATION

API Gateway · OAuth2 / mTLS · KYB Onboarding · Developer Portal · Rate Limiting · ISO 20022 adapters

B

LAYER B — ORCHESTRATION & CORE

Routing Engine · Quote Engine · Workflow / State Machine · Settlement Matching · Exception Handling · Event Bus (Kafka)

C

LAYER C — DIGITAL ASSET CONNECTIVITY

Circle / VASP APIs · Thunes · Visa Direct · Off-ramp APIs · Blockchain Listener (read-only) · Retry & Idempotency Layer

D

LAYER D — RISK, COMPLIANCE & REPORTING

AML / Sanctions Screening (Chainalysis / TRM) · Rule Engine · Audit Logs · Corridor Controls · Regulatory Evidence Exports

Non-custodial by design: Korix operates as a pure orchestration layer — no funds, wallets, or digital assets are held or controlled by Korix.
Open for Partners & Investors

Ready to rewire GCC payments?

Get in touch — whether you're a bank, fintech, or just curious about what we're building.

Contact Us
SAMA Regulatory Sandbox CBUAE Aligned Non-Custodial Infrastructure UAE / Saudi Arabia