So its time to tell you what I've been up to (apart from Middle East Stablecoin Association - MESA. and Digital Money Association work).
I've been in stablecoins for nearly five years. I've seen them mature and seen them transform financial services. They are truly a payment innovation and for years cross-border remittance has been called the product-market fit. That has nagged me for years. They are easy to send but hard to receive where people most need them.
The people who needed this better money most had no means to access it. Many can't afford smartphones let alone the data, and many are unbanked: hundreds of millions of people across MENA and South Asia, all served by the worst rails: slow, expensive, and with no record of where the money went. How can we help them and the governments, aid agencies and corporates that want to pay them especially in countries rebuilding like Syria?
So earlier this year, after a conversation during Ramadan, I started building a solution with Faris Sibai. It's called Saleem (سليم). I know how regulated digital money is issued, held and settled. Faris knows how a product is positioned and distributed in the markets where access is the problem. The rail needs both.
Saleem is payment infrastructure for institutions. An aid agency, a ministry, an employer or a bank pays from its treasury; the money lands on the phone the recipient already has, a basic handset included, with or without a bank account.
We have spent this year building rather than talking. The platform is built and demonstrable, pre-launch. We are developing our first corridors, the Levant and Pakistan from the Gulf, working through licensed and distribution partnerships, and beginning conversations around our first external funding round.
We are part of the
@StellarOrg @BuildOnStellar Development Foundation x
@CV_Labs Accelerator, cohort 2026 and look forward to presenting at the Meridian conference in Lisbon next month. I'll be at the Jordan Fintech Festival this week so get in touch.
If you have a programme, a payroll or a corridor that fits, let's talk. And if you want to follow what we build, the company will post its progress here on X:
Saleem (سليم) ·X
@saleempay ·
saleem.digital
Thank you to all those people that have been supporting us on this journey. Those who took a call, opened a door, or suggested how we could improve. You're helping us build better, faster.
@Naicker_94