du Pay has appointed 25-year banking veteran Roberto Mancone to spearhead its expansion beyond payments into lending and insurance.
The appointment of new du Pay CEO Roberto Mancone comes as the fintech arm of telecom operator du transitions from its initial scale-up phase.
Operating under the regulatory framework of the Central Bank of the UAE (CBUAE), du Pay currently provides zero-balance digital wallets, peer-to-peer transfers, and international remittances to more than 200 countries.
“We are excited to welcome Roberto Mancone to the du Pay team as we enter the next chapter of our fintech journey,”
said Fahad Al Hassawi, Chairman, du Pay.
“His expertise positions him to strengthen our partnerships across the ecosystem while advancing our mission to transform digital payments in the UAE market.”
Mancone brings a wealth of digital banking experience across the USA, Europe, the UK, and the GCC.
He previously served as Chief Executive of BEYON Money in Bahrain and the UAE.
There, he launched a digital finance platform backed by a sovereign wealth fund.
The leadership change follows a period of growth for the digital wallet, which reported 1.4 million unique downloads. It also processed more than AED 4 billion in transactions by its second anniversary.
In 2025, the company launched a direct digital salary disbursement feature for unbanked workers. This removed the need for a traditional bank account.
The expansion plans align with the company’s goal of acting as a key enabler of the UAE’s cashless and financial inclusion agenda.
Featured image credit: Edited by Fintech News UAE, based on image by mrsiraphol via Magnific
