UAE-based fintech company BILRS has secured a new round of investment from Salica Spring Studios, an innovation-focused venture fund supported by Salica Investments and the Al Waha Fund of Funds.
Launched in 2022 by Rupert Shaw, BILRS provides global solutions for bill payments, mobile top-ups, and digital gift cards, enabling seamless and secure cross-border transactions for businesses.
This latest investment will enable BILRS to accelerate its global expansion, strengthen its technology infrastructure, and deepen its capabilities in delivering real-time, compliant financial services across markets. The fintech previously closed a pre-seed round in 2023 from UK-based investor Haatch.
The partnership is a major milestone for BILRS as it continues to bridge the gap between traditional financial systems and modern digital payment tools. The company’s platform integrates with major providers to offer instant transactions while maintaining full regulatory compliance.
Rupert Shaw, CEO of BILRS, commented:
“Salica Spring Studios shares our vision of making global bill payments more accessible and efficient. This investment marks a new chapter for us — one where we scale smarter, build faster, and reach further.”
Josh Rodger, Principal at Salica Spring Studios, added:
“BILRS is reimagining how cross-border payments should work — fast, transparent, and scalable. Their approach aligns closely with our mission to back startups reshaping the future of fintech, and we’re excited to be part of their journey.”
This collaboration reflects a shared commitment to solving payment inefficiencies in emerging markets and unlocking financial access for millions worldwide.
