Global Expansion
Built for one corridor. Designed for many.
Pakistan to Saudi Arabia is the first corridor, not the last. The same regulated-partner model extends to new country pairs, and the same wallet can plug into the QR networks already connecting travelers worldwide.
The Market, By The Numbers
The flow this wallet sits inside
These are today's numbers for the existing bank and card remittance channel, publicly reported by each country's central bank, not Velra's own volume. They're the size of the flow the wallet is built to run alongside.
Saudi Arabia → Pakistan remittances, FY2025–26
State Bank of Pakistan
Pakistanis living and working in Saudi Arabia
2023 estimate
Pakistani Umrah pilgrims in 2024, the #1 source country
Saudi Ministry of Hajj & Umrah
New Pakistani workers who moved to Saudi Arabia in 2025 alone, up 17% YoY
Bureau of Emigration & Overseas Employment
Adjacent Corridors, Sized the Same Way
| Corridor | Corridor volume | Country's total remittances | Source |
|---|---|---|---|
| Pakistan → Saudi Arabia | $9.78BFY2025–26, largest single source | $41.6BPakistan's total remittances, FY2025–26, a record year | State Bank of Pakistan |
| India → UAE | ~$24B~18% of total, 2nd-largest source after the US | $135.5BIndia's total remittances, FY2024–25, a record year | World Bank / Reserve Bank of India |
| Bangladesh → Saudi Arabia | $4.26BFY2024–25, 2nd-largest source after the US | $30.3BBangladesh's total remittances, FY2024–25 | Bangladesh Bank |
| Philippines → KSA & Qatar | ~$3.3BCombined, 2024–25 (~6.6% + ~2.9% of cash remittances) | $34.5BPhilippines' cash remittances, 2024 | Bangko Sentral ng Pilipinas |
| Egypt → Saudi Arabia | ~$8–12BLargest single source, home to ~1.5M Egyptians | $29.4BEgypt's total remittances, 2024 | AGBI / Central Bank of Egypt reporting |
Figures are compiled from public central-bank and statistics-office reporting for the periods noted; corridor-specific shares for India, the Philippines, and Egypt are estimated from published source-country percentages, not an exact bilateral total, since not every central bank reports one. Reporting periods mix fiscal and calendar years to match each source.
Scan Beyond the Card Network
One wallet, every QR network it can plug into
Tap to pay and the co-badged card cover Mada, Visa, and Mastercard acceptance today. The same SAR balance can extend to the QR-based acceptance networks already live across Asia and the Gulf, without Velra building merchant acceptance from scratch in every new country.
Alipay+
A cross-border QR interoperability scheme already linking 10+ e-wallets, Alipay, Touch 'n Go, GCash, Kakao Pay among them, to one shared merchant base across Asia. Joining as a connected wallet lets a Velra balance scan to pay anywhere in the network, without a separate merchant agreement in every country.
WeChat Pay
China's dominant QR wallet, open to selected international wallets for inbound scan-to-pay acceptance at its merchant base, relevant wherever a corridor routes travelers through or into China-linked markets.
PromptPay
Thailand's national QR rail, already linked to Singapore's PayNow under a bilateral interoperability agreement, the same kind of link a Saudi or Gulf transit corridor could pursue next.
UPI International
India's UPI now accepts inbound payments from linked wallets in several countries. Not a market Velra serves directly, but the working model for how a Pakistan-origin wallet pursues its own bilateral QR links.
Every one of these is a bilateral or multilateral agreement between QR schemes, not a technical rebuild. Velra's own QR would be issued against the same standard the corridor already runs on, EMVCo QR or a scheme-specific spec, and cleared through a settlement agreement with each network, the same pattern the card rails already use today.
Beyond Pakistan ⇆ Saudi Arabia
The same model, run in a new pair of countries
Every corridor needs the same three things: a licensed remittance or EMI partner in the sending country, a licensed payment institution in the receiving country, and a travel or labor population large enough to justify it. Pakistan to Saudi Arabia is first because it has the clearest version of all three.
India → UAE
A large Indian expatriate population in the UAE, an established remittance corridor, and the UAE's own advancing instant-payment infrastructure. Needs an India-licensed remittance partner and a UAE-licensed e-money or payment institution.
Bangladesh → Saudi Arabia
One of the largest labor migration corridors into the Kingdom. The Saudi-side partner and SAMA compliance work built for Pakistan carries over directly; only a Bangladesh Bank-regulated EMI or remittance partner needs to be added.
Philippines → Qatar
A large, well-organized OFW remittance market already served by BSP-regulated e-money issuers, paired with a second Gulf market ahead of continued labor demand.
Egypt → Saudi Arabia
Egypt is one of Saudi Arabia's largest expatriate labor sources. The same Saudi-side partner, card network, and SAMA compliance work applies; only an Egypt-licensed remittance partner needs to be added.
What Stays the Same
One backend, many corridors
Same ledger and backend
WealthOS Connect, the event-sourced ledger, and the multi-cloud deployment model described in the whitepaper stay identical from corridor to corridor.
Same KYC engine, new documents
The tiering logic (basic vs. travel) carries over; only the accepted document types change per country.
Same card network, new sponsor
Visa and Mastercard acceptance is already global. Each new corridor needs its own BIN-sponsoring bank, not a new network integration.
Partner With Us
Have a corridor or network in mind?
Whether it's a new country pair or a QR network to connect, the architecture is already built to take it. Book a call to talk through what it would take.
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