DelTran is a banking-grade settlement network designed for licensed banks, EMIs and PSPs. Participants connect once and gain access to on-demand settlement, multilateral netting and built-in compliance across supported corridors.
As the network grows, capital and liquidity benefits compound.
Each new participant brings additional corridors and offsetting flows. The aggregate capital and liquidity benefit grows faster than the number of members.
More participants and corridors mean more offsetting flows that can be netted multilaterally, reducing gross settlement volumes and intraday funding needs.
Each region is approached with local counsel, clear licensing objectives and conservative assumptions on timelines and scope. The network only goes live where regulatory expectations are clearly understood.
DelTran focuses on growth-oriented banks, EMIs and PSPs prepared to act as early anchors on key corridors, co-designing operational playbooks, reporting and governance.
A focused group of regulated institutions on priority corridors validating operations, reporting and settlement mechanics.
Multiple corridors within and across regions, higher netting ratios and visible reductions in pre-funded settlement balances.
A dense network of banks and payment institutions where cross-border and domestic flows settle on-demand over a shared rail.
A staged, regulatory-led rollout across corridors and regions.
The network begins with a limited number of high-value corridors and expands in phases. Each phase is anchored by regulated institutions, clear use cases and measurable capital and liquidity benefits.
Primary regulatory focus: ADGM-focused path (2025+)
Indicative markets: UAE and wider GCC corridors
Using ADGM as the initial hub for Gulf corridors where intraday liquidity, remittances and corporate flows create strong demand for on-demand settlement.
Primary regulatory focus: EU Payment Institution (Lithuania) + UK Authorised PI
Indicative markets: 27 EEA countries + UK
Payment Institution licences with passporting rights for 35 European countries. SEPA corridors and cross-border PSP flows.
Primary regulatory focus: MAS Major Payment Institution
Indicative markets: Singapore and Southeast Asia
Singapore MPI licence as foundation for Asia-Pacific expansion through correspondent banking relationships for trade and treasury flows.
Each region is approached with local counsel, clear licensing objectives and conservative assumptions on timelines and scope. The network only goes live where regulatory expectations are clearly understood.
DelTran focuses on growth-oriented banks, EMIs and PSPs prepared to act as early anchors on key corridors, co-designing operational playbooks, reporting and governance.
DelTran is currently in a pre-launch phase. Nothing on this page should be interpreted as an offer to provide regulated services or as confirmation that any specific licence has been granted. All plans remain subject to regulatory engagement and approval, and timelines may change.
An illustrative view of how work with regulators in different jurisdictions may progress over time.
ADGM Money Services permission. GCC coverage through partner banks.
Money Services
UAE and GCC through partner banks
Payment Institution licences for 35 European countries via passporting.
Payment Institution (PI)
All 27 EEA member states
Payment Institution (Authorized)
UK and dependent territories
CBUAE domestic licence and Singapore MPI for Asia-Pacific expansion.
CBUAE Retail Payment Services
UAE domestic settlement
MPI (Major Payment Institution)
Singapore and APAC corridors
US FinCEN MSB + state MTLs, followed by Brazil and Mexico.
FinCEN MSB + State MTLs
50 states and US territories
Brazil PI + Mexico IFPE
Latin American corridors
Regulatory work is sequenced to balance client demand, jurisdictional priorities and internal risk appetite, rather than maximising the number of countries in the shortest time.