The Map, Ryad · Atlas · Payr

Drag to pan anywhere · scroll to zoom · FIT to reset. Atlas (tech) ←→ Payr (licensed settlement), licences by country, four verticals and their customers, only the real arrows drawn.

ownsholds 100%holds a stake · Payr standaloneacceptance from AtlasMorocco rail from AtlasCASPMSBPSSPIMTOPSPpartnerMoroccoMorocco licence + endpoint = ATLAS→ Payr→ Payr→ Payr→ Payr
RYAD GROUP
ATLAS
PAYR
LICENCES, by country
GAMING
TRAVEL
SPORTS
DIASPORA
RYAD
The holding company, owns and runs the group.
Ryad Payment Technology Ltd
The vehicle / BidCo, holds the operating assets.
*(vault entity = "Payment"; your verbal said "Payments", confirm)*
ATLAS
ATLAS
The payments-technology & processing engine
The SELECT platform every Moroccan bank & fintech runs on. 32 yrs · Visa/MC/UnionPay certified · PCI-DSS · ~70 countries.
Not a licensed PSP, Atlas supplies the rails/tech; the licence to move money sits in Payr.
ATLAS
Card issuance
Full lifecycle, debit/credit/prepaid/virtual, multi-currency.
ATLAS
Merchant / acquiring
Omni-channel acceptance, POS, online, QR. Risk + loyalty.
ATLAS
Payment gateways
Banks ↔ Visa / MC / UnionPay / local schemes.
ATLAS
Switching & PaaS
Full processing outsourced. 24/7, PCI-DSS hosted.
ATLAS
Mobile & wallets
Mobile banking, wallets, P2P, airtime, bills.
ATLAS
SoftPOS
Android NFC turns a phone into a POS.
ATLAS
Tokenization
PAN replacement, Visa VTS / MC MDES.
ATLAS
Risk, fraud & 3-DS
Real-time monitoring + cardholder auth.
ATLAS
Card personalisation
7M+ cards/yr, certified centres.
ATLAS
Value-add modules
BNPL · Islamic · loyalty · multi-currency · agency banking · instant payments.
ATLAS
Certifications
Visa · MC · UnionPay · PCI-DSS · ISO · CMMI L4.
PAYR
PAYR
The licensed, stablecoin-native settlement company
It moves the money, and holds the money-transmission licences (above). Sold to businesses that must pay/settle into Africa.
Each step below may need a licence (arrow up) and may use a piece of Atlas (arrow left).
PAYR
① Pay-in
Collect: bank, card, wallet.
acceptance can come from Atlas →
PAYR
② Convert
Fiat → USDC. Held minutes.
PAYR
③ Settle / move
Tokenised USD rails, ~30s, cents, no pre-funding.
PAYR
④ Pay-out
Local bank, mobile money, USDC.
Morocco payout via Atlas →
PAYR
Real-time FX
Transparent spread, the durable margin.
PAYR
Treasury / float
Yield on balances in transit.
PAYR
Compliance
KYC/KYB, sanctions, travel-rule.
PAYR
APIs + dashboard
One integration: move A→B.
PAYR
Orchestration
Route to the best rail; own the Morocco endpoint.
LICENCE
🇲🇦 Morocco
Endpoint via ATLAS (corridor #1), the home rail.
LICENCE
🇸🇰 Slovakia
CASP, EU crypto-asset (~3 mo). The stablecoin leg.
LICENCE
🇨🇦 Canada
MSB, money-services base for B2B.
LICENCE
🇳🇬 Nigeria
PSSP, largest SSA corridor.
LICENCE
🇺🇬 Uganda
IMTO + PSSP.
LICENCE
🇨🇲 Cameroon
PSP licence.
LICENCE
🇰🇪🇬🇭 Kenya · Ghana
Local-bank partnerships (partner-routed).
GAMING
Gaming, Creators & Entertainment
Customer = the business with a one-to-many payout obligation to African talent. Creator economy $5.1bn→$29.8bn (28.7% CAGR). Pain: 5–12%/yr leak; PayPal one-directional; long tail excluded.
GAMING
Platforms, YouTube, TikTok, Meta, Bigo
Pay millions of creators.
→ Pay-out + FX (Payr)
GAMING
Agencies / MCNs
Batch-pay creators cross-country.
→ API + Pay-out (Payr)
GAMING
Labels & DSPs
Royalties to Afrobeats artists.
→ Pay-out + FX (Payr)
GAMING
Esports orgs
Prize money / salaries.
→ Pay-out (Payr)
GAMING
Payout platforms (Selar)
A back-end, not to build one.
→ whole Payr stack
GAMING
Stablecoin entrants (PYUSD)
A regulated African off-ramp.
→ Pay-out endpoint
TRAVEL
Hospitality & Travel
African card cost 7%+; MoR + local settlement cuts it ~70%, lifts conversion ~50%. Morocco tourism $13bn→$20bn by 2030. TurnStay has no Morocco endpoint, the gap.
TRAVEL
Hotels & groups
Accept foreign card, settle local.
→ acceptance (Atlas) + Settle (Payr)
TRAVEL
OTAs / hotel SaaS (HotelOnline)
MoR + payout.
→ Atlas + Payr
TRAVEL
Delivery (Glovo, Jumia)
High-freq tourist card flow.
→ Atlas acquiring + Payr FX
TRAVEL
Hajj / Umrah travel
Pilgrim packages home→KSA.
→ Pay-in + Settle (Payr)
TRAVEL
Tour operators / DMCs
Foreign deposit in, supplier out.
→ Payr settle + FX
TRAVEL
Sports-travel
Bundle ticket+hotel, payout local.
→ Atlas + Payr
SPORTS
Sports
Global money in, local organiser out, the unowned seam. African sports ~$12bn→$20bn; CAF $312.9m. AFCON 2025 = live proof of the broken state.
SPORTS
Ticketing (Tix, YALLA)
Foreign cards → local payout.
→ Atlas + Payr settle
SPORTS
CAF / federations / clubs
Hard-currency in, local out.
→ Payr settle + FX
SPORTS
Organisers / LOCs
Multi-currency sponsor settle.
→ Payr + Atlas
SPORTS
Fan-token / gifting
On/off-ramp to local accounts.
→ Convert + Pay-out (Payr)
SPORTS
Sports streaming
Multi-currency subs + payouts.
→ Pay-in + Pay-out (Payr)
SPORTS
Athletes (payees)
Payout across 50+ countries.
→ Pay-out + FX (Payr)
DIASPORA
Diaspora & B2B
The largest, stickiest base, whoever's margin IS the African FX spread. Africa x-border $329bn→$1tn. Morocco remittances $12.9bn (France 32% + Spain 13%).
DIASPORA
Remittance apps / MTOs
Cheaper payout, less pre-funding.
→ Pay-out + Treasury (Payr) + Atlas
DIASPORA
FX bureaus
Wholesale local liquidity.
→ FX + Settle (Payr)
DIASPORA
Payroll / EOR (Deel, Remote)
Cheap African leg.
→ Pay-out + FX (Payr)
DIASPORA
Importers / marketplaces
Pay African suppliers fast.
→ Settle + FX (Payr)
DIASPORA
Banks / neobanks
The African last-mile they lack.
→ white-label Payr payout
DIASPORA
Orchestrators (Thunes, Onafriq)
A Morocco node they lack.
→ plug into Atlas endpoint
Atlas, tech & processingPayr, licensed settlementLicences by countryVerticals & customers