Ride-hailing Careem buys out Dubai-based money transfer platform Denarii
Deal will bulk up payment options offered through Careem Pay
Source: gulfnews.com
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Careem acquires money transfer technology platform Denarii
UAE-based super app Careem has acquired the assets of Denarii, a Dubai-based money transfer platform. The value of the deal was not...
Source: wamda.com
Ride-hailing Careem buys out Dubai-based money trading platform Denarii
Deal will bulk up payment options offered through Careem Pay
Source: gulfnews.com
How Covid-19 transformed the UAE's remittance sector in 2020
SHARE The digitalisation of the UAE's remittance industry picked up in 2020 as a result of Covid-19-related movement restrictions, with many providers reporting exponential growth in money transfers through mobile apps. “The major trend in the UAE remittance industry this year is the adoption of digital channels faster than what we have seen in the previous years,” says Rashed Al Ansari, chief executive of Al Ansari Exchange. “The pandemic has warped the speed of adoption for existing digital channels, shortening the uptake that would normally take years into months, especially in the s...
Source: thenationalnews.com