Latest news with #moneytransfer
Finextra
4 days ago
- Business
- Finextra
Jingle Pay collaborates with Western Union on cross-border remittances
Jingle Pay, a leading digital financial services platform in the Middle East & South Asia, today announced a significant collaboration partnership with Western Union, to enable delivery of international money transfers (remittances) from select markets. 1 Under this agreement, Jingle Pay will serve as a key partner for Western Union, providing support to the flow of cross-border money transfers currently to bank accounts & mobile wallets. Amir Fardghassemi, Chief Executive Officer of Jingle Pay, emphasized the significance of the alliance: 'This partnership is a defining milestone in Jingle Pay's journey. Being selected by Western Union to deliver their transactions from multiple send markets is a testament to our platform's reliability and scale. We're proud to enable faster and more accessible remittance experiences for communities that depend on cross-border support.' Riz Sohail, Chief Business Officer at Jingle Pay, noted:'With Western Union's extensive global network and Jingle Pay's cutting-edge technology, we are well-positioned to transform the remittance experience for millions of consumers. This collaboration not only supports financial inclusion, but also opens up scalable opportunities for innovation in international payments.' Giovanni Angelini, President of Europe, Middle East and Africa at Western Union, commented:'At Western Union, we are committed to connecting customers with their loved ones around the world through fast, convenient and trusted global money transfer services. Collaborating with Jingle Pay is an important step in furthering this commitment, expanding access to financial services and driving greater financial inclusion where it matters most.' Hatem Sleiman, Regional Vice President of Middle East, Pakistan and Afghanistan at Western Union added:'Our collaboration with Jingle Pay reflects our focus on meeting the evolving needs of digitally savvy customers. By combining our strengths, we're making international money transfers more accessible and relevant. Together, we are driving innovation that empowers customers with seamless and reliable money transfers, supporting their growth.' Both companies are also exploring expansion to additional high-demand corridors in the near future, aiming to further enhance access to seamless and secure cross-border money transfer
Finextra
4 days ago
- Business
- Finextra
Jigle Pay collaborates with Western Union on cross-border remittances
Jingle Pay, a leading digital financial services platform in the Middle East & South Asia, today announced a significant collaboration partnership with Western Union, to enable delivery of international money transfers (remittances) from select markets. 0 Under this agreement, Jingle Pay will serve as a key partner for Western Union, providing support to the flow of cross-border money transfers currently to bank accounts & mobile wallets. Amir Fardghassemi, Chief Executive Officer of Jingle Pay, emphasized the significance of the alliance: 'This partnership is a defining milestone in Jingle Pay's journey. Being selected by Western Union to deliver their transactions from multiple send markets is a testament to our platform's reliability and scale. We're proud to enable faster and more accessible remittance experiences for communities that depend on cross-border support.' Riz Sohail, Chief Business Officer at Jingle Pay, noted:'With Western Union's extensive global network and Jingle Pay's cutting-edge technology, we are well-positioned to transform the remittance experience for millions of consumers. This collaboration not only supports financial inclusion, but also opens up scalable opportunities for innovation in international payments.' Giovanni Angelini, President of Europe, Middle East and Africa at Western Union, commented:'At Western Union, we are committed to connecting customers with their loved ones around the world through fast, convenient and trusted global money transfer services. Collaborating with Jingle Pay is an important step in furthering this commitment, expanding access to financial services and driving greater financial inclusion where it matters most.' Hatem Sleiman, Regional Vice President of Middle East, Pakistan and Afghanistan at Western Union added:'Our collaboration with Jingle Pay reflects our focus on meeting the evolving needs of digitally savvy customers. By combining our strengths, we're making international money transfers more accessible and relevant. Together, we are driving innovation that empowers customers with seamless and reliable money transfers, supporting their growth.' Both companies are also exploring expansion to additional high-demand corridors in the near future, aiming to further enhance access to seamless and secure cross-border money transfer
Zawya
4 days ago
- Business
- Zawya
Jingle Pay collaborates with Western Union to power cross-border money transfers
DUBAI, UAE/PRNewswire/ -- Jingle Pay, a leading digital financial services platform in the Middle East & South Asia, today announced a significant collaboration partnership with Western Union, to enable delivery of international money transfers (remittances) from select markets. Under this agreement, Jingle Pay will serve as a key partner for Western Union, providing support to the flow of cross-border money transfers currently to bank accounts & mobile wallets. Amir Fardghassemi, Chief Executive Officer of Jingle Pay, emphasized the significance of the alliance: "This partnership is a defining milestone in Jingle Pay's journey. Being selected by Western Union to deliver their transactions from multiple send markets is a testament to our platform's reliability and scale. We're proud to enable faster and more accessible remittance experiences for communities that depend on cross-border support." Riz Sohail, Chief Business Officer at Jingle Pay, noted: "With Western Union's extensive global network and Jingle Pay's cutting-edge technology, we are well-positioned to transform the remittance experience for millions of consumers. This collaboration not only supports financial inclusion, but also opens up scalable opportunities for innovation in international payments." Giovanni Angelini, President of Europe, Middle East and Africa at Western Union, commented: "At Western Union, we are committed to connecting customers with their loved ones around the world through fast, convenient and trusted global money transfer services. Collaborating with Jingle Pay is an important step in furthering this commitment, expanding access to financial services and driving greater financial inclusion where it matters most." Hatem Sleiman, Regional Vice President of Middle East, Pakistan and Afghanistan at Western Union added: "Our collaboration with Jingle Pay reflects our focus on meeting the evolving needs of digitally savvy customers. By combining our strengths, we're making international money transfers more accessible and relevant. Together, we are driving innovation that empowers customers with seamless and reliable money transfers, supporting their growth." Both companies are also exploring expansion to additional high-demand corridors in the near future, aiming to further enhance access to seamless and secure cross-border money transfers. About Jingle Pay Jingle Pay is a UAE-based fintech company providing inclusive, mobile-first financial services across the Middle East, South Asia. Jingle Pay empowers users to access instant accounts, international transfers, bill payments, and more designed for the digitally native and financially underserved. Media Contact: Jingle Pay Farioli Chief Marketing Officer media@ +97145477778 SOURCE: Jingle Pay
Yahoo
4 days ago
- Business
- Yahoo
Jingle Pay Collaborates with Western Union to Power Cross-Border Money Transfers
DUBAI, UAE, June 16, 2025 /PRNewswire/ -- Jingle Pay, a leading digital financial services platform in the Middle East & South Asia, today announced a significant collaboration partnership with Western Union, to enable delivery of international money transfers (remittances) from select markets. Under this agreement, Jingle Pay will serve as a key partner for Western Union, providing support to the flow of cross-border money transfers currently to bank accounts & mobile wallets. Amir Fardghassemi, Chief Executive Officer of Jingle Pay, emphasized the significance of the alliance:"This partnership is a defining milestone in Jingle Pay's journey. Being selected by Western Union to deliver their transactions from multiple send markets is a testament to our platform's reliability and scale. We're proud to enable faster and more accessible remittance experiences for communities that depend on cross-border support." Riz Sohail, Chief Business Officer at Jingle Pay, noted:"With Western Union's extensive global network and Jingle Pay's cutting-edge technology, we are well-positioned to transform the remittance experience for millions of consumers. This collaboration not only supports financial inclusion, but also opens up scalable opportunities for innovation in international payments." Giovanni Angelini, President of Europe, Middle East and Africa at Western Union, commented:"At Western Union, we are committed to connecting customers with their loved ones around the world through fast, convenient and trusted global money transfer services. Collaborating with Jingle Pay is an important step in furthering this commitment, expanding access to financial services and driving greater financial inclusion where it matters most." Hatem Sleiman, Regional Vice President of Middle East, Pakistan and Afghanistan at Western Union added:"Our collaboration with Jingle Pay reflects our focus on meeting the evolving needs of digitally savvy customers. By combining our strengths, we're making international money transfers more accessible and relevant. Together, we are driving innovation that empowers customers with seamless and reliable money transfers, supporting their growth." Both companies are also exploring expansion to additional high-demand corridors in the near future, aiming to further enhance access to seamless and secure cross-border money transfers. About Jingle Pay Jingle Pay is a UAE-based fintech company providing inclusive, mobile-first financial services across the Middle East, South Asia. Jingle Pay empowers users to access instant accounts, international transfers, bill payments, and more—designed for the digitally native and financially underserved. Media Contact: Jingle FarioliChief Marketing Officermedia@ Photo - View original content to download multimedia: SOURCE Jingle Pay Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
12-06-2025
- Business
- Finextra
Saudi Arbian finance app tiqmo joins global Moneygram network
MoneyGram, a leading global payments network for consumers, businesses and communities, today announced a partnership with tiqmo, the Most Rewarding Financial App in Saudi Arabia. 0 Through this partnership, tiqmo users across Saudi Arabia can now send international money transfers to over 200 countries and territories via the global MoneyGram network. With this integration, tiqmo customers will gain access to more than five billion digital endpoints and over 480,000 MoneyGram locations worldwide, supporting send and receive options in over 120 currencies. Additionally, tiqmo provides a range of international financial services including bank account transfers, digital wallet transfers, cash pick-up, bill payments and mobile top-ups. tiqmo is one of the fastest-growing apps in Saudi Arabia, licensed by the Saudi Central Bank. Since its launch in 2024, tiqmo has rapidly established itself as a leading digital wallet in Saudi Arabia, and across the Middle East and North Africa (MENA) region. Trusted by millions of users, tiqmo selected MoneyGram as its cross-border payments partner due to the breadth of its extensive global reach, trusted infrastructure and strong footprint in Saudi Arabia - one of the world's largest remittance markets. 'We believe that our partnership with MoneyGram will strengthen tiqmo's portfolio of international financial services and connect our customers with a payment brand known around the world,' said Abdulaziz Al Ajlan, Managing Director at tiqmo. 'In line with Vision 2030 and the Kingdom's digital transformation objectives and in pursuit of our goal to redefine digital financial services, we are delighted to welcome MoneyGram into our world-class digital payments ecosystem for the MENA financial services and marketplace.' 'This partnership reflects MoneyGram's leadership in enabling digital cross-border payments and advancing financial inclusion across the region,' said Ahmed Aly, Head of Middle East, South Asia & Asia Pacific at MoneyGram. 'By expanding our digital network through this collaboration with tiqmo- one of the Kingdom's most innovative and fast-growing wallets- we are reinforcing our role as a key enabler of remittance innovation and supporting Saudi Arabia's Vision 2030 towards a more inclusive and digital empowered financial ecosystem.' According to the World Bank, Saudia Arabia was the second largest sender of remittances in 2022, with over $39 billion flowing abroad. This new service is expected to benefit customers sending money to top recipient countries, such India, Pakistan, Bangladesh, the Philippines, Egypt, Indonesia and Nepal. The new service is now live and available to all tiqmo users in Saudi Arabia.
