Le Lézard
Classified in: Science and technology, Business
Subject: JVN

Remitly, Xpress Money Partner to Expand Cross-border Money Transfer Services


Remitly customers can now send money to Xpress Money locations in Asia and Africa

DUBAI, UAE, Nov. 21, 2019 /PRNewswire/ -- Remitly, the online remittance service used by nearly two million people, and Xpress Money, a Finablr company, have come together to increase cross-border payout options for customers in Asia and Africa. This partnership leverages Xpress Money's global footprint and its omnichannel distribution capabilities, adding thousands of cash pick-up locations to the Remitly network in addition to enabling convenient money transfers to bank accounts and mobile wallets.

Promoth Manghat, Group CEO of Finablr, and Sudhesh Giriyan, CEO of Xpress Money, along with Matt Oppenheimer, CEO and Co-Founder of Remitly.

The alliance brings together Remitly's digital capabilities of sending money swiftly through its app or online platform, with Xpress Money's legacy of processing secure cross-border money transfers across its robust payout network, built over the last two decades. 

Commenting on the partnership, Xpress Money CEO, Sudhesh Giriyan said, "Our focus has always been to enable customers to exercise their choice in how, when and where they want to send and receive money. This partnership between Xpress Money and Remitly reiterates our commitment to facilitating seamless money transfer experiences. Fueled by the collective strengths of our expertise, we believe this partnership will add scale to our business."

Matt Oppenheimer, Remitly CEO and Co-Founder, said, "The opportunity to send money online is transforming the way people around the world give financial support to family and friends. It's critical for customers to know that their recipients will get their money in a way that is most convenient to them. We're thrilled to partner with Xpress Money to expand the Remitly network further and offer a range of receive options that our customers have come to expect."

Photo - https://mma.prnewswire.com/media/1032844/Xpress_Money.jpg  
Logo - https://mma.prnewswire.com/media/1032867/Xpress_Money_Logo.jpg

Xpress Money logo


 


These press releases may also interest you

at 18:10
Helix Energy Solutions Group, Inc. ("Helix") reported a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024 compared to a net loss of $28.3 million, or $(0.19) per diluted share, for the fourth quarter 2023 and a net...

at 18:06
Churchill Downs Racetrack ("Churchill Downs") announced today a partnership with The Unwell Network (UNWELL) that will add a fresh and unique thrill to the 150th running of the Kentucky Derby. The home of the longest continually held sporting event...

at 18:00
Drone Delivery Canada Corp. or (the "Company" or "DDC") is pleased to announce its 2023 financial results, and to provide a general corporate update....

at 18:00
Simply Better Brands Corp. ("SBBC" or the "Company") today reported its audited financial results for the year ended December 31, 2023. All amounts are expressed in United States dollars unless otherwise noted. Certain metrics, including those...

at 17:59
M&T Bank Corporation ("M&T") will participate in the RBC Capital Markets US Banks Fixed Income Investor Symposium. Representatives of M&T will meet with investors in New York City on April 30, Chicago on May 1 and virtually on May 2....

at 17:50
The First Bancshares, Inc. ("FBMS" or "the Company") , holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended March 31, 2024. Highlights for the Quarter: Net income available to common...



News published on and distributed by: