UK Money Transfer Operator Wise Secures UAE Approval

UK money transfer operator Wise secures UAE approval

UAE remittances $44bn a year Wise moves $50bn per quarter UAE becoming more competitive The Central Bank of the United Arab Emirates has granted money transfer service Wise regulatory approval to operate in the Gulf state. The London-based financial technology company specialises in moving and storing money, and already has 15 million customers around the world, shifting nearly $50 billion every three months. Wise has secured regulatory approval…

Wise Secures Retail Payments License in UAE: A New Era in Fintech | Fintech InShorts: Latest fintech news, analysis by experts

Unlocking Opportunities in the Middle East with Innovative Financial Solutions Highlights: Wise has received a retail payments license to operate in the UAE. The license positions Wise to expand its services in the Middle East market. This move underscores Wise’s commitment to enhancing its global reach and providing innovative payment solutions. Wise has become a significant player in the financial technology space by securing a retail payment…

Wise offers Remittances in the UAE after Central Bank Approval

Wise, one of the global technology companies building the best way to move money around the world, has secured regulatory approvals by the Central Bank of the United Arab Emirates (CBUAE) to bring its suite of products to the country.  Home to over 200 nationalities, the UAE is one of the world’s most diverse countries in the world, where approximately USD 40 billion is moved annually across borders by individuals and businesses. This makes inte…

Wise Secures Central Bank Final Approval for Stored Value Facilities and Retail Payment Services Licenses in the UAE

Wise (LON:WISE), the global technology company building the best way to move money around the world, has secured regulatory approvals by the Central Bank of the United Arab Emirates (CBUAE) to bring its suite of products to the country. Home to over 200 nationalities, the UAE is one of the world’s most diverse countries in the world, where approximately $40 billion is moved annually across borders by individuals and businesses. This makes intern…