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5/14/25, 8:56 AM Blue Remit Limited and Saad Exchange join forces to drive Innovation in Cross-Border Digital Payments - Middle East Business Ne…
Blue Remit Limited and Saad Exchange join

forces to drive Innovation in Cross-Border Digital

Payments

May 13, 2025 8

Blue Remit Limited, a subsidiary of Al Ansari Financial Services PJSC, one of the fastest-growing digital remittance
players, has partnered with Saad Exchange, a leading cross-border remittance provider in the UAE. This strategic
alliance aims to expand access to secure, seamless, and compliant cross-border digital payment solutions through a
wide variety of accessible channels for customers.

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The agreement was officially signed during the Dubai Fintech Summit 2025, where senior leaders from both
organisations highlighted their shared vision for digital transformation, enhanced customer experience, and continued
growth within the UAE’s financial ecosystem.

By combining Blue Remit’s cutting-edge fintech capabilities and deep-rooted legacy, with Saad Exchange’s strong
market presence in the country, the collaboration aims to deliver a range of digitally enabled financial products. These
offerings will be designed to meet the evolving needs of consumers seeking reliable, efficient, and instant cross-border
money transfers.

“We are excited to partner with Saad Exchange to support their aspirations in the cross-border remittance space, being
an agile partner like us.” said Omer Farooq, Director of Operations, Blue Remit Limited. “This collaboration not only
reinforces our commitment to ensuring seamless instant remittances but also adds more value to our users through
enhanced credibility, regulatory strength, and innovation.”

Muhammad Faiz Alam, CEO of Saad Exchange, stated: “Partnering with Blue Remit marks a significant milestone in our
journey to modernise traditional financial services. Together, we aim to support the UAE’s ambition of becoming a global
fintech hub by developing impactful, future-ready solutions tailored to the needs of our communities.”

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