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6/3/25, 9:05 AM Al Ansari Financial Services India Launch Begins Global Exp

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Al Ansari Financial Services India Launch Begins Global
Expansion Phase

EN

Al Ansari Financial Services India is now a reality as the leading UAE-based remittance and foreign
exchange company has officially launched its operations in India. This marks a major milestone for the
company, which is eyeing significant growth in one of the world’s largest markets for remittances and
fintech innovation.
The move comes at a time when financial services are rapidly expanding across Asia. Al Ansari’s decision
to enter India signals its intent to strengthen its global presence and tap into India’s massive demand for
efficient and trustworthy financial solutions.
Why India Is a Key Market for Al Ansari

India is the world’s largest recipient of remittances. In 2023 alone, the country received over $125 billion
in inbound transfers, much of which comes from overseas workers, including millions based in the Gulf
region.

This made India a natural fit for Al Ansari Financial Services India. The company aims to serve not just
Non-Resident Indians (NRIs) sending money home but also Indians looking to make overseas payments,
currency exchanges, and more.
Al Ansari’s Executive Director Rashed A. Al Ansari said, “India is a strategic market for us, and our
expansion here aligns perfectly with our long-term vision of becoming a global player in the remittance
and financial services sector.”
Services Al Ansari Will Offer in India

Al Ansari Financial Services India will initially focus on three core areas:
Cross-border remittances
Foreign currency exchange
Payment and fintech solutions
The company is already known for its robust digital infrastructure and will introduce a customer-friendly
online and mobile app experience tailored for the Indian market.

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