Page 22 - Whizmo PR REPORT - November 2024

Whizmo, UAE’s New All-in-one Financial App for Everyone
financial inclusion and empowerment, we are confident that Whizmo will emerge as a preferred digital
money solu on, enabling users to take control of their money and streamline financial ac vi es for all,

especially among the unbanked communi es.”

Echoing his views, Eric G. Karobia, CEO of Whizmo, stated: “Whizmo is more than just a financial app; it
is a catalyst for change.” He further elaborated on the organiza on’s journey, explaining how the app

was conceived in response to the challenges faced by individuals and business owners who have
encountered financial fric ons in their daily transac ons due to strong dependence on cash or have

been largely disenfranchised.
“Our goal was to develop a solu on that bridges exis ng financial gaps, provides people with financial

freedom, reduces their reliance on cash, and nurtures opportuni es for holis c growth,” Karobia
added.

While individuals will be able to effortlessly manage their everyday

finances with Whizmo, businesses can also benefit from its wide range

of features designed to simplify daily transac ons. Notably, Whizmo will

facilitate instant realiza on of funds, elimina ng the long wai ng

periods o en observed in tradi onal non-cash payment methods. This

will allow business owners to focus on their opera ons without

disrup ons and enjoy improved cash flow and much-needed working

capital.

Soon, they will also be able to make swi B2B and B2C payments,

receive money digitally across the Emirates, pay supplier bills, and

disburse salaries directly to their staff members’ Whizmo wallets with

just a few clicks using their smartphones. As a result, users’ reliance on

physical currency will be reduced and geographical proximity issues will

be addressed.

https://techitupme.com/whizmo-uaes-new-all-in-one-financial-app-for-everyone/ 3/4