Page 25 - Whizmo PR REPORT - November 2024

Whizmo Launched To Democratise Access to Finance for Users and Businesses in UAE | The Fintech Times
With a robust network of merchants and partners, users can

conveniently pay for purchases directly through the app. Users can also

load e-money into their wallets by conver ng cash at designated retail

outlets, known as ‘Whizmo Cash Points,’ and then withdraw cash from

the same loca ons.

Built to serve both individuals and enterprises, the app addresses

important issues related to managing daily transac ons and provides

users with improved control over financial ac vi es, especially since it

does not require users to link it to their bank account. With these

features, Whizpay Technology is empowering the UAE’s financial

landscape with reliable money solu ons for all.

Improving access to finance

Saeed Bin Khalaf Bin Ahmed Al Otaiba, chairman, and the driving force

behind Whizmo, stated: “We are extremely delighted to introduce the

Whizmo app to the UAE. With an unwavering commitment to 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 said: “Whizmo is

more than just a financial app; it is a catalyst for change.” He further

elaborated on the organisa 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

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