Page 35 - Whizmo PR REPORT - November 2024

UAE’s new all-in-one financial app ‘Whizmo’ to transform daily transactions for individuals and businesses – Bizpreneur Middle…
have encountered financial frictions in their daily transactions due to strong dependence on cash or
have been largely disenfranchised.
“Our goal was to develop a solution that bridges existing financial gaps, provides people with
financial freedom, reduces their reliance on cash, and nurtures opportunities for holistic 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 transactions.
Notably, Whizmo will facilitate instant realisation of funds, eliminating the long waiting periods often
observed in traditional non-cash payment methods. This will allow business owners to focus on their
operations without disruptions and enjoy improved cash flow and much-needed working capital.
Soon, they will also be able to make swift 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.
There has been a growing sense of anticipation among consumers, businesses, and industry
experts with regard to Whizmo’s offerings. With its innovative features, commitment to user
satisfaction,
advocacy for financial inclusivity, and a vision for a cashless future aligned with the UAE
government’s digital economy goals, Whizmo is determined to create a meaningful impact on the
financial landscape of the country and beyond.
About Whizmo:
Whizmo, a service offering by Whizpay Technology LLC is an all-in-one mobile money solution
symbolizing the essence of financial democracy in the United Arab Emirates. It is headquartered in
Abu Dhabi, UAE, with its operational office located in Silicon Oasis, Dubai, UAE. What truly makes it
an ‘all-in-one’ solution is that it combines every aspect of daily finances into a single, easy-to-use
app with a suite of comprehensive services, ensuring seamless transactions. For more information,
visit www.whizmo.ae

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