Page 43 - Whizmo PR REPORT - November 2024

UAE’s new all-in-one financial app ‘Whizmo’ to transform daily transactions for individuals and businesses – 9cnews

Echoing his views, Eric G. Karobia, CEO of Whizmo,
than just a nancial app; it is a catalyst for change.” He further elaborated

on the organization’s journey, explaining how the app was conceived in
response to the challenges faced by individuals and business owners who

have encountered nancial 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 nancial gaps,
provides people with nancial freedom, reduces their reliance on cash, and

nurtures opportunities for holistic growth,” Karobia added.

While individuals will be able to e ortlessly manage their everyday nances

with Whizmo, businesses can also bene t 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 ow 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 sta 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 o erings. With
its innovative features, commitment to user satisfaction,

advocacy for nancial 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 nancial landscape of the country and
beyond.

9cnews.com

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