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Published 2 years ago

Another Day, Another Acquisition: Careem Buys Dubai-Based Money Transfer Platform, Denarii

Summary by Ground News
Careem Pay will use Denarii’s money transfer technology to connect customers and captains with remittance services provided by licenced providers. Careem Pay offers a digital wallet that stores real money for customers in the UAE as well as a peer-to-peer (P2P) transfer product.

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Gulf NewsGulf News

Ride-hailing Careem buys out Dubai-based money trading platform Denarii

Deal will bulk up payment options offered through Careem Pay

2 years ago·Dubai, United Arab Emirates
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EntrepreneurEntrepreneur

Another Day, Another Acquisition: Careem Buys Dubai-Based Money Transfer Platform, Denarii

A fintech enterprise, Denarii was launched in 2019 by Jon Santillan and Walfrido Perez as a platform that integrates fintech companies and financial institutions with remittance aggregators, banks, exchanges, and wallets globally.

2 years ago·S F, United States
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Gulf BusinessGulf Business

Careem acquires money transfer technology platform Denarii

Denarii helps businesses build secure profit centres by automating accounts payable. Some key members of the Denarii team will also be joining Careem.

2 years ago
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Biz TodayBiz Today

Careem acquires money transfer technology platform Denarii

Careem announces the acquisition of the assets of Denarii, a Dubai-based money transfer platform that integrates fintechs and financial institutions with remittance aggregators, banks, exchanges and wallets globally. Some key members of the Denarii team will also be joining Careem. Founded in 2019 by Jon Santillan and Walfrido Perez, Denarii’s proprietary money transfer technology uses …

2 years ago
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