Enjoy mobile remittances to the Philippines, India, Sri Lanka, Nepal, Pakistan, Bangladesh, Egypt, Jordan, Saudi Arabia, Bahrain, and Kuwait
Dubai-based Denarii Cash, a mobile money transfer app for expatriates in the UAE, has announced that the company signed strategic partnership agreements and expanded its network to eleven countries. Expatriates in the UAE are now able to remit cash via their smartphones to the Philippines, India, Sri Lanka, Nepal, Pakistan, Bangladesh, Egypt, Jordan, Saudi Arabia, Bahrain, and Kuwait.
The company has experienced a rapid spike in the number of users downloading the mobile application since March 2020. With this sudden surge in downloads, Denarii Cash has 1.1 million waitlisted users to be activated when compared to the 57,000 active users prior to the pandemic. In today’s world, mobile cash remittances have become a necessity and are affordable, secure and easily accessible to customers.
Commenting on the announcement, Jon Santillan, founder and techpreneur said: “As key players in the remittance field, since the beginning of the pandemic our team has worked tirelessly to hasten the process of signing partnership agreements to offer our services to several expatriate communities in the UAE. Our strategy is to offer our remittance services to as many expatriates as possible. Today, we are proud to have paved the way for our customers to digitally remit cash to 11 major countries and this was no easy task.”
“We, at Denarii Cash, provide the highest exchange rate and charge the lowest transaction fees in the market. We look forward to further expanding our services to several other countries in the near future.”
Jon Santillan
How to create an account in Denarii Cash?
With Denarii Cash, users can set up a free account in minutes, pay bills by debit or credit cards, recharge accounts all at the comfort and safety of their homes. Its robust network provides free flow of money with ease from one country to the other with same-day delivery at low-cost transaction fees.
Denarii Cash can be downloaded from App Store or Play Store.
What is Denarii Cash?
Established by Jon Santillan in 2018, Denarii Cash is a leading money transfer app in the UAE, providing secure and affordable money transfer options for individuals. The startup company offers services that significantly simplify the remittance process by allowing expatriate workers in UAE to send money via smartphone and enjoy a full range of pay-out options including cash pickup or a bank deposit of cash to support their families back home. Currently, it has footprints in the Philippines, India, Pakistan, Sri Lanka, Nepal, Bangladesh, Egypt, Jordan, Saudi Arabia, Kuwait, and Bahrain with further expansion underway across key business markets.
Denarii Cash is backed and supported by leading venture capital firms 500 Falcons, MISK Innovation, 500 Fintech, and leading GCC angel investors.
