3S Money, an international payments platform revolutionizing cross-border business, has obtained a license from Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from DIFC, to provide money services from Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa, and South Asia (MEASA) region.
3S Money will provide UAE-based businesses access to more than 190 countries through one digital global business account, enabling fast and reliable payments in more than forty currencies. This will also streamline international payments that are vital for a cross-border economy, allowing UAE-based businesses to scale beyond borders at pace.
3S Money opens international trade to these ambitious businesses that are underserved by the existing financial services providers with tailored business accounts to enable seamless and high-value transactions to support their expansion.
3S Money recorded a growth of 260 per cent year-on-year in 2021 and has become an international payment service of choice for thousands of shareholders and directors, having processed USD 1 billion in client payments worldwide last year. 3S Money continues to invest in its expansion across key regions globally by attracting world-class talent in the UK, Latvia, Luxembourg and now Dubai, further building out its compliance, product, and business development teams, while also planning on investing in R&D in the region.