Wizz to Acquire UAE Exchange

Wizz Financial is preparing to rebrand after getting the approval of the United Kingdom’s Financial Conduct Authority (FCA) to acquire UAE Exchange U.K. Limited. The approval comes on the heels of green lights from the United Arab Emirates and regulatory entities in the United States and the Middle East. Wizz Financial will rebrand UAE Exchange U.K. as it focuses on synchronizing all its offerings between the U.S., U.K., UAE and India.

Wizz Financial invests in the latest state-of-the-art technology to build the best exchange and compliance platforms in the world. UAE Exchange U.K. will offer more than money remittance but also micro lending solutions and an array of related innovative products. Wizz Financial specialize in cross-border payments, foreign exchange, micro-lending, digital wallets, and B2B payment technology solutions. Serves 25 million customers and 1500 corporate and institutional clients in over 30 countries through trusted brands such as Unimoni, UAE Exchange, Xpress Money, BFC, Direcpay and Remit2India. We are the leading remittance provider in the Middle East, India, and Africa, with a network of over 100 correspondent banks, more than 140 branches, and upwards of 200,000 locations worldwide.

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