Business

In a move to strengthen the digital payments infrastructure in the UAE, Blue Remit Limited, a subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with Saad Exchange. The collaboration is set to transform cross-border remittance services by offering secure, seamless, and fully compliant digital payment solutions.

The partnership was formalized at the Dubai Fintech Summit 2025, with senior executives from both companies underscoring their shared commitment to innovation, enhanced customer experiences, and financial inclusion.

Through this alliance, Blue Remit, known for its rapid growth and advanced fintech capabilities, will leverage its technological expertise to complement Saad Exchange’s strong market presence in the UAE. Together, they plan to introduce a suite of digitally enabled financial products tailored to meet the demands of modern consumers seeking fast and reliable cross-border transfers.

Omer Farooq, Director of Operations at Blue Remit Limited, stated:

“We are excited to partner with Saad Exchange to support their aspirations in the cross-border remittance space, being an agile partner like us. This collaboration not only reinforces our commitment to ensuring seamless instant remittances but also adds more value to our users through enhanced credibility, regulatory strength, and innovation.”

Muhammad Faiz Alam, CEO of Saad Exchange, commented:

“Partnering with Blue Remit marks a significant milestone in our journey to modernise traditional financial services. Together, we aim to support the UAE’s ambition of becoming a global fintech hub by developing impactful, future-ready solutions tailored to the needs of our communities.”

This partnership is poised to play a vital role in accelerating the UAE’s position as a regional leader in financial technology, while delivering improved financial services to residents and expatriates alike.

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