Al Ansari Financial Services PJSC
About Al Ansari Financial Services PJSC
The Group's global platform provides cross-border payments, foreign exchange solutions, access to the Wage Protection System in the United Arab Emirates and other services such as bill collection and pre-paid cards as well as payment technology solutions to consumers and businesses in the large and growing payments and foreign exchange and remittance market in the United Arab Emirates. The Group delivers its products and services through a comprehensive global network underpinned by its proprietary technology.
Company's Activities are detailed in AOA and Listing Prospectus.
Latest Pressrelease Summaries from Al Ansari Financial Services PJSC
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Al Ansari Financial Services and Halan have formed a strategic partnership to offer innovative financial services in the UAE, targeting underbanked and unbanked populations. The collaboration introduces Salary Advance and Send Now, Pay Later (SNPL) services, aimed at providing Al Ansari's customers with enhanced financial flexibility and convenience. Salary Advance allows individuals to access a portion of their wages before payday, reducing reliance on high-interest credit. The partnership leverages Al Ansari's financial expertise and Halan's fintech platform to deliver secure and accessible solutions tailored to the needs of the UAE workforce. The SNPL service enables customers to send money instantly and repay in installments, further supporting financial inclusion and empowerment.
Al Ansari Financial Services has announced its financial results for the full year 2023, as well as its earnings for the nine months and third quarter of 2024.
Al Ansari Financial Services PJSC and its subsidiaries have released a review report and condensed interim consolidated financial statements for the nine-month period ending on September 30, 2024. This report covers the financial performance and activities of the company during the third quarter of 2024.
Al Ansari Exchange, the largest remittance and foreign exchange company in the UAE, has partnered with MEX Global Financial Services LLC, part of the MultiBank Group, to streamline customer payments. This partnership allows customers to make deposits and withdrawals from their trading accounts at any Al Ansari Exchange branch in the UAE. The collaboration aims to enhance customer experience by providing a convenient and efficient way to manage financial transactions, complying with local regulations. With over 260 branches, Al Ansari Exchange offers MultiBank Group clients near-instant deposit and withdrawal services. The partnership emphasizes both companies' commitment to customer-centric innovation and secure financial solutions. MultiBank Group, established in 2005 and serving over 1 million clients globally, is known for its advanced trading solutions and strong regulatory compliance. For more information, visit Al Ansari Exchange's website.