Qashio becomes MENA’s first spend management to pass Dh1b mark in transaction volume
Dubai-based spend management and corporate card solutions provider set to redefine fintech
Dubai: Dubai-based Qashio, a fintech leader in spend management and corporate card solutions, passed the one billion mark in transaction volumes, in October, the company announced in a media release. Through innovative technology and exceptional service, Qashio has transformed Dh 1 billion in cash spending into secure, traceable digital transactions, setting a new standard for the industry.
In just two short years, Qashio has expanded its office locations, including a state-of-the-art facility recently opened in Abu Dhabi in addition to their Riyadh Office and Europe Office, the company said. The company plans to expand its presence across the GCC, Saudi Arabia, Europe, and the UK. Qashio is poised for aggressive growth in Asia, targeting key markets such as Singapore, Hong Kong, and Thailand, where it plans to replicate its success becoming another global success born out of Dubai showing the world that UAE is a technology hub worth counting on, the company added.
By forging exclusive partnerships with industry leaders like Emirates, Landmark Group, Enoc, YallaCompare, and CredibleX, Qashio has created a robust ecosystem that fosters collaboration and drives growth for its clients. These strategic alliances empower local businesses, opening doors to new opportunities and elevating service offerings for clients.
“It’s been a privilege to support businesses in the UAE and help fuel their growth with Qashio,” said Armin Moradi, CEO of Qashio. “We are committed to our clients’ growth and success giving them a global solution that aligns with the mission of reducing cash transactions into digital and safe payments. As we continue to expand our ecosystem of partnerships, we will continue to grow our all-star, locally-based team dedicated to delivering exceptional support and innovative solutions to our clients.”
To celebrate this momentous achievement, Qashio is launching a series of exciting initiatives aimed at rewarding its valued clients and strengthening community ties, the company said.