“Careem” acquires the “Dinari” platform

Dubai: «The Gulf»
Careem has announced that it has acquired the assets of Dinari, the Dubai-based cash transfer platform.
Mudassir Sheikha, CEO and co-founder of Careem, said: “The acquisition of the assets of the Denari platform is an important step for us at Careem, as this startup has successfully launched a completely new way to transfer money in the world. Denari’s innovative API accelerates our journey to provide an easy and cost-effective international money transfer service, and enhances the diversified list of financial services that CareemPay currently offers.”
John Edward Santillan, CEO and Co-Founder of Dinari, said: “We are delighted to join Careem, a company that has made the biggest impact on people’s lives in the region, and has succeeded in providing services that simplify all of people’s daily needs. Careem enjoys a wide base of customers, captains and merchants, And many years of experience in dealing with various types of financial transactions, which will help us expand the use of the money transfer technology offered by Dinari.
Founded in 2019 by John Santillan and Walfredo Pérez, Denari has since developed its own financial services technology, which enables advanced integration with its customer platforms such as CareemPay as well as fast and low-cost money transfer services around the world.

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