Fintech PR
Curve Pay Introduces 1% Cashback for International Spending, Eliminating Foreign Transaction Fees – The Only Global Wallet That Allows Payments Like a Local
Curve Pay, the only mobile wallet that eliminates hidden foreign transaction fees, is now introducing 1% cashback when spending abroad
LONDON, Oct. 3, 2024 Curve, the Global Wallet, has today launched an extensive foreign spending scheme which redefines how customers spend abroad and what it is possible to save on fees. As part of its ongoing mission to reshape the mobile wallet experience, Curve has increased fee-free spending limits up to £100,000, saving up to 3% on foreign spend, and introduced in addition 1% travel cashback on all international spend.
With the new benefits, Curve Pay is the only mobile wallets that empowers customers to “Pay Like a Local” by eliminating hidden currency conversion fees, removing the need to preload money or buy currencies in advance. Curve’s unique wallet technology converts local currency in real time to match the currency of the customer’s linked card, and completely eliminates any foreign transaction fees that banks would otherwise charge. All of this is done at the mid-market rate, offering frequent travellers a seamless, cost-effective, and transparent way to manage their finances while abroad. Customers can access this benefit in more than 140 currencies, while enjoying up to £100,000 in fee-free spending per month, along with an additional 1% cashback on international purchases, making Curve the ideal solution for travellers, expats, and anyone spending money abroad.
“Curve is committed to being ‘The Global Wallet That Saves You Money!’” said Shachar Bialick, Founder and CEO of Curve. “By eliminating hidden foreign transaction fees and increasing our fee-free spending limits, we are addressing a costly pain-point for customers who would otherwise end up paying unnecessary costs every time they get their card out. Now with the addition of the 1% cashback when spending abroad, Curve has undeniably the best Fx offering in the market for expats and travellers. No one should have to worry about unexpected fees or restrictions while travelling, and so through Curve’s latest ‘Killer Fx’ benefits, our customers can spend freely like a local anywhere they go”.
Curve’s unique offering, which works with any bank, provides comprehensive coverage for customers providing a cost-effective and seamless payment experience. With Curve, customers can enjoy flexibility, security, and significant savings, all through their digital wallet.
These enhancements reflect Curve’s commitment to providing a superior financial management tool that caters to the needs of its customers wherever they are in the world.
About Curve
Curve is the ultimate digital wallet, revolutionising the way people spend, see, and save their money by consolidating multiple cards into a single smart card and app. The company’s mission is to become the ultimate destination for all consumer financial needs, offering seamless access to a comprehensive suite of financial products and services through the Curve ecosystem. Unlike other solutions, Curve empowers users to enhance their existing bank accounts without the need to switch banks. With a presence in 32 markets across the UK, European Economic Area (EEA), and now Israel, Curve is transforming personal finance for users worldwide. For more information, visit www.curve.com.
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Joseph Moses
Campaign PR
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Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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