Qatar-Born CWallet Offers A Multi-Functional Fintech Solution For The MENA’s Expat Population – Entrepreneur

Qatar-Born CWallet Offers A Multi-Functional Fintech Solution For The MENA’s Expat Population – Entrepreneur

In 2021, Statista.com found that Filipinos working in Qatar sent over US$829 million in cash remittances to the Philippines. But as a long-time resident of Qatar, Michael Javier is well-aware of the plight of fellow expats (regardless of whether they hail from the Philippines like him, or elsewhere), both in the country and in the wider region, who, while wishing to send most of their income back to their families in their native countries, are often unable to do so, owing to problems like high remittance fees, or the lack of a bank account.

Seeking to introduce a new money remittance and payment solution for unbanked and low-income expats in Qatar, Javier launched CWallet, a fintech startup that enables users to receive their salaries on the platform, while also being able to conduct online and offline transactions, and ultimately, send money to other countries in a seamless fashion.