Nium deepens footprint in Middle East with Saudi-based Enjaz Banking

Nium deepens footprint in Middle East with Saudi-based Enjaz Banking

Nium, a Singapore-headquartered cross-border payments company, has partnered with Enjaz Banking Services, the remittance division of Bank Albilad in Saudi Arabia, continuing its expansion in the Middle East region. Nium will work with the bank to offer free international money transfer services through the Enjaz app for smart devices. Soon, all Enjaz customers will be […]Nium, a Singapore-headquartered cross-border payments company, has partnered with Enjaz Banking Services, the remittance division of Bank Albilad in Saudi Arabia, continuing its expansion in the Middle East region.

Nium will work with the bank to offer free international money transfer services through the Enjaz app for smart devices. Soon, all Enjaz customers will be able to access competitive exchange rates and instant transfers via Nium’s global partner network.

This new customer win builds on Nium’s success in the region, which includes a roster of the most prestigious financial institutions, such as Mashreq Bank, one of the Middle East’s largest banks, and three of the most significant foreign exchange houses in the United Arab Emirates (UAE) – Al Fardan Exchange, Alawneh Exchange, and Al Rostamani Exchange.

This momentum is being supported by the appointment of three regional Vice Presidents, Nawal Kebouri Ammor, Ashraf Omran, and Saikat Roy,