Wari and Lycaremit enter strategic partnership to facilitate cross-border remittance

PUBLISHED: Thu, 21 Jan 2021 10:34:11 GMT

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Wari (www.Wari.com), a global platform offering digital financial services, is partnering with Lycaremit to strengthen its global network; Lycaremit users will benefit from Wari’s highly secure network to access low-cost fund transfers across 30 African countries, Europe, Russia, and the Middle East; Services will be available online immediately, via WhatsApp Messenger and via a mobile app which is to be launched imminently.

Wari, a global platform offering digital financial services, and Lycaremit, a world leader in remittance and part of the multinational Lyca Group, have signed a strategic partnership that will strengthen and expand their global networks to provide access to money transfer services worldwide.

A pioneering platform, Wari has transformed the development of and access to financial services by offering tailored and convenient payments and solutions. Through its highly secure platform, Wari has built a network of more than 700,000 outlets around the world providing numerous channels for its customers to utilise.

The partnership between Lycaremit and Wari was born out of an ambition to create an integrated ecosystem comprising financial services, operations, and the facilitation of seamless cross border transactions. Lycaremit’s customers will benefit from Wari's innovative platform which will enable Lyca to credit any bank account and mobile wallet. Wari will benefit from the increased engagement that Lyca’s global brand recognition will bring to its platform.

Wari is available via WhatsApp, Facebook Messenger, Wari App, Ussd and at Points Of Sale. Lycaremit’s services will be available online with immediate effect and the company will be launching a dedicated mobile app imminently.

Lycaremit is part of the Lyca Group, a British multinational of likeminded businesses that share the common goal of connecting people. Lycaremit provides affordable, reliable digital money transfers to more than 50 countries worldwide, and is constantly building upon its services to improve the lives of its customers.

Allirajah Subaskaran, Founder and Chairman of Lyca Group, said: “The Lyca Group was built to connect people around the world. We are committed to helping as many people as possible send money to friends and loved ones across borders. Through our partnership with Wari, we have an opportunity to better realize that vision.”

Kabirou Mbodje, CEO of Wari, said: “We partner with key players around the world to offer a global ecosystem to our customers. This agreement will provide more options to foreign communities who support their families back in their countries of origin and is aligned with our goal of ensuring that financial and digital services accessible to all.”

Lycaremit plans to roll out its services globally in the coming year, starting with Europe to meet growing demand on the continent for fast, reliable international money transfers.

Distributed by APO Group on behalf of Wari Group.

Media Contact: Wari Communications pr@wari.com

Hawthorn Advisors Email: lyca@hawthornadvisors.com Tel: +44 (0) 20 3745 4977

About Lycaremit: Launched in Jun 2015, Lycaremit (www.Lycaremit.co.uk) is a trading name of Lycamoney Financial Services Limited and part of the British multinational Lyca Group. Lycaremit allows customers to transfer money online to a growing list of over 50 countries around the world. It provides fast, secure, and reliable services with low transactions fees as attractive and convenient alternatives to the incumbent traditional money transfer companies.

Lycaremit was born out of the necessity for money to be easily transferred when and where customers need it the most. The service can be accessed via desktop devices and soon through a mobile app which will be launched imminently.

For more information go to Lycaremit’s website: www.Lycaremit.co.uk.

About Wari: Launched in 2008, Wari (www.Wari.com) is a digital platform offering financial services with high social added value intended for the public, companies, institutions and merchants.

Wari (www.Wari.com) platform and its services, available to this day in more than 170 countries, via 700, 000 direct points of service and partners worldwide, including 45, 000 in Africa, offers a wide range of products and services: Wari (www.Wari.com) accounts, merchants payments, bills payments, TV subscription, airtime topups, games & lotteries, sending and receiving money, Wari bank card, insurance to name a few and can handle all payment methods (cash, bank account, bank cards, wallets, vouchers…).

Wari's (www.Wari.com) objective is to promote access to basic financial services for all, within an open, integrated and federating ecosystem, using simple services adapted to both needs and demand, strategic partnerships, a wide physical local network and a highly secured platform.

For more information please visit Wari’s website: www.Wari.com https://mywari.us/WhatsApp.

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