{"id":568545,"date":"2025-06-12T11:58:12","date_gmt":"2025-06-12T10:58:12","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=568545"},"modified":"2025-06-12T11:58:12","modified_gmt":"2025-06-12T10:58:12","slug":"moneygram-and-tiqmo-partner-to-boost-cross-border-remittances-from-saudi-arabia","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/moneygram-and-tiqmo-partner-to-boost-cross-border-remittances-from-saudi-arabia\/","title":{"rendered":"MoneyGram and tiqmo partner to boost cross-border remittances from Saudi Arabia"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-551073 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/MoneyGram.jpg\" alt=\"MoneyGram, WireBarley, Seoul, Korea, South Korea, Banking Solutions, Baking Technology, Remittances, Tencent, Tencent Financial Technology, Weixen Pay, China, Digital Remittances, Payments Technology, Fintech news, China News, Fintech China,\" width=\"200\" height=\"200\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/MoneyGram.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/MoneyGram-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2023\/09\/MoneyGram-100x100.jpg 100w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><a href=\"https:\/\/www.moneygram.com\/us\/en\">MoneyGram<\/a>, a global payments network for consumers, businesses and communities, has partnered with <a href=\"https:\/\/tiqmo.com\/\">tiqmo<\/a>, a Financial App based in Saudi Arabia. Through this partnership, tiqmo users across Saudi Arabia can send international money transfers to over 200 countries and territories via the global MoneyGram network.<\/p>\n<p>With this integration, tiqmo customers will gain access to more than five billion digital endpoints and over 480,000 MoneyGram locations worldwide, supporting send and receive options in over 120 currencies. Additionally, tiqmo provides a range of international financial services including bank account transfers, digital wallet transfers, cash pick-up, bill payments and mobile top-ups.<\/p>\n<p>tiqmo is one of the fastest-growing apps in Saudi Arabia, licensed by the Saudi Central Bank. Since its launch in 2024, tiqmo has rapidly established itself as a leading digital wallet in Saudi Arabia, and across the Middle East and North Africa (MENA) region. Trusted by millions of users, tiqmo selected MoneyGram as its cross-border payments partner due to the breadth of its extensive global reach, trusted infrastructure and strong footprint in Saudi Arabia \u2013 one of the world\u2019s largest remittance markets.<\/p>\n<p>\u201cWe believe that our partnership with MoneyGram will strengthen tiqmo\u2019s portfolio of international financial services and connect our customers with a payment brand known around the world,\u201d said <strong>Abdulaziz Al Ajlan, Managing Director at tiqmo<\/strong>. \u201cIn line with Vision 2030 and the Kingdom\u2019s digital transformation objectives and in pursuit of our goal to redefine digital financial services, we are delighted to welcome MoneyGram into our world-class digital payments ecosystem for the MENA financial services and marketplace.\u201d<\/p>\n<p>\u201cThis partnership reflects MoneyGram\u2019s leadership in enabling digital cross-border payments and advancing financial inclusion across the region,\u201d\u00a0said <strong>Ahmed Aly, Head of Middle East, South Asia &amp; Asia Pacific at MoneyGram<\/strong>.\u00a0\u201cBy expanding our digital network through this collaboration with tiqmo- one of the Kingdom\u2019s most innovative and fast-growing wallets- we are reinforcing our role as a key enabler of remittance innovation and supporting Saudi Arabia\u2019s Vision 2030 towards a more inclusive and digital empowered financial ecosystem.\u201d<\/p>\n<p>According to the World Bank, Saudi Arabia was the second-largest sender of remittances in 2022, with over $39 billion flowing abroad. This new service is expected to benefit customers sending money to top recipient countries, such as India, Pakistan, Bangladesh, the Philippines, Egypt, Indonesia and Nepal.<\/p>\n","protected":false},"author":35621,"featured_media":551073,"parent":0,"template":"","categories":[11395],"tags":[42676,11864,12421,21391,16136,13649,13725,23419,42741],"class_list":["post-568545","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","tag-a2a-payment","tag-apac","tag-egypt","tag-fintech-news","tag-mena","tag-moneygram","tag-saudi-arabia","tag-saudi-vision-2030","tag-tiqmo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MoneyGram and tiqmo partner to boost cross-border remittances from Saudi Arabia<\/title>\n<meta name=\"description\" content=\"With this integration, tiqmo customers will gain access to more than five billion digital endpoints and over 480,000 MoneyGram locations\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/moneygram-and-tiqmo-partner-to-boost-cross-border-remittances-from-saudi-arabia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MoneyGram and tiqmo partner to boost cross-border remittances from Saudi Arabia\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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