ACE Money Transfer: A Global Fintech Leader Recognised By State Bank Of Pakistan For Outstanding Remittance Volumes To Pakistan

(MENAFN- PR Newswire)

MANCHESTER, England, Dec. 2, 2024 /PRNewswire/ -- ACE Money Transfer, a global leader in the remittance industry, has been recognized by the State bank of Pakistan (SBP) with a prestigious award for being Fourth Largest Global Fintech by Remittance Volumes to Pakistan, reaffirming its position as a key driver of Pakistan's remittance sectors. The award was presented at the 4th Pakistan Remittance Summit 2024 held in Rome, Italy, on 28th Nov 2024, attended by leading industry figures and global financial stakeholders.

Continue Reading

ACE Money Transfer: A Global Fintech Leader Recognised by State Bank of Pakistan for Outstanding Remittance Volumes to Pakistan

Being a global fintech, ACE Money Transfer has been at the forefront of promoting legal remittance channels and bolstering the country's economy through formal financial flows. This recognition from the State Bank of Pakistan highlights the company's expanding impact and its dedication to innovating secure, cost-effective, and efficient remittance solutions for millions of overseas Pakistanis.

Pakistan remains the world's fifth-largest recipient of remittances, with funds sent by expatriates playing a critical role in economic stability. Observing a substantial 24% increase, remittances to Pakistan reached $3.052bn in October 2024. ACE Money Transfer's innovative approach, powered by trust and technology, has established it as a vital enabler of these inflows, connecting families and driving progress.

"This prestigious award from the State Bank of Pakistan is a testament to supporting millions of Pakistani and other expats worldwide, helping them securely transfer funds home to ensure a prosperous life for their loved ones," said Rashid Ashraf, CEO of ACE Money Transfer. "We are committed to contributing more to Pakistan's economy and providing innovative solutions to the whole world, bringing Pakistan to the center of the world through advanced technological remittance solutions."

For more information, visit .

About ACE Money Transfer

ACE Money Transfer is a global fintech leader specializing in cross-border remittance services. With cutting-edge technology and a customer-first ethos, ACE empowers millions of Pakistanis across the globe to send money home securely and efficiently.

Media Contact:
[email protected]
+44 161 3936 999

Photo -
Logo -

SOURCE Ace Money Transfer

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE? 440k+
Newsrooms &
Influencers 9k+
Digital Media
Outlets 270k+
Journalists
Opted In GET STARTED

MENAFN02122024003732001241ID1108945668

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.