Remitly wins UAE central bank stored value facilities license

Remitly Global, Inc.

Remitly Global, Inc.

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  • Remitly won a Stored Value Facilities license with Exchange Business Category IV from the Central Bank of the UAE.
  • The authorization expands its regulated footprint in a major remittance market estimated at about $50 billion in annual cross-border flows.
  • The license enables new products tailored for UAE customers.


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