About UAE Exchange
UAE Exchange is a Financial Services company based in Abu Dhabi (United Arab Emirates) founded in 1980, and was acquired by Wizz Financial in September 2021. Global money transfer and foreign exchange services are provided worldwide. UAE Exchange has completed 1 acquisition, including Remit2India. The company was acqui-hired. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance.
Company details
UAE Exchange is a leading global money transfer and foreign exchange service provider. UAE Exchange has 7.9 million customers, worldwide, with more than 750 direct offices in 32 countries across five continents with banking relationship with over 150 global banks. UAE Exchange provides personal and corporate services, in remittances, travel tour cards , loyalty programs, bill payments , payroll solutions, corporate cash payouts. To transfer money, UAE Exchange offers various methods; direct to bank , DD deposit through Exchanges agents , instant money transfer;through its xpress money propriety, western union , money gram , nepal remit. UAE Exchange has also partnered with Visa ,Master card to provide service of money transfer directly to loved ones card.For the corporate remittance, services of direct to bank , DD and Associate Branch Transfer (ABT); instant money transfer facility, whereby transfer companys funds within UAE Exchanges branches and associates. UAE Exchange has propriety of UAE Exchange Travel offering tours and travel services.
- Headquarters Abu Dhabi, United Arab Emirates
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website uaeexchange.com
- Social LinkedIn Facebook
- Acquired by Wizz Financial (Sep 2021)
- Latest Funding Round$890M (USD), Debt – Conventional
Dec 2015
- Investors
- Investments & Acquisitions
- Acquired byWizz Financial
(Sep 2021)
Funding Insights of UAE Exchange
- Total Rounds 1
- Last Round Debt – Conventional — $890M
- First Round $890M
(Dec 2015)
All 1 funding rounds of UAE Exchange with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | $890M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in UAE Exchange
UAE Exchange has secured backing from 1 investor. Prominent investors backing the company include Wizz Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on multiple sectors | 2021 | wizzfinancial.com | Steinhausen, Switzerland |
Investor details for UAE Exchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by UAE Exchange
UAE Exchange has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Remit2India.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online money transfer service to India for NRIs | remit2india.com | Mumbai, India | 2001 | Oct 2016 | •••• |
Complete acquisition details for UAE Exchange
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of UAE Exchange
4 dated milestones of UAE Exchange across 41 years, from founding to its latest funding, stage changes and deals.
- Founded UAE Exchange is founded.
- Funding First funding round of $890.0M.
- Acquisition Acquires Remit2India.
- Exit Acquired by Wizz Financial.
Web traffic of UAE Exchange
Websites that share an audience with UAE Exchange (uaeexchange.com).
Websites whose visitors overlap most with UAE Exchange. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alansariexchange.com | 100% | 445.3K | #105,787 | View details | |
| xpressmoney.com | 100% | View details | |||
| alfardanexchange.com | 100% | 680.7K | #484,919 | View details | |
| alrostamaniexchange.com | 99% | #1,108,789 | View details | ||
uaeexchangeblog.com | uaeexchangeblog.com | 95% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for UAE Exchange
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- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Uae Exchange
Complete news archive for UAE Exchange
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- Older coverage
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Frequently Asked Questions about UAE Exchange
UAE Exchange was founded in 1980 and raised its 1st funding round 35 years after it was founded.
UAE Exchange is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
UAE Exchange is a leading global money transfer and foreign exchange service provider. UAE Exchange has 7.9 million customers, worldwide, with more than 750 direct offices in 32 countries across five continents with banking relationship with over 150 global banks. UAE Exchange provides personal and corporate services, in remittances, travel tour cards , loyalty programs, bill payments , payroll solutions, corporate cash payouts. To transfer money, UAE Exchange offers various methods; direct to bank , DD deposit through Exchanges agents , instant money transfer;through its xpress money propriety, western union , money gram , nepal remit. UAE Exchange has also partnered with Visa ,Master card to provide service of money transfer directly to loved ones card.For the corporate remittance, services of direct to bank , DD and Associate Branch Transfer (ABT); instant money transfer facility, whereby transfer companys funds within UAE Exchanges branches and associates. UAE Exchange has propriety of UAE Exchange Travel offering tours and travel services.
UAE Exchange has made 1 acquisition, including Remit2India.
UAE Exchange has 1 investor. Key investors include Wizz Financial.
Yes. UAE Exchange was acquired by Wizz Financial in September 2021.