Riyadh - Sharikat Mubasher: The Riyadh-based mobile payment service provider, tiqmo, forged a strategic partnership with MoneyGram, a leading global payments network for consumers, to enhance cross-border money movement.

Through this partnership, tiqmo users across the Kingdom will be able to send international money transfers to over 200 countries and territories via the global MoneyGram network, the company announced in a press release today.

tiqmo customers will also access more than five billion digital endpoints and over 480,000 MoneyGram locations worldwide, supporting send and receive options in over 120 currencies.

Abdulaziz Al Ajlan, Managing Director at tiqmo, stated that the partnership with MoneyGram will solidify the company’s portfolio of international financial services and connect tiqmo’s customers with a payment brand known worldwide.

For his part, Ahmed Aly, Head of Middle East, South Asia, and Asia Pacific at MoneyGram, commented: “This partnership reflects MoneyGram’s leadership in enabling digital cross-border payments and advancing financial inclusion across the region.”

He highlighted that the collaboration with tiqmo reinforces MoneyGram’s role as a key enabler of remittance innovation and supports Saudi Arabia’s Vision 2030 towards a more inclusive and digitally empowered financial ecosystem

tiqmo, a subsidiary of Ajlan & Bros Holding Company, provides a range of international financial services, including bank account transfers, digital wallet transfers, cash pick-up, bill payments, and mobile top-ups. Its application is dedicated to building a world-class digital payments ecosystem that empowers consumers with enhanced digital experiences, putting their financial futures firmly in their hands.