Dubai-headquartered Qashio, a prominent fintech innovator in spend management and corporate card solutions, has surpassed AED 1 billion in transaction volumes, transforming Dh 1 billion in cash spending into secure, traceable digital payments. This milestone, announced by the company in October, underscores Qashio’s role in setting a new standard in digital transaction management through cutting-edge technology and top-tier service.
In just two years, Qashio has rapidly grown its regional and global footprint. The company recently inaugurated a state-of-the-art office in Abu Dhabi, adding to its established offices in Riyadh and Europe. With ambitious plans for expansion across the GCC, Saudi Arabia, Europe, and the UK, Qashio is also targeting key Asian markets such as Singapore, Hong Kong, and Thailand, where it aims to replicate its success. Qashio’s impressive growth reflects the UAE’s emergence as a significant technology hub, demonstrating Dubai’s capability to nurture globally competitive enterprises.
Qashio has further bolstered its ecosystem through exclusive partnerships with renowned industry players, including Emirates, Landmark Group, ENOC, YallaCompare, and CredibleX. These collaborations empower local businesses and drive growth, enabling Qashio to offer enhanced services and broaden its reach.
“It’s been a privilege to support businesses in the UAE and contribute to their growth with Qashio,” said Armin Moradi, CEO of Qashio. “Our goal is to provide a global solution that aligns with the mission of shifting from cash transactions to digital, secure payments. As we continue expanding our partnership network, we are also growing our locally-based team to deliver exceptional support and innovative solutions for our clients.”
In celebration of this milestone, Qashio is launching a series of initiatives to reward its clients and foster community engagement. These initiatives, the company noted, are part of Qashio’s commitment to strengthening ties within the UAE and beyond as it continues to champion the shift to secure, digital financial solutions.
Source: Gulf News
