UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, announced on Tuesday it has rebranded to Unimoni as it seeks to expand its brand network and introduce more products and services in Tanzania.
The company reported that this rebranding in Tanzania, in line with Unimoni’s Africa growth strategy announced in July 2018, reflects its aspirations to strengthen its presence and provide a broader spectrum of innovative financial services to its customers. Markets including Kenya, Botswana, Rwanda, Seychelles, Uganda, and Zambia has already been rebranded as Unimoni. Pradeep Kumar, CEO of Unimoni and UAE Exchange, further explained:
“The launch of Unimoni in Tanzania will further boost our efforts towards creating seamless and connected financial service experiences for our customers in the continent. Our global strategy revolves around promoting sustainable development and inclusive growth in all markets where we operate by developing services and products designed around the needs of our customers. While we continue to expand our network presence in Tanzania, we will also work towards strengthening our digital capabilities.”
Allen Semboze, Regional Head, Unimoni Africa, also stated:
“With respect to our growth strategy for Africa, Tanzania is an important market for us. Just like in other African markets, we are working on developing innovative technology-led products and collaborating with ecosystem partners to offer more value to our customers.”
Unimoni is part of Finablr, a global platform for Payments and Foreign Exchange solutions.