Overview

Denarii (Acquired by Careem)

Information by Research TrustFinance

https://www.denarii.com/

Founded in 2018, Denarii was a financial technology company headquartered in Dubai that focused on providing digital financial services for migrant workers. Its primary product was a mobile wallet that enabled users to manage their finances and perform cross-border remittances easily and at a lower cost than traditional services. The platform initially targeted overseas Filipino workers in the UAE before expanding its services. In July 2022, Denarii was acquired by the regional super-app Careem. The Denarii team and its underlying technology were integrated into Careem Pay to enhance and expand its international remittance and digital payment capabilities.

Founded in
United Arab Emirates

United Arab Emirates


Industry

    Financial

  • Electronic PaymentPRIMARY
  • Other Service