Launching a Wallet in the Middle East

Jeff Forkan
1 min readOct 11, 2021

https://headlessbanking.substack.com/p/launching-a-wallet-in-the-middle

We branch out in this episode and learn how to launch a digital wallet in EMEA. I really enjoyed speaking with, Jon Edward Santillan, CEO of Denarii, and gaining insight into how fintech works in the Middle East & Asia. Denarii Cash enables money transfer using a mobile wallet to help overseas workers to send money home with zero fees.

Jon built Denarii Cash in the UAE. He quickly realized he was going to need multiple banks and payment service providers to make the product work the way he wanted. This is something that most fintechs realize pretty quickly once they get past the first 12 months, the same thing goes for US fintech firms.

From this experience, Jon saw an opportunity to build a Banking/Remittance as a Service solution for other companies looking to launch a wallet in EMEA or transfer funds globally. If you’re looking to launch a wallet to customers in EMEA you should get in touch with Jon.

I hope you enjoy it!

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Jeff Forkan

Fintech enthusiast trying to learn and help others understand the evolution banking as a service platforms.