& E International CEO: 1.5 million subscribers in the application "E and Moni"
Abu Dhabi, February 13/ WAM/ Khalifa Al Shamsi, CEO of & E International, said that “E and Moni”, an electronic portfolio company that managed to attract more than 1.5 million subscribers through its digital application since its launch two years ago in addition to issuing a million digital and realistic cards distributed to the subscribers .
Al -Shamsi added in statements to Emirates News Agency “WAM” on the sidelines of the activities of the third day of the World Government Summit 2025 that the first stage of “E and Moni” focused on payments, whether they were local payments from person to person or payments for sales points scattered at the level and abroad in addition to transfers International.
He pointed out that the “E and Moni” focus on international transfers came because the UAE is the second largest country in the world after the United States to transfer money outside the country, due to the rule of population diversity and economic openness.
He added that the volume of financial transfers via “E and Moni” grew by three times in addition to continuing the spread, noting that the company aims to launch financing services for the so -called micro Finanas “simple loans for subscribers” with a value of 5 thousand dirhams.
He explained that “E and Moni” will hold all applications submitted to obtain loans from the side of the payment and collection, and accordingly, a small loan will be approved between “200 to 5 thousand dirhams”.
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