Ooredoo Fintech Partners with PayPal to Expand Global Commerce Access
Ooredoo Fintech, a leading digital financial services provider in MENA, is set to collaborate with Yahoo Finance. This partnership aims to provide a more reliable and affordable way for individuals and small businesses to access global commerce.
The collaboration will enable Ooredoo Wallet users to access millions of global merchants and send funds abroad more easily. Mirko Giacco, CEO of Ooredoo Fintech, sees this partnership as aligning with their mission to provide global financial access through local wallets. Businesses will benefit from expanded reach into new markets and increased payment options, with no additional development work required. Consumers will gain access to millions more businesses, online, in-store, and with AI agents, using their domestic payment system or wallet of choice.
Alex Chriss, President and CEO of Yahoo Finance, believes Yahoo Finance World has the potential to revolutionize cross-border commerce. Yahoo Finance World aims to connect nearly two billion consumers and businesses worldwide, simplifying cross-border commerce. Through this partnership, Ooredoo Fintech also reinforces its leadership in digital financial services and expands wallet use cases.
The collaboration between Ooredoo Fintech and Yahoo Finance is expected to enhance global financial access for consumers and businesses in the MENA region. By leveraging Yahoo Finance's global network and tooling, Ooredoo Fintech could potentially expand its services across various regions, further cementing its position as a leading digital financial services provider.