WizzFinancial Group, a prominent fintech platform offering various financial services such as local payments, cross-border remittance, foreign exchange, lending, and payment gateway solutions, has recently appointed Samir Vidhate as the Chief Executive Officer of Xpress Money, its B2B money services division. Xpress Money, based in the Abu Dhabi Global Market (ADGM) and regulated by the Financial Services Regulatory Authority (FSRA), plays a crucial role in WizzFinancial’s expanding cross-border payments and lending ecosystem. With this strategic appointment, WizzFinancial aims to strengthen its position in the industry and enhance its service offerings.
Samir Vidhate, with more than twenty years of experience in the cross-border payments and financial services sector, brings a wealth of knowledge to his new role. Having led global expansions and forged strong industry partnerships in the past, Vidhate is well-equipped to drive Xpress Money’s growth and success. His appointment signifies WizzFinancial’s commitment to delivering seamless, secure, and accessible financial services on a global scale. The company’s leadership is confident that under Vidhate’s guidance, Xpress Money will continue to innovate and excel in the cross-border remittance and instant live payments sectors.
Amir Nagammy, the Group Executive Chairman of WizzFinancial, expressed his confidence in Samir Vidhate’s abilities to lead Xpress Money towards greater success and innovation. Nagammy highlighted Vidhate’s extensive experience and strategic vision as key assets that will help the company achieve its goal of empowering underserved markets with reliable, technology-driven financial solutions. With Vidhate at the helm, Xpress Money is poised to expand its offerings and reach more customers in emerging markets, ultimately contributing to the financial prosperity of individuals and businesses worldwide.
Samir Vidhate conveyed his excitement about leading Xpress Money and expanding its service offerings to cater to a broader customer base in emerging markets. With WizzFinancial’s established global presence and strong commitment to financial inclusion, Vidhate believes that the company is well-positioned to provide critical financial services that support the prosperity of individuals and businesses alike. By leveraging WizzFinancial’s resources and expertise, Vidhate aims to drive growth and innovation within Xpress Money, ultimately making a positive impact on the financial landscape of underserved regions across the globe.
Overall, WizzFinancial’s appointment of Samir Vidhate as the CEO of Xpress Money signifies a strategic move to strengthen its presence in the cross-border payments and lending industry. With Vidhate’s extensive experience and leadership capabilities, Xpress Money is poised to expand its reach, innovate its service offerings, and drive financial inclusion in underserved markets globally. This strategic decision reflects WizzFinancial’s commitment to delivering reliable and technology-driven financial solutions that empower individuals and businesses to thrive in today’s interconnected world.
