WASCASH Strengthens MENA Presence with Launch of Subsidiary in Jordan

Washington DC, 7th March 2024 – WASCASH, the innovative fintech company dedicated to revolutionizing financial transactions, proudly announces the establishment of a subsidiary in Jordan, marking a significant step forward in its strategic expansion into the MENA (Middle East and North Africa) region. This milestone underscores WASCASH's commitment to serving the diverse needs of businesses and individuals across the MENA market.

The launch of the subsidiary in Jordan is a strategic move for WASCASH as it seeks to bolster its presence and enhance its operations in the MENA region. Leveraging Jordan's strategic location, business-friendly environment, and skilled workforce, the subsidiary will serve as a key hub for WASCASH to cater to its growing customer base and drive innovation in the region.

"We are thrilled to announce the launch of our subsidiary in Jordan, which represents a significant milestone in our expansion strategy in the MENA region," said Wael Quader, CEO, and Co-Founder of WASCASH. "Jordan offers a conducive business environment and a wealth of talent that will enable us to strengthen our operations and better serve our customers across the region. We are confident that this expansion will accelerate our growth and solidify our position as a leading fintech company in the MENA market.”

The new subsidiary in Jordan will play a pivotal role in facilitating WASCASH's operations in the MENA region, enabling the delivery of innovative financial solutions tailored to the specific needs of businesses and individuals in the region. By establishing a local presence, WASCASH aims to leverage local expertise, talent, and partnerships to drive its growth and expand its footprint in the MENA market.

"We see tremendous potential in the MENA region, and the launch of our subsidiary in Jordan underscores our commitment to unlocking this potential and delivering value to our

customers across the region," said Ziad Yamak, CBO, and Co-Founder of WASCASH. "With our subsidiary in Jordan, we are well-positioned to capitalize on the opportunities in the MENA market and further strengthen our position as a trusted partner for financial transactions."

The launch of the subsidiary in Jordan marks an important milestone in WASCASH's journey towards reshaping the future of financial transactions in the MENA region. With its innovative solutions and strategic expansion initiatives, WASCASH is poised to drive positive change and empower businesses and individuals across the region.

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