THE MIDDLE EAST’S
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6. Iraq Wallet For Payment (ZainCash Iraq)
Description: E-payment platform
Headquarters: Iraq
Date of Establishment: 2015
Founder: Yazen Altimimi
Iraq Wallet offers current accounts, international and local money transfers, bill payments, cash-in/out, mobile recharge, and QR payments to individuals, SMEs, large enterprises, humanitarian agencies, and government entities. It has 1.2 million app downloads with a network of 10,000 agents in Iraq. The company also provides cash disbursement solutions to humanitarian agencies for beneficiaries. It has facilitated approximately $381.7 million in cash disbursements to UN entities. Owned by the U.A.E.-based company March Holding, it operates under the brand name of “ZainCash Iraq” through a partnership with Zain Group.