THE MIDDLE EAST’S

21. ONE Cash

Description: Mobile money solutions
Headquarters: Yemen
Date of Establishment: 2018
Founders: Ahmed N. Hayel Saeed, Mohamed N. Hayel Saeed

ONE Cash provides mobile payment and money transfer services to individuals and businesses across Yemen. With more than 200,000 active customers and 800 corporates on board, ONE Cash facilitated 3.2 million transactions worth $1.6 billion in 2023. Its app had been downloaded over 600,000 times as of December 2023. ONE Cash has a network of more than 14,000 retail outlets. It is owned by the Hayel Saeed Anam Group (HSA Group). The company was established in 2018 but launched in December 2022.