Rank: 10
LuLu Money
Date of Establishment: 2017
Description: Remittances and money transfer
Owner: LuLu International Exchange
Country: U.A.E
Managing Director: Adeeb Ahamed
The LuLu Money app was downloaded more than 890,000 times and processed 825,000 transactions in 2020 worth more than $730 million. Recently, the app introduced an e-wallet for expats from the Philippines. It also enables WPS salary cards as a payment option for remittances. It launched the payroll management card, “My Pay My Card,” in partnership with the First Abu Dhabi Bank, through which users can make transactions with no bank account needed.