– Addresses financial exclusion for the unbanked and for low-income audiences
– Reaches out to Gen Z and millennial clients dissatisfied with conventional banking
– Answers increased demand for contactless payments during Covid-19 pandemic
– Removes restrictions such as minimum balance requirements
DUBAI, UAE, May 21, 2020 /PRNewswire/ — Dubai-based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting with its home turf of the UAE. The neobank has been formulated in response to what digitally-native Gen Z and millennial audiences want from banking – such as responsive services, extremely low transfer fees, transparency and no restrictions such as minimum balance requirements.
Jingle Pay is the brainchild of Amir Fardghassemi, an ex-hedge fund manager and fintech startup founder; and Nadeem Hussein, founder