ACE Money Transfer, a leading global remittance company, has been honored with a prestigious award from the State Bank of Pakistan (SBP). The company was recognized as the fourth largest global fintech by remittance volumes to Pakistan at the 4th Pakistan Remittance Summit 2024, held in Rome, Italy.
This recognition underscores ACE Money Transfer’s significant contribution to Pakistan’s economy. The company has been instrumental in facilitating secure and efficient remittance transfers, enabling millions of overseas Pakistanis to support their families back home.
Pakistan remains a major recipient of remittances, and the increasing inflow of funds plays a crucial role in economic stability. By providing innovative and reliable remittance solutions, ACE Money Transfer has positioned itself as a key player in this sector.
Rashid Ashraf, CEO of ACE Money Transfer, expressed gratitude for the recognition and reiterated the company’s commitment to serving the needs of overseas Pakistanis. He emphasized the company’s dedication to leveraging technology to provide secure, efficient, and cost-effective remittance services.
“This prestigious award from the State Bank of Pakistan is a testament to supporting millions of Pakistani and other expats worldwide, helping them securely transfer funds home to ensure a prosperous life for their loved ones,” said Rashid Ashraf, CEO of ACE Money Transfer.
“We are committed to contributing more to Pakistan’s economy and providing innovative solutions to the whole world, bringing Pakistan to the center of the world through advanced technological remittance solutions.”
