Intermex and Zeepay Form Partnership to Expand Money Transfer Services to Africa

Intermex Money Express and Zeepay have partnered to expand money transfer services to Africa. The collaboration will utilize Intermex's Wire-as-a-Service platform to serve African communities abroad, starting with those living in the US. Zeepay's trusted regional network will be integrated with Intermex's technology to provide a seamless and secure money transfer experience.

International Money Express, Inc. (NASDAQ: IMXI), a leading money remittance provider to Latin America and the Caribbean, has announced a strategic partnership with Zeepay, a rapidly growing fintech focused on Africa. The collaboration aims to leverage Intermex’s Wire-as-a-Service platform to better serve African communities abroad, starting with those living in the United States.

By combining Intermex’s technology with Zeepay’s trusted regional network, the partnership will enable money transfers and related services across Africa. Additionally, it will expand into Zeepay’s dedicated retail stores in the U.S. and digital channels serving Africans in Europe. This strategic move underscores Intermex’s commitment to providing secure, convenient, and affordable services to underserved communities worldwide.

Marcelo Theodoro, Chief Product, Marketing, and Digital Officer at Intermex, commented, “This partnership with Zeepay is another milestone in our mission to expand Intermex’s global footprint and deliver world-class services to Africans living in the United States and Europe. By pairing our Wire-as-a-Service platform with Zeepay’s local expertise, we are unlocking new opportunities for growth while continuing to diversify our business.”

Andrew Takyi-Appiah, Director at Zeepay, echoed this vision: “Partnering with Intermex allows us to strengthen our mission of making cross-border payments seamless for Africans everywhere. Together, we will connect families, empower businesses, and advance financial inclusion by offering money transfer services through an omnichannel platform that combines both digital and in-person experiences.”

As part of the sponsorship arrangement, Zeepay will lead Intermex’s Africa business in partnership with the brand. This marks another step forward in Intermex’s global diversification strategy and underscores the company’s commitment to providing secure, convenient, and affordable services to underserved communities worldwide.

References:
[1] https://finance.yahoo.com/news/intermex-zeepay-announce-strategic-partnership-120000454.html
[2] https://www.marketscreener.com/news/intermex-and-zeepay-announce-strategic-partnership-to-expand-money-transfer-services-to-africa-ce7c50d9db89f42c
[3] https://seekingalpha.com/news/4489134-intermex-money-express-and-zeepay-partner-to-expand-money-transfer-services-to-africa