UAE Exchange is Now 'Unimoni' in Canada

Edmonton, 01 August 2018: UAE Exchange, a leading global money transfer, foreign currency exchange and payment solutions brand, announced today that it has rebranded its Canada operations as “Unimoni”. With this, Canada is brought into the folds of the Unimoni global network, following similar announcements across markets in APAC, Middle East, Africa and India.

Unimoni, coined from ‘Universal Money’, aims to empower its customers with a wide array of innovative financial services that transcend geographies, currencies and channels. The brand seeks to enable customers to seamlessly move money wherever it needs to be, in the most time- and cost-efficient manner.

Unimoni Canada Operations

Unimoni Canada

Commenting on the launch of Unimoni in Canada, Rajesh Pazhassi Veettil, Country Head, Unimoni Canada, said, "Our current businesses in foreign currency exchange and remittances serve many local and expatriate communities living here. Now with Unimoni, we have robust growth plans in place to strengthen our brand presence and offerings across the country. To support our ambitions in Canada and in line with our group’s global vision, we are actively pursuing opportunities to provide new and innovative technology-led financial solutions and digital services to our customers in the country and help them to achieve their financial ambitions."

Currently, Unimoni Canada offers money transfer and foreign currency exchange services through retail and online channels that include Remit2India. The brand also engages customers through its dedicated team of ‘Mobile Money Transfer Advisers’, going the extra mile to help customers enjoy an enriching experience wherever they are.

The rebranding exercise follows an earlier announcement made by noted UAE-based businessman and philanthropist, Dr. Bavaguthu Raghuram Shetty, Founder and Chairman of the UAE Exchange Group. In April 2018, Dr. Shetty launched "Finablr", a holding company which, subject to regulatory approvals, brings together his portfolio of category-leading global financial services brands including Unimoni, UAE Exchange, Travelex, Xpress Money and Remit2India under one umbrella.