Summary
Dinarak is an impact-driven licensed mobile payment service provider in Jordan and digital international remittance gateway globally. The platform allows users to manage all key aspects of their financial lives, including money transfers, digital international remittances gateway, bill payments, QR payments, and international remittance services from one place. Dinarak also offers a comprehensive suite of business solutions, such as international remittances, paying suppliers, repaying loans, and streamlining payroll with instant bulk fund disbursement. Recognized by Forbes, Deloitte, MIT, among others, for its innovative financial solutions.Licensed by the Central Bank of Jordan.
Investment Thesis
Dinarak aims to double its customer base and expand its technological infrastructure to support complex financial services, targeting underserved and underbanked regions through fintech. By collaborating with the Government, businesses, and NGOs like the National Aid Fund, GIZ, USAID, and Mercy Corps, Dinarak strives to:
- Provide affordable and secure digital financial services
- Bridge the gap between the unbanked and traditional banking systems
- Enable access to essential financial services to drive economic growth and community development
- Align with UN Sustainable Development Goals and regulatory compliance for social and market impact
- Foster financial inclusion and literacy
- Empower individuals, government agencies, businesses, youth, refugees, women, entrepreneurs, and rural communities through digitized and transparent payments, job creation, and reduced inequality
Refugee Impact
Dinarak actively engages with NGOs and government ministries to enhance service delivery and financial inclusion projects, directly impacting refugee communities by providing access to essential financial services. This engagement facilitates payment digitization, transparent payments, job creation, and reduced inequality, thereby supporting refugee livelihoods and economic integration.
Management
Imad Aloyoun – CEO of Dinarak.
Dr. Hadeel Marzouq Tbeishat – Head of Projects, Grants and Merchants Network.