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Articleempowch.com1y ago

Shaheen’s Roadmap and Empowch’s Mission for Financial Inclusion

Shaheen, a UAE-based fintech app built on blockchain, launches to serve unbanked populations across the Middle East, Africa, and Asia with cross-border payments, multi-currency wallets, and financial inclusion tools. Parent organization Empowch expands globally with API solutions for NGOs and financial institutions.

Financial InclusionFintechPayments
Lumen Loop's take

Shaheen is a consumer-focused fintech app launching from the UAE to address cross-border financial needs in the Middle East, Africa, and Asia. The platform features self-custody wallets, multi-currency support including USDC, EURC, XRP, and XLM, interoperable payment technology connecting bank rails and blockchain networks, peer-to-peer transactions, and a marketplace for services like airline bookings and insurance. Built on blockchain technology, Shaheen aims to integrate unbanked populations into the digital economy without traditional banking intermediaries. Parent organization Empowch, based in Washington DC, will provide API solutions globally to NGOs, banks, and governments seeking to deliver affordable, instant payment solutions to underserved communities.

Mentioned projects
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EmpowchApplications
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Software WalletUnbankedMobile

Offering a mobile wallet to the unbanked the MENA region by connecting them with family members abroad.

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