Fintech startup Yalla Xash raises US$675,000 to extend its services to other countries

MOROCCO – Yalla Xash, a fintech startup has raised MAD6 million (US$675,000) from Maroc Numeric Fund II to extend its services to other countries in the coming months. Yalla Xash is a multicultural company operating in the US, Canada and Morocco, providing Moroccans abroad with money transfer solutions through an app to their homeland. The technology and logistics developed by Yalla Xash aim to facilitate transfer operations, increase speed, guarantee confidentiality, ensure security and reduce costs. Yalla Xash solution is centred on the two main actors, sender and receiver, at…

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