User:MTanveer512/sandbox

• Comment: None of the sources contribute towards notability per WP:NCORP.
  I can't help wondering where some of the information here is coming from, because it doesn't seem to be coming from the sources cited. DoubleGrazing (talk) 18:18, 1 April 2024 (UTC)

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ACE Money Transfer

ACE Money Transfer (Aftab Currency Exchange Ltd. as its registered name) is a global fintech regulated by the Financial Conduct Authority (FCA) and HMRC in the UK, AUSTRAC in Australia, and FINTRAC in Canada that offers digital remittance to individuals. Founded in 2002^[1], the company has since expanded its operations to provide remittance services to over 1.3 million customers across the world. While celebrating its 20th Anniversary, the company achieved a landmark of $1 billion in remittances in 2022^[2].

Remittances for developing and underdeveloped countries serve as a lifeline for millions of households^[3]. ACE’s partnerships with numerous banks and financial institutions worldwide enable efficient, convenient, safe and economical remittance solutions for such users. Over time, the company has established regional offices, local partners, and customer support centers in key markets to ensure smooth operations^[4].

Their remittance network allows online money transfers from 28 countries and regions across the UK, European Union, Australia, Canada, and Switzerland to more than 100 countries across Asia, the Middle East, Africa, the Americas, and Europe, with an extensive network of more than 375,000 payout partner locations worldwide.

History

Starting from an office in Bolton, Manchester, in 2002, ACE has grown over the years to become a prominent player in the cross-border money transfer industry. With remittance services from the UK, Europe, Canada, Australia, and Switzerland to over 100 countries worldwide.

ACE Money Transfer - History Timeline

Year	Key Milestones/ Achievements
2002	First Physical Location in Bolton, Manchester, United Kingdom
2009	Registered as an MSB (Money Service Business) under the name of Aftab Currency Exchange Limited
2010	Started agent services across the United Kingdom Established a Liaison office in Pakistan
2011	Started agent services in Italy, Portugal, Norway, Denmark, and Ireland
2012	Started agent services in Greece, Spain, France, Germany, and the Netherlands
2013	Started Agent Services in Sweden
2014	Launched the Website to facilitate Digital Remittance Services across the UK & Europe
2017	Launched a Mobile App available on Google Play Store & Apple Store to fast-track the digital transformation process
2018	Established an office in Austria to expand its agent Network across Europe Rebranded from Aftab Currency Exchange Limited to ACE Money Transfer Partnered with Checkout.com.[5]
2019	Online business gains traction, as more than one in every three customers used a digital channel to remit money
2020	Annual remittance volumes crossed $ 1 billion Extended the payout network beyond 100 countries across Africa, Europe, Asia and South America Total Payout Locations crossed 350,000
2021	The digital transformation project was completed as the website and the mobile app became the only channels to remit money from 23 countries to over 100 countries. The company added Australia, Canada and Poland to the sending countries, bringing the total up to 26.
2022	Added Switzerland and Romania to sending countries, bringing the total up to 28 Annual remittance volumes crossed $ 1 billion once again.
2023	Started services in China, South Africa, Egypt, and Indonesia
2024	Became the customers’ top choice, testified by the UK Business Award in the Best Fintech App Category.

Services

ACE Money Transfer offers a wide range of services, including online money transfers, mobile wallet transfers, airtime top-ups, and bill payments. Customers can send money using various payout methods, such as bank deposits, cash pickups, and mobile wallet deposits. The mobile app and website allow users to initiate transactions anytime, anywhere, with a user-friendly interface and real-time tracking capabilities.

Online Money Transfer:

Customers can send money directly to a recipient's bank account or for instant cash pickup at one of ACE Money Transfer’s partner locations using their bank account, credit card, or debit card. Google Pay & Apple Pay are also available to remit money to a select few countries.

Mobile Wallet:

It enables customers to send money to recipients’ mobile wallets instantly. It enables the recipients to avoid visiting any physical location and receive funds right in the middle of their comfort zones.

Airtime Top-Up:

Expatriates can share instant mobile Top-Ups with their loved ones from overseas using ACE’s services. Recharging their families and friends’ mobile plans from across borders enables expatriates to stay connected with their loved ones.

Bill Payment:

Customers can also use ACE Money Transfer to pay bills for their families in their home country. This option is available in many countries worldwide and covers various bill payment categories, such as electricity, water, and internet bills.

Multiple Currencies

The availability of various currencies makes remittance transfers convenient for expatriates. The currencies available when using ACE include:

Caption text

COUNTRY	CURRENCY	COUNTRY	CURRENCY
Australia	Australian Dollar (A$, AUD)	Lithuania	Euro (€)
Austria	Euro (€)	Luxembourg	Euro (€)
Belgium	Euro (€)	Malta	Euro (€)
Canada	Canadian Dollar (C$, CAD)	Netherlands	Euro (€)
Cyprus	Euro (€)	Norway	Norwegian Krone (Kr)
Denmark	Danish Krone (Kr.)	Poland	Polish złoty (zł)
Estonia	Euro (€)	Portugal	Euro (€)
Finland	Euro (€)	Romania	Romanian leu (RON)
France	Euro (€)	Slovakia	Euro (€)
Germany	Euro (€)	Slovenia	Euro (€)
Greece	Euro (€)	Spain	Euro (€)
Ireland	Euro (€)	Sweden	Swedish Krona (Kr)
Italy	Euro (€)	Switzerland	Swiss Franc (CHF)
Latvia	Euro (€)	United Kingdom	British Pound Sterling (GBP, £)

Awards and Recognition

AWARD - Best FinTech App Award 2024 - The UK Business Award

ACE Money Transfer won the Best Fintech App Award 2024 in the UK Business Award list for the year 2024. The award signifies the top-quality user experience in ACE’s mobile app and testifies to its ability to thrive in a competitive market. The UK Business Awards 2024^[6] announced 50 awards in 50 different business categories, where it picked only the industry-leading brands serving their clientele and customers with the best solutions.

RECOGNITION - Febe Growth 100 Companies (2022)

ACE Money Transfer ranked 45th in the Febe Growth 100 Companies list for the year 2022. The award signifies ACE’s growth trajectory and its ability to thrive in a competitive market. The Febe Growth 100 Companies^[7] list showcases organizations that have demonstrated remarkable growth rates, innovative business strategies, and exceptional financial performance.

RECOGNITION - North West Fastest 50 Companies (2022)

In 2022, ACE Money Transfer was recognized as one of the top 10 North West Fastest 50 Companies. This regional ranking marks ACE’s speed of growth and success in the industry—the North West Fastest 50 Companies^[8].

RECOGNITION - Enlistment in 15 DYNAMIC COMPANIES CHANGING THE GAME - FINANCE MAGAZINE

ACE Money Transfer was enlisted as one of the top 15 Dynamic Companies Changing the Game by the Finance Magazine. The enlistment speaks volumes about ACE Money Transfer’s continued expansion and the service quality that it delivers to its customers^[9].