Made possible through a partnership between Cebuana Lhuillier and Nium, a global financial technology platform based in Singapore, Quikz will be powered by Nium’s trusted Remittance-as-a-service (RaaS) solution and Cebuana Lhuillier’s huge network of pay-out locations in the Philippines, allowing thousands of Filipinos based in Singapore to enjoy improved convenience, security, and real-time global transactions.
Yogesh Sangle, Executive Vice President and Global Head of Consumer and SME Business at Nium, said, “With millions of Filipinos living and working overseas for their loved ones back home, the convenience and transparency in remittance processes play such an essential role – especially with continued social distancing measures and lockdowns in place. We are extremely excited that Cebuana Lhuillier, a home-grown Filipino brand, shares a common goal with Nium, and we are proud to co-establish and power this new platform through our enhanced remittance capabilities.”
For Jean Henri Lhuillier, Cebuana Lhuillier President and CEO, the expansion of Quikz in Singapore heralded the company’s commitment to financial inclusion for every Filipino, regardless of their location.
“This new partnership with Nium strengthens our remittances services to ensure that Filipinos around the world have access to fast, reliable, and safe transactions,” he shared.