Denarii transformed accounting by automating Accounts Payable and B2B Payments for small and mid-sized companies. The AP solution, Denarii Pay, was designed to help businesses transform accounts payable from a source of inefficiency and liability to a secure and strategic profit center that provides visibility into key cost drivers.
In July 2022, Careem announced the acquisition of the assets of Denarii, to connect Customers and Captains with remittance services provided by licensed providers. Careem already has a large presence in countries connecting some of the most active remittance corridors in the world, such as the UAE, KSA and Pakistan.
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