Economy Fintech / Digital Economy Maldives Impact 7.0/10 2 min read

Ooredoo Fintech Achieves Major Milestone: Inward Remittance License Approved by MMA

Ooredoo Fintech Maldives received an Inward Remittance License from the Maldives Monetary Authority, enabling direct international money transfers into m-Faisaa digital wallets. The license was presented by MMA Governor Ahmed Munawwar to Ooredoo Chairperson Fatima Al Kuwari and CEO Khalid Al-Hamadi. This aligns with the MMA's cash-lite economy vision. Ooredoo Maldives reported revenues of MVR 1.78 billion and profit of MVR 465 million as of December 2021.

Unverified positive

📊 Story at a Glance

T

Source

The Standard

Original

Visit source ↗

Published

Oct 15, 2025

Reading

2 min

Views

0

📋 Story Brief

Ooredoo Fintech Maldives received an Inward Remittance License from the Maldives Monetary Authority, enabling direct international money transfers into m-Faisaa digital wallets. The license was presented by MMA Governor Ahmed Munawwar to Ooredoo Chairperson Fatima Al Kuwari and CEO Khalid Al-Hamadi. This aligns with the MMA's cash-lite economy vision. Ooredoo Maldives reported revenues of MVR 1.78 billion and profit of MVR 465 million as of December 2021.

💡 Why It Matters

This story involves 1 source and may affect public understanding of fintech / digital economy.

⚖️ How Sources Compare

🔍 How Each Source Covered This

The Standard News Outlet Single source

Angle: Primary coverage

Focus: Ooredoo Fintech Achieves Major Milestone: Inward Remittance License Approved by MMA

Unique detail: Ooredoo Fintech Achieves Major Milestone: Inward Remittance ...

📅 Timeline

13:40

Initial report published

The Standard

👁️ What To Watch

1

Official government or institutional statement

2

Further reporting from additional sources

3

Public and social media reaction

4

Related policy or operational changes