ACE Money Transfer CEO Rashid Ashraf highlights how remittances strengthen families, economies, and communities worldwide
Tuesday,04/11/2025|09:31GMTby
ACE Money Transfer
ACE Money Transfer CEO: Remittances are vital lifelines strengthening families & economies globally
London, Uniited Kingdom, November 4th, 2025, FinanceWire
Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world. For millions of expatriates living and working across the UK and Europe, every transaction represents love, responsibility, and connection. ACE Money Transfer today reaffirmed its commitment to strengthening its European operations, reinforcing its mission to make global remittances faster, safer, and more human.
This initiative reflects ACE’s commitment to combining innovation with empathy, turning remittances into the invisible bridges that create lasting opportunities for families worldwide.
“When we send money, we don’t just send currency; we send love, education, and opportunity across borders,” says Rashid Ashraf, CEO of ACE Money Transfer. “With our growing European network, we’re strengthening this invisible bridge that keeps families united, even when separated by distance.”
A Vital Role in the European Economy
The UK and the European Union remain among the largest remittance-sending regions in the world, contributing an estimated USD 63 billion annually. Migrant workers across the region play a dual role in strengthening host economies while supporting their homelands through regular remittances that uplift millions of lives.
Ashraf notes, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.” He is actively focused on expanding ACE’s European presence and partnerships to further facilitate secure and affordable cross-border transfers.
ACE Money Transfer: Trusted, Transparent, and Global
Headquartered in the UK and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries, providing fast, secure, and affordable cross-border transfers.
Since 2002, ACE has served millions of customers across Europe, Australia, Canada, and the Gulf, using cutting edge digital platforms to simplify the remittance experience. The company’s AI-driven technology ensures compliance, security, and real time transparency.
Innovation with a Human Purpose
Ashraf emphasizes that technology should empower people, not replace them. “By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.”
Looking ahead, ACE aims to expand its global reach, strengthen partnerships, and launch community driven initiatives that turn remittances into long-term opportunities for growth.
About ACE Money Transfer
ACE Money Transfer https://acemoneytransfer.com/ is a global remittance provider regulated by the UK’s Financial Conduct Authority (FCA). Since 2002, it has grown into a trusted name for millions of customers worldwide, enabling people to send money securely, quickly, and at low cost to support their families and communities back home.
The company operates under strong regulatory oversight, authorised as a Payment Institution by the FCA in the UK, licensed by the Central Bank of Ireland, regulated by the Polish Financial Supervision Authority (KNF), and registered with AUSTRAC in Australia. With operations spanning dozens of sending countries and over a hundred receiving destinations, ACE continues to expand its global reach while keeping customer convenience, transparency, and innovation at the heart of its services.
By combining compliance with care, ACE is committed to strengthening connections across borders and empowering expatriates and migrant communities around the world.
Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world. For millions of expatriates living and working across the UK and Europe, every transaction represents love, responsibility, and connection. ACE Money Transfer today reaffirmed its commitment to strengthening its European operations, reinforcing its mission to make global remittances faster, safer, and more human.
This initiative reflects ACE’s commitment to combining innovation with empathy, turning remittances into the invisible bridges that create lasting opportunities for families worldwide.
“When we send money, we don’t just send currency; we send love, education, and opportunity across borders,” says Rashid Ashraf, CEO of ACE Money Transfer. “With our growing European network, we’re strengthening this invisible bridge that keeps families united, even when separated by distance.”
A Vital Role in the European Economy
The UK and the European Union remain among the largest remittance-sending regions in the world, contributing an estimated USD 63 billion annually. Migrant workers across the region play a dual role in strengthening host economies while supporting their homelands through regular remittances that uplift millions of lives.
Ashraf notes, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.” He is actively focused on expanding ACE’s European presence and partnerships to further facilitate secure and affordable cross-border transfers.
ACE Money Transfer: Trusted, Transparent, and Global
Headquartered in the UK and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries, providing fast, secure, and affordable cross-border transfers.
Since 2002, ACE has served millions of customers across Europe, Australia, Canada, and the Gulf, using cutting edge digital platforms to simplify the remittance experience. The company’s AI-driven technology ensures compliance, security, and real time transparency.
Innovation with a Human Purpose
Ashraf emphasizes that technology should empower people, not replace them. “By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.”
Looking ahead, ACE aims to expand its global reach, strengthen partnerships, and launch community driven initiatives that turn remittances into long-term opportunities for growth.
About ACE Money Transfer
ACE Money Transfer https://acemoneytransfer.com/ is a global remittance provider regulated by the UK’s Financial Conduct Authority (FCA). Since 2002, it has grown into a trusted name for millions of customers worldwide, enabling people to send money securely, quickly, and at low cost to support their families and communities back home.
The company operates under strong regulatory oversight, authorised as a Payment Institution by the FCA in the UK, licensed by the Central Bank of Ireland, regulated by the Polish Financial Supervision Authority (KNF), and registered with AUSTRAC in Australia. With operations spanning dozens of sending countries and over a hundred receiving destinations, ACE continues to expand its global reach while keeping customer convenience, transparency, and innovation at the heart of its services.
By combining compliance with care, ACE is committed to strengthening connections across borders and empowering expatriates and migrant communities around the world.
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We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
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Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
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#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
