Gulf Business: Adyen has expanded its long-standing partnership with Careem Pay to support the scaling of its remittance services from the UAE to global markets.

The collaboration builds on more than eight years of partnership and is aimed at strengthening Careem Pay’s international money transfer capabilities across Europe, the Middle East, South Asia and other key corridors.

Under the expanded agreement, Adyen will provide integrated payments infrastructure to enhance performance, reliability and scalability as Careem Pay grows its remittance business.

A key component of the partnership includes unified settlement and streamlined reporting through a consolidated framework, designed to improve operational efficiency and increase transparency across transactions.

The platform will also support higher payment conversion and authorisation rates, underpinned by a secure and scalable infrastructure.

Daumantas Grigaravicius, head of Middle East at Adyen, said: “Careem Pay is a strategic growth area for Careem and supporting it is a natural step forward in our partnership. As remittances in the UAE continue to shift from physical to digital channels, our single platform helps reduce operational complexity, while delivering smooth, reliable payment experiences that strengthen long-term customer relationships and support Careem Pay’s continued expansion.”

Mohammad El Saadi, vice president at Careem Pay, said: “At Careem Pay, our mission is to simplify financial services and provide a fairer, more transparent way for people to manage their money. We recognize that we operate in an incredibly innovative and competitive ecosystem here in the UAE, which pushes us to keep improving every day. By deepening our partnership with Adyen, we’re ensuring our remittance service stays fast and reliable as we expand globally. We know our customers trust us with what matters most – supporting their families, so we’re committed to keeping every transfer easy, affordable and seamless.”

Careem Pay currently enables international transfers from the UAE to more than 35 countries via the Careem app, with services provided in partnership with Lulu Exchange, licensed by the Central Bank of the UAE.

The expansion reflects growing demand for digital remittance solutions in the UAE, as consumers shift towards faster, more transparent and app-based financial services.