Revolutionizing Remittances: Discover Zigi App from Intermex

Transforming Remittance Services with Zigi App

In a pioneering move, International Money Express, Inc. (NASDAQ: IMXI), known as Intermex, has teamed up with one of Guatemala’s most reputable banks, Banco Industrial, to launch the Zigi App. This innovative digital financial platform is set to redefine the way Guatemalans receive remittances. Now more than ever, convenience and security are at the forefront of this new service aimed at enhancing financial inclusion for families across the country.

A Seamless Digital Solution

The collaboration between Intermex and Banco Industrial introduces a transformative way for users to receive money from abroad. With the Zigi App, Guatemalans can access funds directly into their Zigi or Banco Industrial accounts using just their mobile phone number. This eliminates the need for traditional cash pickups and offers a purely digital experience, enhancing the convenience and speed of transactions.

Instant Access to Funds

The app allows recipients to receive money instantly, providing peace of mind and eliminating the hassle of visiting a bank branch or remembering intricate account details. With a focus on security, the Zigi App ensures that users can access their funds safely and efficiently, making it a welcome addition to the financial landscape for many families.

Empowering Financial Progress

The Zigi App is more than just a tool for sending and receiving money; it empowers users with comprehensive financial capabilities. Users can make payments, send transfers to others, save their funds, and even apply for digital credit products that contribute to building their financial history. This initiative represents a significant step toward connecting more individuals to formal financial services, enhancing their ability to participate in the economy effectively.

Comments from Leadership

Marcelo Theodoro, Chief Product, Marketing and Digital Officer at Intermex, emphasizes the importance of Zigi: "With Zigi, remittances become more than just a transfer. They become a connection between families and opportunity." This sentiment captures the essence of what the Zigi platform aims to achieve, showcasing a future where financial transactions lead to tangible growth and connection.

Zigi as a Gateway to Growth

Michel Caputi, CEO of Zigi and Head of Strategic Alliances at Banco Industrial, highlights Zigi's broader implications: "Zigi is not just a remittance tool; it is a gateway to financial progress." This partnership combines the trust of Banco Industrial with the innovative technology of Zigi, thereby empowering families to thrive by saving, paying, and building credit. Remittances are now evolving into opportunities for growth rather than mere transactions.

Strengthening Customer Trust

Claudio Guinac, Remittance Services Manager at Banco Industrial, notes that integrating Zigi enhances the overall customer experience. He states, "Integrating Zigi helps us create a seamless experience that strengthens customer trust." This integration not only aids in expanding Banco Industrial’s reach but also serves to bring more Guatemalans into the formal financial sector, bolstering the community as a whole.

Future Plans for Expansion

As the Zigi App rolls out, users in Guatemala can access promotional rates via the Amigo Paisano initiative. As months progress, Intermex, Banco Industrial, and Zigi are committed to further developing the platform. Through educational efforts and strategic alliances, they aim to enhance the program’s reach and promote long-term positive impacts on Guatemalan families.

About Intermex

Founded in 1994, Intermex (NASDAQ: IMXI) stands as a leader in money remittance services, facilitating transactions from various countries including the United States, Canada, and several European nations to over 60 countries globally. The company provides various digital money solutions through agent retailers, company-operated storefronts, and mobile applications. With thousands of transaction locations worldwide, Intermex plays a pivotal role in connecting people and enhancing financial mobility. For those interested, more about their services can be discovered on their website.

Intermex Contact

For more inquiries, please reach out to Alex Sadowski at IR@intermexusa.com.

Frequently Asked Questions

What is the Zigi App?

The Zigi App is a digital financial platform launched by Intermex and Banco Industrial allowing Guatemalans to receive remittances directly into their accounts using just a phone number.

How does Zigi improve the remittance process?

Zigi streamlines the process of receiving money by providing instant access to funds without needing to visit a bank, making it faster and more secure.

What features does the Zigi App offer?

Users can make payments, send transfers, save money, and apply for digital credit products through the app, promoting financial growth.

Who can use the Zigi App?

Eligible users in Guatemala can access the Zigi App, benefiting from promotional rates through the Amigo Paisano initiative.

What is Intermex’s role in the Zigi App?

Intermex powers the Zigi App, leveraging their expertise in money remittance to provide a seamless and secure financial service experience for users.

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