The app that will save you money on a trip abroad
The qwic app by WorldCom Finance consolidates international transfers, a digital wallet, and services for foreign residents and migrant workers, alongside a solution for Israelis who want to transfer money abroad.
The Israeli fintech company WorldCom Finance is introducing qwic by WorldCom Finance, an app for money transfers abroad and other financial services. According to the company's announcement, this is a facelift for its long-standing app and a move intended to consolidate services for Israelis and foreign residents, including migrant workers in Israel, on the same platform.
"The qwic app consolidates a variety of financial and digital services in one place for Israelis and foreign residents, while simultaneously offering Israelis a fast and secure digital solution to store funds and transfer money abroad," said Navot Levkovich, CEO of WorldCom Finance.
According to the company, for foreign residents, the app acts as a financial "Super App" that consolidates services for managing daily life in Israel: receiving a salary, paying expenses, money transfers to the country of origin, tracking transfers, locating cash withdrawal points, SIM card top-ups, and other financial services. For the Israeli audience, it offers international money transfers at exchange rates that the company defines as attractive.
"In recent years, we have invested significant resources and built an infrastructure that connects payments, wallets, international money transfers, and financial services," said Levkovich.
qwic effectively packages all financial products into a convenient app with an advanced interface following a significant facelift, both for foreign residents who need to manage their financial lives in Israel and in their country of origin, and for Israelis looking for a simple, safe, and competitive way to transfer money abroad.
According to WorldCom Finance data, the company performs more than 750,000 money transfers per year, serves about 200,000 active clients, and operates in more than 150 countries through about 15,000 cash collection points around the world.
"The goal is to connect the strong international infrastructure that exists in the company with advanced technology and new financial products," added Levkovich. "We continue to build an Israeli fintech company capable of providing excellent financial solutions to private clients, Israelis and foreign residents, employers and businesses, in Israel and between countries."
