Morocco’s Fintech Startup Yalla Xash Secures USD 675 K Funding

Yalla Xash, a Moroccan fintech startup, has secured MAD6 million (USD 675 K) from Maroc Numeric Fund II. Yalla Xash currently operates on the North America-Morocco line and plans to expand to other corridors in the coming months with the new funding.

Yalla Xash is a fintech startup that specializes in money transfers between North America and Africa. Its technology and logistics are designed to make transfer processes easier, faster, more secure, and less expensive. Yalla Xash’s offer is based on three services: App to Cash, App to Prepaid Card, and App to Bank account.