Al-Mulla Exchange
Al-Mulla Exchange is a regional online money transfer and currency exchange provider serving individuals and small-to-medium businesses with international remittance and digital FX services via a self-serve web platform.
- Company typePrivate
- Founded2001
- HeadquartersSafat, Kuwait
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
Al-Mulla Exchange firmographics
Firmographics- Name
- Al-Mulla Exchange
- Legal name
- Al Mulla Exchange
- Website
- https://almullaexchange.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Al-Mulla Exchange is a regional online money transfer and currency exchange provider serving individuals and small-to-medium businesses with international remittance and digital FX services via a self-serve web platform.
- Ownership category
- akta.pro rank
Al-Mulla Exchange industry classification
Industry- Product category
- Money Transfer & Remittance Services
- akta.pro primary industry
- International Money Transfer Operators (MTOs) (FSAMAIAE)
Keywords
Where Al-Mulla Exchange is headquartered
LocationHeadquarters
- HQ city
- Safat
- HQ country
- Kuwait
- HQ region
- Middle East
Markets served
Al-Mulla Exchange business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales
Distribution channels1 record
Al-Mulla Exchange product offering
Product offeringCore offering
Al-Mulla Exchange operates a digital platform that enables customers to send money internationally and exchange currencies online. The service combines international money transfer (remittance) with foreign currency exchange, providing real-time exchange rates through a self-service website.
Differentiator
Problem solved
Functional benefit
Products and services
- Al-Mulla Exchange Online Services Online money transfer and currency exchange platform enabling customers to send money internationally and exchange currencies digitally through a self-service website.
Companies that use Al-Mulla Exchange
Customer profileIdeal customer profiles2 records
Al-Mulla Exchange technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Al-Mulla Exchange competitors and assessment
Company assessmentDirect peers
- Wise (TransferWise): Digital-first cross-border payments platform offering low-cost international transfers and multi-currency accounts. Comparable to Al Mulla Exchange on the online international money transfer use case, particularly for tech-savvy consumers and SMBs.
- WorldRemit: Digital cross-border money transfer service targeting similar diaspora and SMB customers. Comparable to Al Mulla Exchange on digital international remittance, though with broader global corridor coverage.
- Xoom (PayPal): PayPal-owned digital remittance service sending money internationally to bank accounts, mobile wallets, and cash pickup. Comparable to Al Mulla Exchange on online money transfer product, with stronger brand and funding backing.
- Western Union: Global incumbent MTO offering international money transfers and currency exchange across retail and digital channels. Directly comparable to Al Mulla Exchange in core remittance product, corridor network, and SMB/consumer customer base.
- MoneyGram: Major global MTO with cross-border money transfer, bill pay, and FX services delivered via app, web, and agent network. Closely comparable product set and customer segments to Al Mulla Exchange.
- Remitly: Digital remittance platform focused on migrant corridors with mobile app-led experience. Directly comparable to Al Mulla Exchange on cross-border money transfer to consumer recipients, with stronger digital UX.
- Al Ansari Exchange: Largest UAE-based MTO offering money transfer, currency exchange, and payments services with extensive GCC retail and digital presence. Closest regional peer to Al Mulla Exchange, with overlapping corridors and customer segments.
Emerging players
- Rewire (formerly RemitAnywhere): Digital remittance and financial services platform targeting migrant populations with mobile-first experience. Comparable to Al Mulla Exchange on online international transfers, with younger, app-native positioning.
- Revolut: Digital banking and remittance super-app offering international transfers and multi-currency accounts to consumers and SMBs. Comparable to Al Mulla Exchange on cross-border payments use case, with broader fintech feature set.
Regional players
- UAE Exchange / Unimoni: MTO with strong GCC and Indian-subcontinent corridor coverage offering remittance, FX, and payments. Comparable to Al Mulla Exchange on cross-border remittance product and target customer base, competing primarily in shared GCC-adjacent corridors.
Market position
Customer concentration
Al-Mulla Exchange social profiles
Digital presenceAl-Mulla Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
Al-Mulla Exchange leadership team
Management profileNumber of profiles
Profiles1 record
Al-Mulla Exchange funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Al-Mulla Exchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Al-Mulla Exchange
What does Al-Mulla Exchange do?
Al-Mulla Exchange operates a digital platform that enables customers to send money internationally and exchange currencies online. The service combines international money transfer (remittance) with foreign currency exchange, providing real-time exchange rates through a self-service website.
Is Al-Mulla Exchange a public or private company?
Al-Mulla Exchange is a private company. It is classified as unknown and is currently operating.
When was Al-Mulla Exchange founded?
Al-Mulla Exchange was founded in 2001. It employs 501 to 1,000 people.
Where is Al-Mulla Exchange based?
Al-Mulla Exchange is headquartered in Safat, Kuwait, in the Middle East region.
Who are Al-Mulla Exchange's main competitors?
Direct peers on record are Wise (TransferWise), WorldRemit, Xoom (PayPal), Western Union, MoneyGram, Remitly and Al Ansari Exchange. Emerging players are Rewire (formerly RemitAnywhere) and Revolut. UAE Exchange / Unimoni is listed as a regional player.
Does Al-Mulla Exchange have an API?
No public API is recorded for Al-Mulla Exchange.
What industry is Al-Mulla Exchange in?
Al-Mulla Exchange's product category is Money Transfer & Remittance Services. Its primary akta.pro industry code is FSAMAIAE, International Money Transfer Operators (MTOs).