Benzinga | Sep 21, 2021 09:04AM EDT

Euronet Worldwide Subsidiary Ria Money Transfer Announces Partnership With Nobel Financial To Expand Services Across Liberia, U.S. And Africa; Terms Not Disclosed

Ria Money Transfer, subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT) and a global leader in the cross-border money transfer industry, and Nobel Financial Inc, part of Nobel Ltd, leaders in international financial, telecom and direct delivery services, today announced a partnership that will see the transition of all 117 Nobel agents in the United States to the Ria brand, platform, and network, unlocking all the benefits they offer.



Nobel customers will now have the option to send money from thousands of locations including 4,600+ Walmart and 2,100+ Kroger stores across the United States or from the convenience of their homes through the Ria Money Transfer app. For those who want to send and receive money internationally, customers will now have access to Ria's 490,000 payout locations in more than 165 countries and complete transactions in just 10 minutes. Additionally, Nobel customers in the US will now have access to Ria's Bill Pay service and network of more than 8,000 billers.

"Ria's partnership with Nobel represents a fantastic opportunity to strengthen our presence in Liberia allowing us to build on 20+ years of Nobel Financial's expertise in the Liberian market with Ria's best in class service and global reach," said Rosario Escarpita, Managing Director Americas at Ria Money Transfer. "At Ria, we make every effort to promote accessibility and ensure customers can send and receive money wherever they are, conveniently and affordably, while also making the connection easier between family and friends."

"Nobel has always been at the heart of the diaspora community offering them best in class service for over 23 years. At Nobel we always strive to ensure that our clients are at the core of our offering and always work hard to provide the best quality in a more cost-effective method of delivery," said Sandro Bianco, CEO at Nobel Financial. "The partnership on the money transfer business we have entered into with Ria solidifies our offering to Nobel financial consumers."