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Dubai, UAE — [Date] — GlobeTopper, a leading U.S.-based provider of B2B digital prepaid products and services, together with LuLu Exchange UAE, one of the region’s most trusted and customer-centric financial services providers, today announced a strategic partnership that will elevate digital gifting and global connectivity across the UAE and beyond.

This collaboration marks GlobeTopper’s official entry into the Middle East with its newly opened UAE office — and places LuLu Exchange at the forefront of introducing innovative, value-added digital products to millions of its customers.

Through this partnership, LuLu Exchange customers will gain seamless access to over 4,000+ digital gift card brands across 65+ countries, including Visa and Mastercard digital gift cards, offering one of the widest global gifting selections available in the region. Additionally, GlobeTopper’s eSIM mobile data top-up services, covering 120+ countries, will further strengthen LuLu Exchange’s growing digital ecosystem by enabling effortless mobile connectivity for UAE residents and travelers.

Craig Span, Founder & CEO of GlobeTopper, said:
“Our mission at GlobeTopper has always been to connect businesses and consumers through reliable digital prepaid products. Partnering with LuLu Exchange — a trusted financial institution with market-leading reach and a deep commitment to customer experience — is a significant milestone for us. The Middle East is a rapidly growing digital economy, and working with LuLu Exchange gives us the ideal platform to bring secure, scalable solutions to customers across the region.”

He added:
“As we expand our footprint globally — across Latin America, Canada, Europe, the UK, and now the Middle East — our UAE office will serve as the innovation hub for strategic partnerships like this one with LuLu Exchange, enabling us to deliver meaningful, borderless digital solutions to financial institutions, retailers, and fintech partners.”

For LuLu Exchange, the partnership represents another step in its journey to enhance customer convenience and strengthen its portfolio of digital value-added services. By integrating GlobeTopper’s expansive global catalog, LuLu Exchange continues to broaden its service offering beyond traditional remittance and currency exchange, delivering more lifestyle-oriented digital solutions to its diverse customer base.

Thampi Sudarsanan, CEO, LuLu Exchange said:
“At LuLu Exchange, we are committed to introducing services that enrich our customers’ everyday experiences. Our partnership with GlobeTopper aligns perfectly with our digital-first vision, allowing us to offer instant, secure and globally diverse gifting and mobile data solutions. This collaboration opens new opportunities for cross-border digital commerce, an increasingly important part of modern financial services.”

With the UAE’s thriving fintech ecosystem, the partnership between GlobeTopper and LuLu Exchange marks a pivotal moment in advancing digital commerce and customer empowerment in the region.

About GlobeTopper

GlobeTopper, part of IQSTEL Inc. (NASDAQ: IQST), is a U.S.-based B2B digital platform offering over 4,000 digital gift card brands across 65+ countries, including Visa and Mastercard digital gift cards, along with mobile connectivity solutions available in 120+ countries. The company serves enterprise clients and fintech partners across Latin America, Canada, Europe, the UK, and the Middle East. With its newly established UAE office, GlobeTopper continues its mission to empower partners globally with innovative, scalable, and customer-centric digital prepaid solutions.
https://www.globetopper.com

About LuLu Exchange

LuLu Exchange is one of the UAE’s leading financial services providers, offering remittance, foreign exchange, digital payments, and a growing suite of digital value-added services. Renowned for its trust, innovation, and customer-centric approach, LuLu Exchange continues to transform financial experiences across the region.
https://luluexchange.com

Abu Dhabi, UAE – LuLu Exchange, one of the UAE’s most trusted financial services companies and a part of LuLu Financial Holdings, has announced a partnership with Abhi Middle East Limited, the neo bank of the future backed by Hub71 and the Abu Dhabi Investment Office (ADIO), and funding enabled by Commercial Bank International (CBI). The collaboration aims to empower workers across the UAE with instant access to their earned wages and seamless cross-border remittance solutions, bridging the gap between income and family support like never before.

Through this partnership, workers will be able to access their Earned Wage Access (EWA) instantly and send money to their families back home without waiting for payday. This service will enhance financial flexibility and ensure timely support for expatriate communities who form the backbone of the UAE’s workforce.

By combining LuLu Exchange’s extensive network and trusted remittance expertise with ABHI’s financial technology, the initiative is set to transform how workers access, manage, and move their money across borders. This partnership underscores LuLu Exchange’s continued commitment to leveraging innovation to improve financial access and enhance the customer experience. For ABHI, it further reinforces its vision to drive inclusive, technology-led financial solutions across the region, ensuring every individual has the tools to achieve financial wellness and independence.

“At Lulu Exchange, we believe that timely access to earnings is a fundamental need and this collaboration enables workers to support their families with greater control and confidence. Partnering with Abhi allows us to take a decisive step toward reshaping financial access for the UAE’s workforce. We are creating a powerful ecosystem that places customer empowerment at its core by merging Abhi’s innovative EWA technology with our trusted remittance network,” said Thampi Sudarsanan, CEO of Lulu Exchange, UAE.

Omair Ansari, Co-Founder & CEO of Abhi Middle East Limited, added: “Partnering with LuLu Exchange, a trusted name synonymous with excellence and accessibility in financial services, allows us to enable workers to gain control over their earnings and support their families back home without financial strain. By integrating ABHI’s technology with LuLu’s deep market expertise, this collaboration represents a step forward in advancing financial inclusion and delivering true economic empowerment.”

Founded in 2021, ABHI has expanded its presence across Pakistan, the UAE, and Saudi Arabia, empowering employees and businesses with fast, secure, and transparent access to on-demand liquidity. To date, the company has served over 1 million users, onboarded more than 5,000 businesses, and processed transactions totaling over $500 million, driving financial empowerment for individuals and SMEs across the region.

About Abhi Middle East Limited

ABHI provides a comprehensive suite of solutions, including Earned Wage Access and SME Financing. The fintech company has established partnerships with over 5000 companies, driving economic growth and creating lasting social impact.

ABHI has gained recognition from Hub71 and Endeavor and was the first to be awarded the Technology Pioneer 2023 Award by the World Economic Forum, making fintech history in the MENAP region. ABHI was also selected as one of the Future 100 companies in the UAE and has recently been selected for Mastercard’s Start Path Small Business program.

For more information, visit https://abhi.co/

About LuLu Financial Holdings

LuLu Financial Holdings is a leading global financial services provider, offering a wide range of services including cross-border payments, currency exchange, and financial technology solutions. With over 370 customer engagement centers in over 10 countries across the Middle East, Indian subcontinent, and APAC regions, and a commitment to innovation and customer satisfaction, LuLu Financial Holdings continues to set benchmarks in the financial services industry. Learn more at https://www.lulufin.com/.

About LuLu Exchange

LuLu Exchange is one of the UAE’s leading financial services companies, providing remittances, foreign currency exchange and other allied services through a network of over 140 branches and digital solutions (LuLu Money App), to a cross-section of society, powered by a robust network and reputed partners with high standards of customer care. The company is part of the Abu Dhabi-based financial services conglomerate LuLu Financial Holdings.

Dubai, UAE – 17.09.2025: LuLu Exchange, the UAE’s leading name in cross-border payments and foreign exchange services has further strengthened its customer outreach by inaugurating its new Customer Engagement Centre at Motor City, Dubai.

The newly launched customer engagement centre marks LuLu Exchange’s 143rd branch in the UAE and the 384th globally, reflecting the company’s ongoing commitment to creating greater accessibility and convenience for customers.

The branch was inaugurated by Mr. Adeeb Ahamed, Managing Director of LuLu Financial Holdings, in the presence of Thampi Sudarsanan, CEO, LuLu Exchange UAE and other senior officials from LuLu Financial Holdings.

Speaking at the inauguration, Mr. Adeeb Ahamed said:

“Our expansion in the UAE reflects our dedication to serving communities with accessible, innovative and secure financial solutions. The Motor City branch will cater to the diverse population in this dynamic neighbourhood ensuring they enjoy the same trust, convenience and service excellence that defines LuLu Exchange.”

“The continued growth of LuLu Exchange UAE reflects the confidence our customers have in us. We’re making our services more accessible and continuing our commitment to convenience, trust and excellence,” said Mr. Thampi Sudarsanan.

The new branch will offer a diverse portfolio of financial services, including cross-border remittances to over 170 countries, competitive currency exchange rates across major global currencies, Wages Protection System (WPS) salary services for corporates, utility bill payments and value-added services.

Customers can benefit from LuLu Money App in addition which enables smart, secure and seamless digital transactions. The integration of physical and digital services is the main focus to LuLu Exchange’s mission of empowering customers with choice and flexibility in managing their financial needs.

LuLu Exchange continues to expand its footprint with each new opening as a trusted financial services provider while advancing its strategy to blend physical accessibility with digital innovation. The Motor City branch further enhances its growing network across Dubai reaffirming the brand’s reputation for reliability, customer focus and global reach.

NBF customers can now access agency banking services at over 140 LuLu Exchange centers
across the UAE, significantly widening the bank’s footprint

Dubai – 27th August 2025 — Reinforcing its commitment to expanding customer
access, The National Bank of Fujairah (NBF) has entered into a strategic partnership
with LuLu Exchange, one of the UAE’s leading cross-border payments providers, to
provide agency banking services across the latter’s extensive network.

NBF currently has 14 branches across the UAE. The partnership will significantly
extend that reach by enabling NBF customers to access agency banking services
across LuLu Exchange’s 142 customer engagement centers.

The first phase of the rollout includes the installation of ATMs/CDMs at 12 LuLu
Exchange branches, combining LuLu Exchange’s customer reach with NBF’s banking
expertise. These include locations in Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah,
Ajman and Fujairah with a mix of high-street and mall-based locations.

In the future, NBF and LuLu Exchange will broaden their collaboration, with
additional services to be rolled out in phases. The partnership is designed to evolve
in line with customer needs and the UAE’s growing digital-first financial landscape.

“Expanding our physical touchpoints through this partnership with LuLu Exchange is
a significant milestone in our journey to serve customers where they are,” said
Adnan Anwar, CEO, National Bank of Fujairah. “By leveraging LuLu Exchange’s
extensive branch network, we’re providing our customers with seamless access to
banking services while ensuring convenience, security, and efficiency.”

“Our customers trust us for convenience. With NBF’s ATMs inside our centers, they
can now handle their essential banking needs while sending money home, all in one
stop. By combining our extensive network with NBF’s trusted banking services, we
are creating a stronger ecosystem that benefits communities across the UAE,” said
Thampi Sudarsanan, CEO of LuLu Exchange UAE.

This initiative is part of NBF’s broader transformation strategy aimed at enhancing
its distribution model and extending its reach through flexible, cost-effective
partnerships. For LuLu Exchange, the partnership reflects its ongoing collaborative
strategy and commitment to forging strong alliances that enhance its growth and
service offerings.

About National Bank of Fujairah PJSC:

Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services
corporate bank with strong corporate and commercial banking, treasury and trade
finance expertise as well as an expanding suite of personal banking options and
Shari’ah compliant services. Leveraging its deep banking experience and market
insight within Fujairah and the UAE, NBF is well-positioned to build lasting
relationships with its clients and help them achieve their business goals.

NBF’s key shareholders include the Government of Fujairah, Easa Saleh Al Gurg LLC
and Investment Corporation of Dubai. Rated Baa1 / Prime-2 for deposits and A3 for
counterparty risk assessment by Moody’s and BBB / A-2 by Standard & Poor’s, both
with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange
under the symbol “NBF”. It has a branch network of 14 across the UAE.

About LuLu Exchange

LuLu Exchange is one of UAE’s leading financial services companies, providing
remittances, foreign currency exchange and other allied services through a network
of over 140 branches and digital solutions, including the LuLu Money App, to a
cross-section of society, powered by a robust network and reputed partners with
high standards of customer care. The company is part of the Abu Dhabi-based
financial services conglomerate LuLu Financial Holdings.

Abu Dhabi, UAE: LuLu Exchange, a leading name in cross-border payments and foreign exchange, has opened the latest branch in Mussafah 10, Abu Dhabi. The move marks another significant milestone in the company’s journey to provide seamless, accessible, customer-focused financial solutions across the UAE.

The new relocated branch in Mussafah 10 reflects LuLu Exchange’s ongoing commitment to improving customer experience through strategic placement and service enhancement. Situated in one of the most vibrant and well-connected zones of Mussafah, the customer engagement centre aims to offer greater ease of access to individuals and businesses in the area, many of whom rely on LuLu Exchange for their everyday remittance and foreign exchange needs.

This opening is part of the brand’s broader efforts to align with evolving customer preferences and community growth patterns. As Abu Dhabi continues to expand, with Mussafah standing out as a major industrial and residential hub, LuLu Exchange has recognised the importance of maintaining a strong, convenient presence in the locality. The new Mussafah 10 strengthens the company’s regional footprint and allows to offer a more streamlined and accessible service experience to its loyal customer base.

Speaking on the occasion, Mr. Adeeb Ahamed, MD, LuLu Financial Holdings, said: “The opening of our Mussafah 10 branch is a direct response to the feedback and expectations of our customers. Our mission has always been to be where our customers need us the most and this new location allows us to do just that, offering faster, more convenient access to our services in one of Abu Dhabi’s busiest and most dynamic districts.”

Sharing his thoughts, Mr. Thampi Sudarsanan, CEO of LuLu Exchange, said “Be it across the counter or through our digital platforms, as the demand for accessible financial services continues to grow, we remain committed to creating positive experiences through every customer interaction.

While this branch represents a new physical space, it also carries forward the trust that customers have come to associate with LuLu Exchange in the region. With over 140+ branches across the country and a growing digital ecosystem, the company continues to deliver on its promise of simplifying money.

LuLu Exchange, one of the prominent financial services providers, has further expanded its presence by inaugurating a new customer engagement centre at BurJuman Mall, Dubai. Strategically situated in the heart of the city, the new LuLu Exchange customer engagement centre serves as a convenient hub for both expatriates and Emiratis, enhancing their accessibility to essential financial services.

The new customer engagement centre was inaugurated in the esteemed presence of Mr. Adeeb Ahamed, Managing Director, LuLu Financial Holdings, Thampi Sudarsanan, CEO, LuLu Exchange UAE and other dignitaries.

“Our new customer engagement centre at BurJuman Mall strengthens the ongoing commitment to serve Dubai’s diverse community, including both expatriates and Emiratis. This location was specifically chosen for its exceptional accessibility and convenience, ensuring that financial services including remittances, currency exchange and payment solutions remain readily available to all residents living and working in Dubai”, said Mr. Thampi Sudarsanan, CEO, LuLu Exchange UAE.

LuLu Exchange plays a major role in the lives of the community by providing reliable and swift financial solutions important for day-to-day transactions, savings and family remittances. The local and expat community, which forms a key portion of Dubai’s population, relies heavily on secure, efficient and convenient financial services to maintain connections with their home countries and manage personal finances. LuLu Exchange’s services bridge this essential need, allowing customers to seamlessly support families abroad and manage their finances effectively.

The new customer engagement centre’s accessibility ensures that LuLu Exchange remains at the forefront in offering convenience and reliability, backing its commitment to customer satisfaction and ease of service.

Quess Corp’s subsidiary, Alldigi Tech Limited (formerly Allsec Technologies Limited), a leading provider of Payroll and HRMS solutions processing over 1.5 million payslips monthly, has entered into a strategic collaboration with LuLu Financial Holdings, a UAE-based global financial services conglomerate. This partnership aims to redefine payroll and HRMS services in the MEA region by delivering integrated, technology-driven solutions tailored to the diverse needs of LuLuFin’s extensive customer base.

This collaboration will enable LuLuFin to elevate payroll and HR management for its clients through the integration of Alldigi Tech’s advanced payroll platform and HRMS capabilities. By simplifying salary calculations, generating accurate disbursement reports, and integrating seamlessly with LuLuFin’s offerings, the solution provides businesses with a comprehensive and hassle-free experience. By reducing manual effort, minimizing errors, ensuring compliance with local payroll regulations and streamlining HR processes, it not only saves time but also allows businesses to focus on growth and delivering value to their employees.

Mr. Richard Wason, CEO of LuLu Financial Holdings, commented, “Our mission has always been to provide innovative and accessible financial solutions that meet the diverse needs of community. Partnering with Alldigi Tech will enable us to offer a simple, cost-effective solution for payroll management, helping SMEs reduce administrative burden and focus on growth.”

Mr. Naozer Dalal, CEO of Alldigi Tech, added, “We are excited about this partnership as it combines our payroll expertise with LuLuFin’s deep understanding of the SME sector. Together, we are creating a solution that not only addresses the growing demand for payroll automation but also helps businesses run more efficiently and enhance employee satisfaction.”

LuLu Financial Holdings and Alldigi Tech have partnered to offer SMEs a simplified payroll processing solution featuring strong customer support and query resolution. By combining LuLuFin’s local expertise with Alldigi Tech’s robust system, SMEs can immediately streamline payroll operations, freeing up resources to focus on growth and core business activities.

About LuLu Financial Holdings:

LuLu Financial Holdings is a leading global financial services provider, offering a wide range of services including cross-border payments, currency exchange, and financial technology solutions. With over 350 customer engagement centers in over 10 countries across the Middle East, Indian subcontinent and APAC regions, and a commitment to innovation and customer satisfaction, LuLu Financial Holdings continues to set benchmarks in the financial services industry. Learn more at https://www.lulufin.com/.

For media enquiries, please contact: Vishnu Prasad – vishnu.prasad@lulufin.com

About Alldigi Tech:

Alldigi Tech Limited (formerly Allsec Technologies Limited) has been a trusted leader in customer and employee experience management for over 24 years. Backed by Quess Corp and Fairfax Holdings, the company provides comprehensive payroll and HR management solutions globally, serving 400 clients including Fortune 100 companies, across 42 countries. The company’s suite of services includes end-to- end digital HR solutions, payroll processing and payroll related compliance services, all designed to meet the diverse needs of its clientele.

For media enquiries, please contact: Priya Philipose – Priya.Philipose@conneqtcorp.com

LuLu Exchange, a leading financial services provider in the UAE, celebrated its 15th anniversary at Al Wahda Mall on Monday, marking a significant milestone in its journey of customer centricity and innovation.

In a grand celebration at their very first branch at Al Wahda Mall, LuLu Exchange honored loyal patrons who have journeyed with the institution since its inception. These customers were recognized not just for their loyalty but also for their role in shaping the services that LuLu Exchange offers today.

Monday’s celebration marked the latest milestone in a memorable journey that has seen LuLu Exchange rise to being one of the most trusted names in UAE’s cross-border payments space. From its humble beginnings in 2009, LuLu Exchange has expanded its footprint to 140 customer engagement centers across the UAE.

LuLu Exchange’s rise over the years has been rooted in innovation, with their digital offerings revolutionizing the way remittances are sent from the UAE to other countries. The LuLu Money App, launched in 2017, has since grown into one of the UAE’s most-preferred cross-border payments platforms, offering unparalleled convenience, security, and efficiency to its users.

“Reflecting on our 15-year journey, I am filled with immense pride and gratitude,” said LuLu Financial Holdings Managing Director Adeeb Ahamed. “Our success has been driven by our unwavering commitment to digital transformation and leveraging cutting-edge technology to deliver exceptional value to our customers. At the heart of our growth is a customer-centric approach, where every innovation is crafted with the end- user in mind.”

“We’ve built a remarkable team of talented individuals who share our vision and passion for creating impactful experiences,” he added. “Together, we’ve not only transformed the financial landscape across multiple countries but also created a culture that values creativity, resilience, and empathy. This milestone is a testament to our dedication to innovation, our loyal customers, and our outstanding team who make our vision a reality every day.”

As LuLu Exchange embarks on a new stage of their journey, the company remains committed to leveraging innovation to provide customers with a seamless and secure cross-border payment experience.

ruya, the UAE’s digital-first Islamic community bank, has announced a strategic partnership with LuLu Exchange, one of the UAE’s leading financial services companies. This collaboration allows ruya customers to deposit cash directly and instantly into their ruya accounts at any of the 140 LuLu Exchange customer engagement centres across the UAE, free of charge.

ruya continues to transform the banking services domain by providing a wide range of financial services through innovative, secure and fast technologies. LuLu Exchange has been at the forefront of revolutionizing the cross-border payments space by leveraging innovative technology, expanding its service network, and prioritizing customer-centric solutions. This partnership strengthens LuLu Exchange’s ongoing associations with digital banks and technology companies, enhancing the company’s fintech products.

In addition to this new service, ruya already enables its customers to open bank accounts in less than five minutes using UAE Pass. The arrangement further empowers ruya customers by offering them the convenience of cash deposits through any LuLu Exchange branch in the UAE.

Christoph Koster, CEO of ruya, said: “This partnership with LuLu Exchange highlights our commitment to enhancing the customer experience and expanding our service offerings. By enabling cash deposits through LuLu Exchange branches, we are making banking more accessible and convenient for our customers.”

Thampi Sudarsanan, CEO of LuLu Exchange UAE, also commented on the partnership: “We are delighted to collaborate with ruya, a forward-thinking digital-first Islamic bank. This partnership broadens our service portfolio and reaffirms our dedication to innovative financial solutions that benefit the community.”

Guided by the values of fairness, transparency and social responsibility, ruya prioritizes community engagement, actively supports families, entrepreneurs, and local businesses and reinvests in the communities it serves.

LuLu Exchange has officially opened its 140th Customer Engagement Center in the UAE at Al Mahatta, Sharjah. The Centre was inaugurated in the presence of Adeeb Ahamed, Managing Director of LuLu Financial Holdings, alongside the senior management team.

Continuing its robust expansion across the Emirates, LuLu Exchange has established an extensive network of 140 customer engagement centers in the UAE. This widespread presence enables the company to provide hassle-free services to a diverse customer base, efficiently catering to their financial needs.

The strategic location of the new Customer Engagement Centre underscores LuLu Exchange's commitment to accessibility and convenience for its customers. Commenting on this significant achievement, Thampi Sudarsanan, CEO, LuLu Exchange UAE, stated, “Today marks a momentous occasion for us as we expand our Customer Engagement Centre network by inaugurating our milestone 140th LuLu Exchange Centre in the UAE. This highlights our commitment to providing accessible financial services to the diverse communities we serve.”

By establishing a presence in Al Mahatta, Sharjah, LuLu Exchange aims to cater to the financial needs of both expatriates and residents. The new Customer Engagement Centre will offer a wide range of services, including currency exchange and many more, reaffirming the company's dedication to serving the financial requirements of its customers efficiently and effectively.