Qi Unveils Revolutionary Lifestyle Super App in the Fintech Arena!

Qi, in collaboration with Ant International, has unveiled SuperQi, a lifestyle super app.

Crafted in partnership with Ant International and fueled by Alipay+ Wallet Technology solutions, SuperQi establishes a revolutionary digital ecosystem, merging a digital lifestyle super app with a fully integrated digital banking system.

This groundbreaking platform emphasizes Qi’s dedication to financial inclusion and the digitization of financial services within Iraq.

Since its debut in July 2024, SuperQi has smoothly fused the best elements of Western digital banking with Asia’s premier Super App framework.

Accessible in Arabic, English, and Kurdish, it caters to millions of Iraqis, offering a broad array of services, including scan-to-pay, money transfers, bill payments, loans and installments, mobile top-ups, shopping, travel, and various payment solutions.

SuperQi also supports Iraq’s expanding financial ecosystem with over 20,000 POS merchants and 10,000 cash-out agents. The app is crafted to meet diverse user demands, intending to engage more than 30 percent of Iraq’s populace by 2026.

Qi, in collaboration with Ant International, introduces SuperQi, the lifestyle super app. With over 11 million cardholders and 5 million mobile app users, Qi aims to exceed 15 million app users in three years.

This aligns with its goal of transforming financial transactions and enabling users to manage their payments with unmatched convenience. SuperQi has also substantially enhanced Iraq’s financial infrastructure by integrating more than 20,000 POS merchants and 10,000 cash-out agents.

The app is designed to address the evolving financial and lifestyle requirements of users, with a target of engaging over 30 percent of Iraq’s populace by 2026.

Mr. Bahaa Abdulhussein, Chairman of Qi, emphasized the importance of the partnership with Ant International: “At Qi, our ambition is to construct a cashless Iraq by extending financial services to every part of our society.

“Our collaboration with Ant International does not merely promote digital finance; it signifies a transformative leap towards establishing a broader digital ecosystem that meets the needs of the unbanked populace.

“Through SuperQi, we equip millions of Iraqis with accessible, efficient, and secure solutions, paving the way for a more connected, inclusive, and technologically advanced nation.”

Qi has played a crucial role in promoting financial inclusion in Iraq, assisting in elevating the percentage of banked individuals from 5% to nearly 50%.

Regarding the unbanked populace, Abdulhussein remarked: “At Qi, our vision is to realize a cashless Iraq where financial services are available to everyone. SuperQi stands as a testament to this pledge, streamlining financial transactions and enhancing inclusivity for all Iraqis.”

Ali Muneam, CEO of Qi, further stressed that “the launch of SuperQi symbolizes a key moment in Iraq’s transition towards a cashless society. By bridging the gap for countless individuals relying on cash transactions, SuperQi is not just a financial remedy but a progression towards modernizing our nation’s economy.”

Mr. Luay, Chief Product Officer of SuperQi, stated: “SuperQi signifies a fundamental change in how we address the lifestyle and everyday requirements of our varied customer base. We encourage businesses throughout Iraq to utilize SuperQi as a platform to deliver their services smoothly and efficiently.”

This amalgamation of advanced digital banking and super app capabilities enables SuperQi to cultivate a flourishing ecosystem for businesses in Iraq. The app offers secure, adaptable payment solutions while assisting enterprises in establishing connections with customers in innovative manners.

From its founding in 2007 to the debut of SuperQi, Qi has been a pioneer of innovation, leadership, and sustainability.

SuperQi symbolizes a significant transformation in Qi’s vision for FinTech’s role in daily financial management, after being honored as the Best Credit Solutions Provider in Iraq, presenting a lifestyle super-app that offers its users a seamless experience around the clock for all their payment needs.