Qi Card, a leader in Iraq’s fintech sector, has unveiled its third-generation app, SuperQi, in collaboration with Ant International, ushering in a new era of digital services and financial inclusion for the country. Launched in July 2024, SuperQi integrates Alipay+ Wallet Tech solutions, combining a comprehensive digital lifestyle super app with a fully functional digital bank, designed to cater to the financial needs of millions of Iraqis.
With over 11 million cardholders and 5 million mobile app users, Qi aims to increase app users to over 15 million within the next three years. The app, available in Arabic, English, and Kurdish, provides a broad range of services, including scan-to-pay, money transfers, bill payments, loans, mobile recharges, and more. SuperQi enables Iraqis to seamlessly manage their finances, accelerating the shift towards a cashless society.
SuperQi also supports Iraq’s growing financial infrastructure, with over 20,000 point-of-sale merchants and 10,000 cash-out agents across the country. By targeting over 30% of Iraq’s population by 2026, the app plays a crucial role in expanding financial inclusion, which has seen the number of banked individuals rise from just 5% to nearly 50% in recent years.
Qi’s vision is to build a cashless Iraq by bringing financial services to every corner of society. SuperQi represents a transformative leap in this vision, bridging the gap for millions of Iraqis who still rely on cash transactions. It’s not just a financial app but a platform that enables businesses to connect with customers in innovative ways, contributing to Iraq’s digital economy.
The launch of SuperQi is a significant milestone in Iraq’s journey towards modernization, empowering individuals and businesses alike with secure, efficient, and accessible financial solutions. Qi’s collaboration with Ant International further strengthens this new ecosystem, making Iraq’s fintech sector more connected, inclusive, and technologically advanced. SuperQi embodies Qi’s commitment to a digital-forward, cashless future, reshaping Iraq’s financial landscape.
