TORONTO, CANADA, May 6, 2024 (GLOBE NEWSWIRE) —
To empower students around the world, Chimoney, backed by Techstars, partnered with International Student Identity Card (ISIC) USA to enrich the student experience with unparalleled student financial services. The partnership combines Chimoney’s global payments solutions with ISIC’s long-standing commitment to educational benefits, student discounts, and global recognition. With over 5 million active ISIC members worldwide, this partnership includes special offers including free ISIC membership and $10 wallet credit for users who link their ISIC card to his Chimoney app. is poised to impact a significant portion of international students by introducing . .
Since its founding in 1953 as a student-led organization with a mission to improve student life, International Student Identity Card (ISIC) has emerged as a global leader supporting students in more than 100 countries . ISIC is recognized by UNESCO, UNWTO, and supported by governments, ministries of education, and educational institutions around the world, making it the only internationally recognized certificate of student identity. “Our partnership with Chimoney reflects ISIC’s dedication to innovation and advancement as we evolve to meet the changing needs of students around the world,” said Mauro Pestana, Chief Operating Officer of ISIC USA. “I am doing so,” he said. “Together, we will simplify transactions, foster a more interconnected global student community, and foster cultural exchange and mutual understanding.”
Toronto-based Chimoney is known for its robust platform that provides a multi-currency wallet (Wallet as a Service) and global payments infrastructure, allowing community members like ISIC to reap even more benefits from their community membership. To help, we’ve launched the Chimoney app just for our community. As a provider of global payments infrastructure, APIs, and plug-and-play fintech in a box, Chimoney’s technology enables users to perform seamless transfers and flexible payment requests to email or phone numbers, allowing them to transfer funds across borders. Reduce common barriers to movement. For community members such as students with ISIC membership. “We are thrilled to partner with ISIC USA,” said Chimoney CEO Uchi Uchibeke. “This partnership aligns with our mission to unlock economic opportunity for everyone, everywhere, including students. Together, we are setting new standards in financial mobility and culture.” I can’t wait to continue growing together with ISIC USA and deepening connections between students from around the world. ”
What this partnership means:
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For non-ISIC members:
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The first 5,000 students in the U.S. to redeem their Chimoney Payment will receive free access to an ISIC membership (valued at $20) and student discounts on flights, hotel stays, entertainment, and more.
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Enhance your financial freedom with free student financial services and money transfers through Chimoney’s multi-currency wallet feature in the Chimoney app.
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ISIC USA and Chimoney’s collaboration highlights a shared commitment to student success, making transactions seamless for students around the world as they participate in international student exchanges, saving both time and money on remittances and payments I will make it possible. “This partnership with Chimoney aims to simplify international transactions for students,” said Léandre Paris, Director of Partnerships at ISIC USA. “By streamlining payments and remittances, we aim to support our core mission of making student life better. Manage your living expenses, send money to loved ones abroad, stay in the U.S. We strive to encourage and empower students to explore the culture while in the United States, including sharing costs with friends during their stay in the United States. ”
As both organizations continue to innovate, this collaboration marks an important milestone in providing students with the financial tools and student financial services they need to succeed abroad. Both organizations hope this partnership will set a precedent for future efforts aimed at improving the student experience globally.
Visit the Chimoney blog and ISIC USA homepage to learn how Chimoney and ISIC are improving student life.
CONTACT: Faheed A Marketing and Design, Chimoney marketing@chimoney.io