“Chahar”, the new product of Jibimo for managing the liquidity of organizations, was unveiled

The fintech company “Jibimo” unveiled the product “Chahar” in a ceremony in collaboration with “FanapEvent”.

According to Iran digital economy annotation, this resource and liquidity management tool for large businesses facilitates four activities for its users, including: “Modern methods of receiving money”, “Organizational liquidity management”, “Smart settlement” and “Making profit and non-operating income from organizational resources”. The name of the product is also chosen based on these four services.

At the Chahar unveiling event, Mehdi Moradian, CEO of Jibimo, said that in 2017, the company’s launch plan was formed from the idea of ​​creating a P2P payment network, but now Jibimo is no longer just a P2P payment network.

In 2019, Farabi Financial Group was added to Jibimo’s shareholders through Soshyant Company. Moradian considers this incident to be the reason for this company entering its second generation. He said: “At that time, Jibimo was providing financial circulation services to Farabi Brokerage in 10 banks in the B2B area. In the second generation, we developed the payment assistance license and payment gateway services and were able to provide our customers with the possibility of entering different financial markets. In 2023, with the trust of Farabi Financial Group, the ownership of Jibimo was transferred to this group. Since then, our services have expanded.”

Jibimo CEO added that this business has entered its third generation since last year. Following this incident, “various banks and PSPs cooperate with Jibimo; “This company can have almost 192 million dollors of processing efforts.”

Chahar becomes a smart financial management assistant

In another part of this ceremony, Rahman Babazadeh, Executive Director of Farabi Brokerage, considered the launch of the Chahar liquidity management system as the latest step of this company in the continuation of the innovative path of Jibimo.

Chahar performs Direct Debit in “Day”, “Tejarat”, “Melli” and “Mellat” banks. Identification of customers, liquidity management, resource transfer services, backup account and open banking in smart money transfer are other services that this product offers.

According to the CEO of Jibimo, Chahar is available as a web version for large and small businesses that have high transactions. Moradian emphasized that this product will provide more services in the next year to become a smart financial assistant.