An entrepreneur who aims to change the concept of remittance

In a rapidly evolving world where innovation and creativity reign supreme, young entrepreneurs are carving out their paths and shaping industries with new ideas while being compassionate at heart. One such individual, Yadur Sood, an Indian expat living in the UAE, has embarked on a journey that promises to find solutions to increase financial literacy in sections of the UAE’s low/mid-income expat community.

Yadur Sood’s remarkable journey began with a genuine passion for creating positive change in the lives of migrant workers in the UAE. As an Indian expat himself, Yadur was deeply connected to the challenges faced by the underprivileged, low-income expat community. After creating and participating in many charity drives and regular interaction with migrant workers at home, construction sites, and worker accommodations, Yadur identified a critical problem – a lack of financial literacy among migrant workers, caused inefficient budgeting and remittance practices. Workers often sent all their money home to sustain their families rather than themselves. Upon thinking about how he could solve this issue, Yadur ideated Katafin.