In response to the civil war in Somalia and the Somali-American community’s desire to help their love ones back home, Dahabshil Inc. was established. Due to the sustained civil war, famine and the lack of the governmental financial institutions, Dahabshil, Inc. remained as the only financial institution trusted by many Somalis.

In recent years, Dahabshil capitalized on the opportunity to expand and provide the same trusted service to other immigrant communities in the U.S that wanted to send money to their loved ones. This is particularly made possible with the strategic alliance and affiliation that is established with Dahasbhiil PVT Somalia which has an extensive correspondent relationships with many parties throughout many parts of the world.