Mashreq has partnered with Toothpick to launch a Mashreq digital loan solution for healthcare financing in the UAE, marking the first embedded financing offering of its kind in the region’s healthcare sector. The partnership, announced on April 16, 2026, enables patients to finance dental and aesthetic treatments of up to AED 150,000 through a fully digital process integrated directly into Toothpick’s network of more than 1,000 clinics across the UAE.
The Mashreq digital loan solution removes traditional payment barriers for higher-ticket procedures by allowing customers to access flexible financing at the point of care. Clinics initiate the financing request through Toothpick’s platform, after which Mashreq authenticates the customer and shares a secure link to complete the application. Once approved, funds are disbursed directly to the clinic, creating a streamlined experience for both patients and healthcare providers.
How the Partnership Works
The integrated process simplifies healthcare financing for patients seeking dental and aesthetic treatments. Rather than navigating separate loan applications, customers can complete the entire financing journey within Toothpick’s ecosystem. This approach addresses growing demand for financing options that extend beyond traditional buy-now-pay-later limits, expanding access to both essential and premium healthcare services.
Ghazal Al Sakaal, Global Head of Ecosystems and Platform Banking at Mashreq, said: “Our collaboration with Toothpick reflects Mashreq’s commitment to delivering accessible financial solutions that meet real customer needs. By embedding high-value financing solutions directly into the healthcare journey, we are enabling patients to make important treatment decisions with greater ease while supporting clinics with a seamless, trusted payment experience.”
Expansion Plans for Healthcare Financing
The partnership initially focuses on dental and aesthetic clinics across the UAE, with plans to explore expansion into additional healthcare verticals in the coming months. This approach allows Mashreq to test and refine the Mashreq digital loan solution before scaling to other medical specialties and healthcare services.
Sary Azakir, Co-founder and Chief Growth Officer at Toothpick, stated: “Our partnership with Mashreq introduces a new standard for healthcare financing in the UAE. We thank Mashreq for their trust in the Toothpick ecosystem, and we look forward to innovating together by combining Toothpick’s strong clinic network with Mashreq’s digital lending capabilities.”
Strategic Importance for Mashreq’s Banking-as-a-Service Strategy
The agreement marks a significant milestone in Mashreq’s Banking-as-a-Service strategy, reinforcing its position in embedded finance and digital lending. By integrating financing solutions into Toothpick’s platform, Mashreq expands its reach into the healthcare ecosystem while delivering a customer-focused experience aligned with the UAE’s shift toward digital banking solutions. The partnership demonstrates how financial institutions can leverage platform integration to create value across multiple sectors.
Market Context and Future Outlook
The launch reflects broader trends in the MENA region toward embedded financing and healthcare innovation. As patients increasingly seek flexible payment options for medical treatments, financial institutions are developing solutions that integrate seamlessly into healthcare platforms. Mashreq’s partnership with Toothpick positions the bank to capture growing demand in this segment while supporting healthcare providers with efficient payment processing.
