SME financing
Zamanat Backs Tokenized Private Credit Fund to Target GCC SME Financing Gap
Zamanat sponsored a $100 million tokenized private credit fund in the DIFC to address the $250 billion GCC small business funding gap.
NEOPAY and Deem Finance Launch SME Working Capital Solution in UAE
NEOPAY and Deem Finance have partnered to provide UAE small businesses with working capital loans based on merchant transaction data.
SILQ Secures $100 Million to Expand Embedded Finance Platform
SILQ has secured $100 million in financing from regional and international investors to expand its Fina embedded finance platform for SMEs.
Mashreq Launches One-Day Business Account Service in UAE
Mashreq becomes the first UAE bank to guarantee business account opening within one day through its NEO BIZ platform, backed by an AED1,000 cashback guarantee for eligible customers.
BoxCommerce and Mastercard Launch Prepaid Card for SMEs
BoxCommerce and Mastercard have launched a prepaid card program that gives SMEs on the BoxCommerce platform instant access to their earnings. The solution transforms BoxCommerce into a fintech partner, bridging the gap between online selling and digital finance for entrepreneurs across emerging markets.