SME financing
NEOPAY and Commercial Bank of Dubai Partner to Expand SME Financing
NEOPAY and Commercial Bank of Dubai have formed a partnership to help UAE merchants access working capital and banking services through transaction data.
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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.