Fintech Company Secures $30M to Expand Financial Services to a Million SMEs

In the rapidly evolving world of financial technology, digital platforms are reshaping how businesses and professionals interact with financial services.

These platforms offer innovative solutions to streamline financial operations and enhance accessibility.

One such player making waves in this sector is the UAE-based Yuze, a company leveraging technology to support small businesses, e-traders, and freelancers. Their recent strides and new funding highlight a significant step forward in expanding their services and impact.

Yuze’s digital platform provides a range of financial services, such as business accounts and card programs, tailored for small businesses, online merchants, and freelancers, through collaborations with banks and financial institutions.

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With new funding secured, Yuze plans to extend its reach beyond the UAE, aiming to serve one million small and medium-sized enterprises (SMEs) and professionals over the next five years.

Rabih Sfeir, CEO of Yuze, commented,

“This funding not only supports our mission but also bolsters our capacity to grow beyond the UAE and enhance our services. Our objective is to eliminate the obstacles SMEs and freelancers face in accessing financial services. We are committed to setting new industry benchmarks and promoting financial inclusion.”

Source

Alexander Stefanov