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

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

15.08.2024 22:00 1 min. read Alexander Stefanov
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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.

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.”

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With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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