UK business payments platform Berg announced that it will be introducing its multi-currency and cross-border transaction services to SMEs in the UAE.

Using Berg’s platform, SMEs will be able to manage their finances digitally on a mobile app, access multi-currency IBANs, make cross-border payments, and manage employee cards.

Founded in 2022 and headquartered in London, Berg aims to target the growing ecommerce segment, as well as businesses with cross-border trade and transaction needs.

The company is founded and headed by Dennis Nemerov, who previously co-founded sharia-compliant business account startup Rizq and digital banking app Maneta.

“We aim to onboard and activate customers on the same day allowing them to start trading, pay and be paid by their suppliers and partners. All of this is now available through one mobile app and one dashboard to stay in control of your business finances,”

said Dennis Nemerov, CEO of Berg.