Arab Financial Services (AFS), a digital payment solutions company in the Middle East and Africa, has announced its expansion into UAE.
This follows the acquisition of a Retail Payment Services Licence – Category II from the Central Bank of the UAE by Arab Financial Services L.L.C., enabling the introduction of tailored payment solutions for the UAE market.
“This licence acquisition marks a pivotal juncture in our regional expansion strategy,”
said Samer Soliman, CEO of AFS.
“We are excited to launch our innovative payment solutions in the UAE, a nation renowned for its progressive vision for digital transformation. Our advanced suite of services will empower consumers and businesses alike with enhanced convenience, security, and financial freedom.”
Supported by US$150 million in funding and by leveraging its expertise and technology, AFS seeks to provide secure, user-centric payment solutions that enhance financial accessibility and contribute to economic growth.
