Meedaf, the financial services platform based in ADGM, has entered into a strategic partnership with InDebted, a Australian-based provider of AI-driven debt collection solutions.

As part of the agreement, Meedaf will invest in InDebted’s UAE entity to support the company’s regional expansion.

The partnership combines Meedaf’s regional expertise and networks with InDebted’s technology-led approach to debt resolution.

The collaboration aims to strengthen operations in the UAE, with plans to establish a hub in the country and extend services to banking, financial services, government, and telecommunications sectors.

Abdulla Abdul Aziz AlShamsi, Managing Director and Chief Executive Officer of Meedaf, said:

“Our collaboration with InDebted brings together deep local knowledge with cutting-edge global expertise in debt resolution. Together, we will provide financial institutions and their customers with solutions that are not only more efficient, but also empathetic and empowering, helping individuals regain control of their financial wellbeing while fostering sustainable growth across the sector.”

Josh Foreman, Founder and Chief Executive Officer of InDebted, added:

“Debt often crosses borders and creates complexities that many providers are unable to address. InDebted’s global reach uniquely positions us to meet these challenges and deliver meaningful solutions to organisations throughout the GCC. By combining our AI-powered solutions with Meedaf’s market expertise, we will set a new benchmark for debt resolution that prioritises dignity, choice, and positive outcomes for consumers and businesses alike.”

The agreement represents the second partnership on the Meedaf platform, following a joint venture with Brink’s earlier this year to provide cash and valuables management services to financial institutions in the UAE.

Featured image credit: InDebted