UAE-based digital business banking platform Yuze and AI- and blockchain-enabled digital bank Zand have partnered to offer digital business accounts to eligible SMEs, startups, and entrepreneurs across the UAE.
The collaboration is intended to provide businesses with accessible financial services.
These include fast onboarding, an IBAN account, digital banking products, and business management tools through Yuze’s platform.
The initiative also aims to support financial inclusion for underserved businesses. It seeks to offer innovative solutions within the evolving financial services sector.
“The SME sector is a key growth engine driving the UAE’s economy. We are excited to partner with Yuze to support the business banking needs of SMEs and startups across the UAE, with our innovative and client-centric digital banking solutions,”
said Michael Chan, CEO of Zand.
“At Yuze we believe that when banking becomes intelligent, businesses become limitless,”
said Rabih Sfeir, CEO of Yuze.
“Together with Zand, we are committed to providing customer-centric and next-generation banking services to businesses in the UAE.”
Featured image credit: Yuze
