National Bank of Fujairah (NBF) has signed a Memorandum of Understanding with Numou, a UAE-based digital financing marketplace and subsidiary of ADGM.

The partnership aims to connect SMEs across the UAE with tailored financing solutions, covering areas such as account opening, guarantees, working capital, invoice financing and trade finance.

SMEs account for 94% of all businesses operating in the UAE, and their financing needs continue to evolve as they scale, diversify and enter new markets.

Through the partnership, NBF and Numou aim to help SMEs identify financing options aligned with their stage of growth, working capital requirements and long-term business ambitions.

NBF brings relationship-driven banking expertise to the partnership, while Numou contributes its digital financing marketplace. Together, the two organisations plan to explore support across working capital, invoice financing and trade finance, aiming to create a more connected financing experience for UAE businesses.

“At NBF, enabling SMEs and entrepreneurs is central to our role as a trusted banking partner,” said Adnan Anwar, Chief Executive Officer of National Bank of Fujairah. “We are creating more pathways for businesses to access capital efficiently by bringing together NBF’s relationship-driven banking expertise with Numou’s innovative digital capabilities.”

“This partnership with NBF reflects our shared commitment to supporting SMEs and improving access to financing across the UAE,” said Mohamed Al Binali, General Manager of Numou. “Through Numou’s digital financing marketplace, we are focused on helping businesses identify and secure financing options that best support their growth objectives.”

Numou already works with a network of partners including fintech lenders CredibleX, Erad, Klubwork, Ahbi, Zelo and FlapKap, alongside government programmes such as the Khalifa Fund for Enterprise Development’s Abu Dhabi SME Champions Program.The NBF partnership adds a relationship-driven banking partner to that network.

Featured image: Edited by Fintech News UAE based on an image by the National Bank of Fujairah via its Press Release.