Numou has signed a partnership agreement with Comera Financial Holding (CFH) to expand financing and payment options for small and medium-sized enterprises (SMEs) in the UAE.

Under the agreement, CFH will offer working capital, supply chain finance, business accounts and digital payments on Numou’s online marketplace.

Numou, a subsidiary of Abu Dhabi Global Market (ADGM), links SMEs with lenders. CFH is part of Abu Dhabi’s Royal Group.

The partnership draws on three CFH businesses. Comera Finance provides business loans, and Comera Pay offers digital payments and merchant services. Comera Money focuses on supply chain finance.

Through these services, SMEs can fund stock purchases and supplier payments. They can also bridge the time between delivering goods or services and receiving payment.

CFH’s business accounts and payment tools are intended to help firms manage their daily finances.

“This partnership expands the options available through Numou, making it easier for UAE businesses to access the services they need through one platform,”

said Mohamed Al Binali, General Manager at Numou.

“SME growth depends on access to capital and the ability to put it to work. At Comera Financial Holding, we are bringing financing and payments together to support that journey, from securing an order to receiving payment,”

said Akhtar Saeed Hashmi, CEO, Comera Financial Holding.

The platform already works with National Bank of Fujairah on SME financing. Its lender network also includes fintech firms such as CredibleX, Erad and FlapKap.

Featured image: Edited by Fintech News UAE, based on image by Comera Financial Holding via LinkedIn and qaseemz via Magnific.