Tag "YAP"

Emirates Development Bank Now Offers up to AED 5 Million in Loans on Its App

Emirates Development Bank (EDB) announced a new lending feature offered in partnership with peer-to-peer (P2P) lending platform Beehive that allows SMEs to apply for loans of up to AED5 million (US$1.36 million) directly through its digital banking app and receive approval

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Dubai Neobank YAP Raises US$41 Million to Fuel Its Growth Plans

Dubai-based neobank YAP announced that it had raised US$41 million to fund its operations and growth. The latest investment comes from Saudi Arabia’s Aljazira Capital alongside notable investments from Abu Dawood Group, Astra Group, and Audacia Capital. YAP said that

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Neobank YAP Debuts as the First Independent Digital Banking Platform in the UAE

Dubai-based neobank YAP has launched as the first independent digital banking platform in the UAE according to Reuters. YAP said that more than 20,000 customers have pre-registered and the accounts will gradually go live in coming weeks. YAP has not

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