Dubai Chambers Partners with Four Fintechs to Expand SME Banking Solutions
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
The agreements with Mamo, Qashio, Pemo, and Vault aim to equip SMEs with innovative financial tools designed to ease operational pressures and support business growth.
Dubai Chambers has strengthened the SME community’s access to alternative and advanced banking services through new agreements with four fintech firms.
Memorandums of Understanding were signed with Mamo, Qashio, Pemo, and Vault to support small and medium-sized enterprises (SMEs).
The partnerships aim to help SMEs overcome operational and growth challenges by offering innovative financial solutions.
Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said, “This collaboration with fintech companies is a vital step in our mission to create a more dynamic and inclusive business ecosystem. By providing SMEs with direct access to advanced financial tools, we are actively removing barriers to growth and empowering them to scale with greater efficiency. This initiative aligns with our commitment to enhancing the competitiveness of the private sector and solidifying Dubai’s position as a leading global business hub.”
These collaborations will provide tangible benefits to the SME community. The partnership with Vault offers businesses competitive returns on idle funds, while Qashio and Pemo enable efficient spend management through instantly issued corporate cards. Mamo will allow SMEs to centralize financial functions by enabling seamless payment acceptance, spend management and access to credit.
The agreements with Mamo, Qashio, Pemo, and Vault aim to equip SMEs with innovative financial tools designed to ease operational pressures and support business growth.
Dubai Chambers has strengthened the SME community’s access to alternative and advanced banking services through new agreements with four fintech firms.
Memorandums of Understanding were signed with Mamo, Qashio, Pemo, and Vault to support small and medium-sized enterprises (SMEs).
The partnerships aim to help SMEs overcome operational and growth challenges by offering innovative financial solutions.
Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said, “This collaboration with fintech companies is a vital step in our mission to create a more dynamic and inclusive business ecosystem. By providing SMEs with direct access to advanced financial tools, we are actively removing barriers to growth and empowering them to scale with greater efficiency. This initiative aligns with our commitment to enhancing the competitiveness of the private sector and solidifying Dubai’s position as a leading global business hub.”
These collaborations will provide tangible benefits to the SME community. The partnership with Vault offers businesses competitive returns on idle funds, while Qashio and Pemo enable efficient spend management through instantly issued corporate cards. Mamo will allow SMEs to centralize financial functions by enabling seamless payment acceptance, spend management and access to credit.
