UAE Fintech Yuze Lands $30 Million Investment to Expand SME Services

Yuze, a UAE-based fintech company specializing in services for small and medium-sized enterprises (SMEs), has secured $30 million in funding from Osten Investments. The company, known for its digital platform offering business accounts and card programs through partnerships with banks and financial institutions, plans to use the funds to expand into new markets.

Yuze aims to reach a million SMEs and professional customers over the next five years. CEO Rabih Sfeir emphasized that the investment validates their mission to break down financial barriers for SMEs and independent professionals, as they work towards setting new industry standards and advancing financial inclusion.

Source: Finextra