Yuze and Zand in Strategic Alliance to Empower SMEs in UAE

Yuze, a UAE-based AI-enabled digital business banking platform, and Zand, an AI and blockchain-powered digital bank in the UAE, have joined forces to provide digital business accounts to eligible SMEs and startups in the UAE.

This strategic alliance aims to make financial services easily accessible to eligible businesses through fast onboarding, digital banking solutions and advanced business tools to manage and grow their businesses.

“The SME sector is a key growth engine driving the UAE’s economy. We are excited to announce a strategic alliance with Yuze to support the business banking needs of SMEs and startups across the UAE, with our innovative AI and blockchain technologies and client-centric digital banking solutions,” said Michael Chan, CEO of Zand.

“At Yuze we believe that when banking becomes intelligent, businesses become limitless,” said Rabih Sfeir, CEO of Yuze. “Together with Zand, we are committed to providing customer-centric and next-generation banking services to businesses in the UAE.”

Banking services are provided by Zand Bank PJSC, subject to regulatory requirements and eligibility.