Post by : Bianca
Haleem
Abu Dhabi, UAE –
Numou, a key player within the Abu Dhabi Global Market (ADGM) focused on supporting small and medium enterprises (SMEs), has revealed a new partnership with Abhi, an innovative neo bank in the region. This strategic alliance is set to revolutionize financial accessibility for SMEs by merging advanced working capital solutions with embedded financial services throughout the Numou ecosystem.
With this collaboration, SMEs engaged with Numou can expect enhanced and clearer access to liquidity, addressing common delays in receiving payments post-invoice issuance. By integrating Abhi’s cutting-edge digital credit assessment and lending technologies, the platform will facilitate faster credit evaluations and immediate fund disbursement. This initiative aims to empower SMEs to navigate operational needs, seize opportunities, and foster growth without the burden of cash-flow issues.
Mohamed Al Binali, General Manager of Numou, remarked on the importance of this collaboration:
“Teaming up with Abhi allows us to address a critical issue faced by SMEs—swift access to finance. This partnership aligns with our commitment to fostering a resilient, inclusive, and growth-oriented SME landscape across the UAE and beyond.”
Omair Ansari, Co-founder & CEO of Abhi, expressed the shared vision between the organizations:
“We believe that access to capital should be a catalyst for opportunity rather than a barrier. Our alliance with Numou embodies our joint commitment to empowering SMEs, the foundation of our regional economies. By integrating our digital lending framework within Numou’s platform, we are changing the landscape for businesses seeking financing—making it quicker, clearer, and more accessible. Together, we're setting the stage for every entrepreneur to realize their full potential.”
This joint initiative showcases both organizations' commitment to boosting SME competitiveness and fostering a vibrant economic environment across the region.
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