Post by : Bianca Suleiman
Abu Dhabi, UAE –
Numou, the SME advancement platform operating under Abu Dhabi Global Market (ADGM), has forged a strategic alliance with Abhi, a leading next-generation neo bank in the region. This partnership aims to revolutionize financial accessibility for small and medium enterprises (SMEs) by integrating cutting-edge embedded finance and sophisticated working capital solutions within the Numou ecosystem.
SMEs utilizing Numou will benefit from expedited and more transparent access to liquidity under this partnership—effectively addressing the delays often experienced between invoicing and payment receipt. By leveraging Abhi's innovative digital lending and credit-assessment technologies, the platform enables quicker evaluations of creditworthiness alongside swift fund disbursement. This initiative is designed to assist SMEs in fulfilling operational demands, seizing new opportunities, and fostering growth without the burden of cash flow issues.
Mohamed Al Binali, General Manager of Numou, highlighted the importance of this collaboration:
“Teaming up with Abhi allows us to confront one of the most enduring challenges for SMEs—timely access to finance. This collaboration reinforces our commitment to cultivating a resilient, inclusive, and growth-oriented SME ecosystem in the UAE and surrounding region.”
Omair Ansari, Co-founder & CEO of Abhi, emphasized the unified vision shared between the two entities:
“At Abhi, we believe that access to capital should unlock opportunities rather than limit them. Our partnership with Numou signifies our shared commitment to empowering SMEs, the backbone of our regional economies. By seamlessly integrating our digital lending framework into Numou’s platform, we are redefining the way businesses access financial resources—making it quicker, more transparent, and inclusive. Collectively, we aspire to cultivate an environment where every entrepreneur can realize their complete potential.”
This joint venture reinforces both organizations' commitment to boosting SME competitiveness and contributing to a more vibrant economic landscape across the region.
Traffic Control Measures Announced for A.R. Rahman Concert at IGI Stadium
Delhi Traffic Police introduces measures near IGI Stadium for A.R. Rahman's concert on Saturday even
Kim Woo-bin and Shin Min-a Tie the Knot After a Decade Together
Actors Kim Woo-bin and Shin Min-a celebrated their marriage in an intimate ceremony in Seoul, markin
Rohit Sharma Set to Play Initial Matches in Vijay Hazare Trophy for Mumbai
Rohit Sharma joins Mumbai’s squad for the opening two Vijay Hazare Trophy matches, spearheaded by Sh
Flight Disruptions at King Khalid International Airport
Friday's operations at King Khalid Airport in Riyadh were hampered by delays and cancellations due t
Kavem Hodge Achieves Second Test Century Against New Zealand
Kavem Hodge's unbeaten century leads West Indies to 381-6, evading follow-on against New Zealand in
Security Heightened in Bangladesh Following Youth Leader's Assassination
In response to the murder of youth leader Sharif Osman Hadi, Bangladesh elevates security measures a