Yuze and Zand have joined forces to offer digital business accounts tailored for SMEs in the UAE.
Based in the UAE, Yuze is an AI-enabled digital business banking platform dedicated to serving commercial clients. It has partnered with Zand, another digital bank operating within the same region, to provide a comprehensive suite of services to small and medium-sized enterprises (SMEs), startups, and entrepreneurs.
Services and Tools
The collaboration will give eligible businesses access to International Bank Account Numbers (IBAN) accounts, digital banking tools, and business support services aimed at enhancing operational and financial management. The platform is designed to simplify the onboarding process for new clients, thereby speeding up the establishment of banking relationships.
The service targets SMEs that may struggle with traditional banking access, providing an alternative via digital channels. This partnership aims to cater to the needs of a substantial portion of the UAE’s economy—SMEs—which plays a crucial role in the country’s economic activities.
Banking services through this partnership are provided by Zand Bank PJSC, and they adhere to all regulatory requirements and eligibility criteria set forth by the financial institution.
