Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses

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Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses - TechCrunch

Quick Summary:

From a product standpoint, Ziina says it addresses three critical pain points for SMEs in the payments space: accessibility, cost transparency, and user experience.

And the UAE is one of the pioneers in that,” the CEO remarked.“If we at Ziina do our jobs correctly, which we’re quite excited about, we should be able to have 200,000 monthly active businesses on the platform four years from now, given the rise of SMEs in the UAE.

Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy.