The fintech ecosystem in the UAE has witnessed tremendous growth, with numerous companies revolutionizing payments, lending, wealth management, cryptocurrency, real estate, and more. Here, we explore some of the top fintech companies in the UAE across various sectors, shaping the future of financial services.
Payments and Lending
- Tabby
Tabby is a leading Buy Now, Pay Later (BNPL) platform that allows consumers to split their payments into installments without any interest. It’s rapidly gaining popularity for making online and in-store shopping more affordable and accessible.
Website: www.tabby.ai - Postpay
Another prominent BNPL service provider, Postpay enables customers to shop now and pay later without additional charges. Its seamless integration with retailers makes it a go-to for consumers looking for flexible payment options.
Website: www.postpay.io - Beehive
Beehive is a peer-to-peer lending platform that connects small and medium-sized enterprises (SMEs) with investors looking for higher returns. This fintech platform provides businesses with faster and more flexible funding solutions.
Website: www.beehive.ae - Cashew Payments
Cashew is a dynamic payment gateway offering installment solutions for consumers and businesses. It caters to the evolving needs of e-commerce by providing flexible payment terms.
Website: www.cashewpayments.com - Telr
A secure and innovative payment gateway, Telr provides end-to-end payment solutions for merchants across the UAE. It supports multiple currencies and payment methods, making it a vital fintech player.
Website: www.telr.com - NymCard
NymCard offers a complete payment infrastructure for fintech companies, enabling them to issue and process payments through physical and virtual cards.
Website: www.nymcard.com - Pyypl
Pyypl is a digital wallet and payment solution designed to make online and mobile payments easier, without needing a bank account or credit card.
Website: www.pyypl.com
Wealth Management and Investing
- Sarwa
Sarwa is a robo-advisory platform offering personalized investment solutions to individuals looking for an affordable and easy way to grow their wealth.
Website: www.sarwa.co - Wahed Invest
Wahed Invest provides Shariah-compliant digital investment opportunities, helping clients invest in a way that aligns with Islamic values.
Website: www.wahedinvest.com - Monami Tech
Monami Tech offers digital financial solutions, including investment advisory services and lending platforms, aimed at increasing access to financial services across the region.
Website: www.monamitech.com
Cryptocurrency and Blockchain
- BitOasis
BitOasis is the UAE’s first cryptocurrency exchange and wallet service, providing secure and easy access to buying, selling, and storing cryptocurrencies like Bitcoin and Ethereum.
Website: www.bitoasis.net - Jibrel Network
Jibrel Network is a blockchain platform designed to digitize traditional financial assets, making them easily transferable and tradeable over the blockchain.
Website: www.jibrel.network - Huobi
A global leader in cryptocurrency exchanges, Huobi allows users in the UAE to trade a wide range of digital assets and manage their cryptocurrency portfolios.
Website: www.huobi.com
Banking and Lending
- Yap
Yap is a digital banking platform that offers a suite of financial tools, from spending analytics to virtual cards, helping users manage their money digitally.
Website: www.yap.com - Qlub
Qlub provides digital banking and lending solutions, streamlining financial transactions for individuals and businesses in the UAE.
Website: www.qlub.com - NOW Money
NOW Money focuses on providing mobile banking services to migrant workers, giving them access to accounts, transfers, and remittance services with low fees.
Website: www.nowmoney.me
Real Estate and Proptech
- Property Finder
Property Finder is a leading online real estate marketplace in the UAE, connecting buyers and renters with property owners and brokers.
Website: www.propertyfinder.ae - Huspy
Huspy is revolutionizing real estate financing by offering an online platform that simplifies the mortgage process for home buyers.
Website: www.huspy.com
Insurtech
- Bayzat
Bayzat combines insurance with HR solutions, offering companies the ability to manage employee health insurance and benefits all in one platform.
Website: www.bayzat.com
Open Banking and APIs
- Tarabut Gateway
As the UAE’s first regulated open banking platform, Tarabut Gateway provides seamless API access for fintech companies and financial institutions, driving the open banking revolution.
Website: www.tarabutgateway.com
Conclusion
The UAE is emerging as a global hub for fintech innovation, with companies like Tabby, Sarwa, BitOasis, and Yap leading the charge. From payments and lending solutions to wealth management and blockchain, these fintech companies are transforming the financial landscape in the UAE, providing consumers and businesses with more accessible, efficient, and secure financial services.
As the sector continues to grow, the UAE is set to become a central player in the global fintech scene.