Two financial tech companies, Deem Finance and Airpay, just partnered up to tackle a major problem for small businesses in the UAE. Their goal is to provide easier access to capital, which they call purpose-powered liquidity, by embedding loan options directly into AirPay's payment platform. This targets the huge SME sector that makes up over ninety-four percent of local companies, but often gets stuck with outdated, inflexible credit checks.
The model focuses on cash flow-based lending instead of just historical balance sheets. Airpay will refer qualified small businesses from its network, which supports over a hundred sixty payment methods, to Deem for short-term financing. The idea is to offer loans that match a company's actual daily turnover cycles, letting owners grab quick opportunities or handle rough patches without jumping through traditional banking hoops.
Executives from both sides called it a human-centered approach, using tech to remove barriers for entrepreneurs. They emphasized responsible finance and a shared performance model to keep the portfolio healthy. This collaboration aims to support the UAE's broader vision for a diversified digital economy by giving the builders of tomorrow's businesses the fluid capital they need to grow.
The model focuses on cash flow-based lending instead of just historical balance sheets. Airpay will refer qualified small businesses from its network, which supports over a hundred sixty payment methods, to Deem for short-term financing. The idea is to offer loans that match a company's actual daily turnover cycles, letting owners grab quick opportunities or handle rough patches without jumping through traditional banking hoops.
Executives from both sides called it a human-centered approach, using tech to remove barriers for entrepreneurs. They emphasized responsible finance and a shared performance model to keep the portfolio healthy. This collaboration aims to support the UAE's broader vision for a diversified digital economy by giving the builders of tomorrow's businesses the fluid capital they need to grow.
