Yuze, an AI-powered digital business banking platform, and Zand a digital bank using AI and blockchain have partnered to offer digital business accounts to eligible SMEs and startups in the UAE.
Through this partnership, businesses can open accounts quickly and access easy-to-use digital banking services.
The goal is to make financial services more accessible by offering smart digital tools that help businesses manage and grow their operations.
“The SME sector is a key growth engine driving the UAE’s economy. We are excited to announce a strategic alliance with Yuze to support the business banking needs of SMEs and startups across the UAE, with our innovative AI and blockchain technologies and client-centric digital banking solutions,” said Michael Chan, CEO of Zand.
“At Yuze we believe that when banking becomes intelligent, businesses become limitless,” said Rabih Sfeir, CEO of Yuze. “Together with Zand, we are committed to providing customer-centric and next-generation banking services to businesses in the UAE.”
Zand is a licensed digital bank in the UAE, approved by the Central Bank of the UAE and rated BBB+ (investment grade) by Fitch Ratings. It uses AI technology and is built to support the digital economy.
Zand connects traditional banking (TradFi) with decentralized finance (DeFi), helping businesses and institutions move smoothly into modern digital finance.
The bank aims to transform financial services by using AI, blockchain, and customer-focused solutions to help corporate, fintech, institutional, and wealth clients grow in the digital economy.
Zand combines the speed and flexibility of a fintech company with the security and reliability of a fully licensed bank, empowering innovators and business leaders to build the future of finance.
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