UAE Fintech Yuze Raises $30 Million Investment
Founded by Rabih Sfeir, Yuze provides business accounts for startups, micro and small businesses in emerging markets.
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UAE-based fintech firm Yuze, has secured $30 million in a funding round led by Osten Investments.
Founded in 2022 by Rabih Sfeir, Yuza provides financial services to startups, SME’s, e-traders, and freelancers. Yuze delivers a comprehensive digital platform offering business accounts, card programs, and other financial services to its clients through strategic partnerships with banks and financial institutions.
“This funding not only validates our mission but also enhances our ability to expand and improve our offerings,” Rabih Sfeir, CEO of Yuza, tells StartupScene. “We are dedicated to overcoming barriers and advancing financial inclusion for SMEs and professionals.”
This investment will drive Yuze’s expansion into new markets, with the aim of acquiring one million SME and professional customers over the next five years.
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Sep 08, 2024