Dubai, UAE – Yuze, a UAE-based FinTech company specializing in financial services for SMEs, e-traders, and freelancers, has successfully raised $30 million in a recent funding round led by Osten Investments. This substantial investment is set to drive Yuze’s ambitious expansion plans, with the company aiming to serve one million SME and professional customers within the next five years.
Yuze offers a comprehensive digital platform that provides business accounts, card programs, and other essential financial services through strategic partnerships with leading banks and financial institutions. With this new funding, the company is poised to extend its services beyond the UAE, tackling the significant challenges faced by SMEs and independent professionals in accessing vital financial resources.
Rabih Sfeir, CEO of Yuze, emphasized the strategic importance of this investment, stating, “This funding not only validates our mission but also strengthens our ability to expand and enhance our offerings. We are committed to breaking down barriers and advancing financial inclusion for SMEs and professionals.”
This funding round marks a pivotal moment in Yuze’s journey, building on previous investments that have solidified its position as a key player in the FinTech sector. The support from Osten Investments underscores the potential of Yuze’s innovative business model and its capacity to set new industry standards.
With this latest infusion of capital, Yuze is well-positioned to accelerate its growth and continue its mission of empowering SMEs and professionals across new markets.
