Numou and Abhi Join Forces to Enhance SME Financing

Abu Dhabi, UAE –

Numou, the SME growth platform associated with Abu Dhabi Global Market (ADGM), has formed a strategic alliance with Abhi, a leading next-generation neo bank in the region. This partnership is set to revolutionize the financing landscape for small and medium enterprises (SMEs) by integrating innovative embedded finance and robust working capital solutions within the Numou ecosystem.

With this partnership, SMEs leveraging Numou will experience faster and more transparent access to liquidity, thus addressing issues related to slow invoice payments. By employing Abhi’s advanced digital lending and credit assessment technologies, SMEs can quickly ascertain creditworthiness and receive funds promptly. This initiative is focused on enabling SMEs to meet their operational requirements, seize new business opportunities, and grow without cash flow interruptions.

Mohamed Al Binali, General Manager of Numou, underscored the importance of this partnership:
“Collaborating with Abhi allows us to confront a major challenge faced by SMEs—delayed access to financing. This synergy enhances our vision of nurturing a resilient, inclusive, and growth-oriented SME environment in the UAE and the wider region.”

Omair Ansari, Co-founder & CEO of Abhi, expressed the shared goals of both entities:
“At Abhi, we advocate that access to capital should foster opportunity rather than hinder it. Our alliance with Numou represents a shared dedication to empowering SMEs, a crucial component of regional economies. By integrating our digital lending solutions with Numou’s platform, we are redefining the way businesses access financial resources, making the process more efficient, transparent, and inclusive. Together, we aim to cultivate an environment for entrepreneurs to reach their maximum potential.”

This joint endeavor reaffirms both organizations' commitment to enhancing the competitiveness of SMEs and fostering a vibrant economic climate across the region.