The digital landscape is evolving rapidly, and businesses today need more than just a payment solution. They need access to smart, flexible, and fast financing options to ensure they can grow, scale, and navigate the challenges of modern business operations. With our expertise in digital payments and CredibleX’s innovative financing solutions, this partnership is set to create a complete ecosystem that meets all the financial needs of SMEs in the UAE.
Together, Foloosi and CredibleX are building a platform that goes beyond just facilitating transactions – it’s about empowering businesses to have the financial resources they need to thrive in a competitive marketplace.
One of the key aspects of this partnership is that Foloosi merchants, especially those in retail, e-commerce, and service industries, will now have access to tech-enabled funding options. CredibleX is known for its smart financing solutions, which are designed to streamline financial operations and offer quick, easy access to funding. This will be a game-changer for businesses that often face the challenge of delayed payments or struggle to secure traditional loans.
The integration of CredibleX’s financing capabilities means that Foloosi merchants can now tap into faster funding options, allowing them to cover operating expenses, manage inventory, and invest in their growth without the usual wait times or paperwork associated with traditional financing.
One of the most common struggles SMEs face is managing cash flow. Payment delays can significantly impact a business’s ability to pay suppliers, employees, or cover other operational costs. With CredibleX’s financing solutions integrated into the Foloosi platform, we’re addressing this challenge head-on. This partnership will provide Foloosi merchants with the tools they need to enhance their liquidity and better manage their cash flow.
Having access to flexible financing means that businesses won’t have to worry about waiting for payments or struggling to manage their working capital. They can use the funds to ensure smooth business operations, invest in growth opportunities, or even buffer against unforeseen circumstances. This solution is designed to keep businesses afloat during tough times and ensure that they can continue to grow and succeed.
At Foloosi, we’re committed to helping businesses thrive – not just survive. This partnership with CredibleX will enable us to go beyond offering payment solutions and provide merchants with adaptable financial solutions that support sustainable growth. Whether it's expanding operations, hiring more staff, or investing in technology, businesses need capital to grow. With CredibleX’s smart financing, businesses can secure the funding they need to make confident decisions and scale up with ease.
This partnership aligns perfectly with our vision of creating an ecosystem where businesses can access both capital and the technology they need to succeed. It's not just about payments; it’s about helping businesses achieve their long-term goals, reduce financial stress, and create opportunities for growth.
We’d like to take a moment to express our gratitude to Mastercard and Hanane SBAI for their instrumental role in facilitating the introduction between Omar Bin Brek and Hassan Reda, which paved the way for this impactful collaboration. Their support has been invaluable, and we look forward to working with them in the future to further enhance the financial ecosystem for SMEs.
The UAE is home to a thriving community of SMEs, and as the country continues to diversify its economy, small businesses play a critical role in driving economic growth and job creation. This partnership between Foloosi and CredibleX is a step forward in ensuring that these businesses have access to the tools and resources they need to succeed.
The financial landscape for SMEs is often challenging, with many small businesses struggling to secure financing or facing long delays in payment. By providing access to faster, tech-enabled financing, Foloosi and CredibleX are helping businesses overcome these obstacles and unlock new opportunities. This partnership will create a strong foundation for sustainable growth in the SME sector and contribute to the UAE’s overall economic development.
As we look to the future, this partnership will continue to evolve, bringing more innovative solutions to Foloosi merchants. Our goal is to ensure that businesses of all sizes have access to the financing they need to thrive in the digital age. The combination of Foloosi’s payment infrastructure and CredibleX’s financing solutions will provide businesses with a complete toolkit to manage their financial operations, improve cash flow, and scale with confidence.
Together, Foloosi and CredibleX are shaping the future of SME financing in the UAE. This collaboration is just the beginning, and we are excited to explore new ways to support businesses and empower them to succeed. As we continue to innovate and grow, we’ll remain focused on our mission to provide SMEs with the tools and resources they need to build a brighter, more prosperous future.
At Foloosi, we’re always looking for ways to support businesses in the UAE. With this partnership with CredibleX, we’re excited to be part of a new chapter in the UAE’s SME ecosystem. This is just the beginning of a journey that will transform the way businesses access financing and manage their financial needs.
We’re confident that this collaboration will not only benefit Foloosi merchants but also contribute to the broader growth and success of SMEs in the UAE. Together with CredibleX, we’re shaping the future of business financing in the UAE.
Here’s to more growth, innovation, and success!
