<p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://www.ajmanbank.ae/site/files/A3A60844-8D21-4E22-9992-17B4A7336A04.jpeg" alt="" width="900" height="506" /></p>\r\n<p>Ajman Bank, one of the leading financial institutions in the MENA region, has announced a partnership with Yubi MENA to deliver seamless SME trade working capital, supply chain finance, and other value-added services to clients. The collaboration aims to expand SME market penetration by leveraging Yubi’s advanced technology platform & strong domain expertise.</p>\r\n<p>The Yubi Group is the world’s only technology company powering the end-to-end debt lifecycle. As part of this partnership, Yubi is activating its corporate loans & supply chain financing platform - Yubi Enterprise Credit Market for Ajman Bank. This enterprise financing marketplace enables seamless access to credit for businesses through a 100% digital & hassle-free process.</p>\r\n<p>The partnership announcement event was attended by Faizal Kundil, Head of Consumer Banking – Ajman Bank; Gaurav Kumar, Founder & CEO of Yubi; Jyoti Ranjan, Head of Business Banking – Ajman Bank; Mohammed Mardas, Head of Distribution – Ajman Bank; and Sivakumar Rajakkannu, Senior Vice President and Head of Yubi Enterprise Credit Market, MENA.</p>\r\n<p>Faizal Kundil, Head of Consumer Banking at Ajman Bank, stated, “Banks have to work with fintech firms rather than consider them competition. We are in the midst of a journey towards digital transformation, and this collaboration will enhance our SME finance offering to customers in that space.”</p>\r\n<p>Gaurav Kumar, CEO of Yubi, commented, “We are delighted to partner with Ajman Bank to power the SME ecosystem through cutting-edge technology and innovative financial solutions. Our mission is to make access to finance seamless and faster for SMEs, and this partnership marks a significant step towards achieving that goal in the UAE and beyond.”</p>\r\n<p>The collaboration reflects Ajman Bank’s commitment to empowering SMEs with advanced technological tools and greater access to finance, fostering a culture of innovation and fintech partnership in the region.</p>
