Yuze, a fintech company based in the UAE and focused on small and medium enterprises (SMEs), has secured $30 million in funding from Osten Investments to support its expansion into new markets.
Yuze’s digital platform provides a range of financial services, including business accounts and card programs, aimed at small businesses, e-traders, and freelancers through collaborations with banks and financial institutions.
With this new investment, Yuze plans to extend its reach beyond the UAE, aiming to serve one million SMEs and professional clients over the next five years.
Rabih Sfeir, CEO of Yuze, stated, “This investment not only validates our mission but also enhances our ability to expand beyond the UAE and improve our offerings. Our goal is to remove the barriers that SMEs and independent professionals face in accessing financial services, and we are making significant progress towards that. We are working towards setting new industry standards and advancing financial inclusion for all.”