UAE Fintech Qashio Launches AED 10 Million SME Support Initiative With Dubai Chambers

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Dubai-based spend management platform Qashio has announced a new initiative in collaboration with Dubai Chambers to inject structural support into the emirate’s business ecosystem. Dubbed “Qashio For You,” the program aims to deliver immediate financial relief and operational incentives to small and medium-sized enterprises navigating current economic pressures.

Quick Facts

  • Allocates AED 10 million in financial relief and bonuses.
  • The targeted support program runs until June 2026.
  • Provides eligible businesses with zero platform setup fees.

Easing Liquidity Pressures for Dubai SMEs

With SMEs accounting for over 95% of all companies in the UAE, the program is positioned as a community-first intervention to ease short-term cash flow burdens. Eligible businesses joining the platform will receive access with no initial setup costs and the option for deferred payments.

Depending on the selected tier, companies can earn up to 75,000 Qashio points. These rewards are highly liquid, allowing conversion into Skywards Miles through Emirates, Jumeirah ONE points, or immediate uncapped cashback to directly address working capital requirements.

Beyond capital relief, Qashio is building a dedicated channel to provide ongoing financial education. A structured series of webinars will guide founders through cost control, financial planning, and operational resilience.

Armin Moradi, Founder and CEO of Qashio, emphasized the pragmatic nature of the program.

“In challenging market conditions, access to liquidity, control, and tangible rewards while managing cashback can make a measurable difference to how businesses operate and come out on the otherside of this resiliently and stronger,” Moradi said. “‘Qashio For You’ is a reflection of our commitment to the Dubai business community not just as a service provider, but as a partner invested in their long-term success.”

Fueling Expansion and Regional FinTech Consolidation

The launch of the SME support fund follows a period of aggressive scaling for the startup. Throughout 2025, Qashio crossed several strategic milestones, expanding its physical footprint with a new Abu Dhabi office and growing its UAE workforce to over 100 employees.

The company also executed a significant cross-border move by entering the Saudi market through the acquisition of Sanad Cash, consolidating its presence in the GCC spend management sector. Concurrently, product development expanded with the launch of Qashio for Travel, a specialized platform tailored for travel agencies and TMCs dealing with high FX costs and payment fraud.

About Qashio

Qashio is a spend management platform designed to give finance teams real-time visibility and control over corporate spending. Through automation, unlimited corporate cards, policy-driven approvals, and a comprehensive global rewards program, the company helps businesses optimize transactions and reduce risk. Headquartered in Dubai, Qashio operates across the MENA region, Europe, and the UK.

Source: Zawya

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