UAE fintech startups Abhi and NymCard have announced a strategic partnership to help banks and licensed financial institutions deliver digital credit products to small and medium-sized enterprises faster.
The collaboration combines Abhi’s embedded finance solutions, including SME financing and Earned Wage Access, with NymCard’s payments infrastructure. Together, the platforms support key steps in the SME credit journey, from digital onboarding and loan origination to credit decisioning and disbursement.
The companies said the partnership can reduce the complexity of integrating multiple systems and give financial institutions a more unified foundation for launching and scaling SME credit offerings. For SMEs, the aim is to create a simpler path from application to accessing approved funds.
Both startups are members of the Hub71 community. NymCard joined through Cohort 3, while Abhi joined through Cohort 10.
Abhi said it has partnered with more than 25,000 companies. NymCard operates across 10 markets and works with more than 60 clients, according to the announcement. Headquartered in the UAE, NymCard provides infrastructure covering card issuing, lending, money movement, wallets, settlement, reconciliation and financial crime controls.
Source: Hub71
