NEO PAY, the UAE’s leading digital payments and merchant solutions provider, has announced a strategic partnership with Biz2X, a global fintech platform renowned for its AI-first technology that has powered over US$32 billion in SME lending worldwide. This collaboration is set to unlock embedded financing for small and medium-sized enterprises (SMEs) across the UAE.
By integrating Biz2X’s advanced AI-powered lending engine into its merchant ecosystem, NEO PAY will create a dynamic marketplace for lenders and borrowers. The new platform will facilitate real-time credit decisioning, offer tailored financing solutions, and significantly accelerate loan disbursement, all embedded directly within the NEO PAY interface.
Accelerating SME Lending with AI
The partnership aims to transform the often lengthy and complex process of securing business loans. For merchants on the NEO PAY platform, the new solution offers a seamless financing experience powered by digital onboarding, with loan approvals possible in as little as 48 hours.
The embedded Biz2X AI engine analyzes NEO PAY’s rich transaction data to ensure that each merchant receives financing offers tailored to their unique cash flow and sales cycle. This data-driven approach not only speeds up the process but also enhances the accuracy of credit assessments, making financing more accessible.
A New Marketplace for Lenders and Borrowers
Lenders joining NEO PAY’s platform will gain access to a verified and rapidly growing base of SME merchants, each with comprehensive transaction histories that strengthen creditworthiness. The integration of Biz2X’s AI technology dramatically reduces customer acquisition costs by pre-qualifying businesses and streamlining the entire lending journey from application to disbursement.
“NEO PAY is committed to building a thriving financial ecosystem for SMEs in the UAE,” said Vibhor Mundhada, CEO at NEO PAY. “This partnership with Biz2X allows us to transform how small businesses access capital, making lending faster, smarter, and more inclusive. By combining our rich transaction data with Biz2X’s AI capabilities, we are simplifying lending journeys for both merchants and lenders and enhancing the payments landscape across the UAE.”
Rohit Arora, CEO and Co-Founder of Biz2X, echoed this sentiment. “Biz2X is proud to join forces with NEO PAY to reshape SME financing in the UAE. Our mission is to make access to credit frictionless for small businesses globally. Our AI-powered platform will enable NEO PAY merchants to access capital faster and more efficiently, helping them scale with confidence. Together, we are building a smarter, more inclusive financial future for SMEs.”
About NEO PAY
NEO PAY is the UAE’s leading digital payments provider, offering secure, scalable, and data-driven solutions for merchants across industries. With in-house processing capabilities and deep data insights, NEO PAY enables seamless integration and customized financial services for SMEs and large enterprises alike.
About Biz2X
Biz2X is a global SaaS platform that enables financial institutions to provide a customized, AI-powered online lending experience. With a strong presence in the United States, MENA, and India, Biz2X is transforming the lending landscape with scalable, automated, and intelligent AI-driven lending technology.
Source: Zawya
