17 Aug, 2024
NOW Money, a fintech focused on providing banking and payroll solutions to the underbanked migrant population in the Middle East, has entered into new partnerships with Commercial Bank International (CBI) and Network International. These partnerships aim to advance financial inclusion in the UAE by enhancing the security, efficiency, and innovation of digital banking services for low-income workers.
The collaboration with CBI will enable NOW Money to offer more comprehensive banking solutions through CBI’s robust infrastructure, while Network International’s payment solutions will improve the speed, reliability, and security of transactions. These strategic alliances are designed to bolster NOW Money’s operational efficiency and scale its offerings to meet the growing demand for sophisticated digital financial services in the region.
Both partnerships align with NOW Money’s mission to empower the unbanked population by providing them with essential financial tools and resources. This move also supports the UAE’s broader vision of becoming a leading financial services hub. Through these partnerships, NOW Money is well-positioned to continue its work in promoting financial independence for migrant workers and expanding its impact across the region.
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