{"id":12827,"date":"2025-08-05T08:29:58","date_gmt":"2025-08-05T08:29:58","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=27167"},"modified":"2025-08-05T08:29:58","modified_gmt":"2025-08-05T08:29:58","slug":"tarabut-secures-uae-central-bank-approval-for-open-finance-operations","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/tarabut-secures-uae-central-bank-approval-for-open-finance-operations\/","title":{"rendered":"Tarabut Secures UAE Central Bank Approval for Open Finance Operations"},"content":{"rendered":"

Tarabut, a Dubai-based open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE)<\/a>, following the introduction of the UAE\u2019s Open Finance regulation.<\/p>\n

This development marks Tarabut\u2019s third national regulatory license after Bahrain and Saudi Arabia and positions the company among the early movers in the region\u2019s open finance sector.<\/p>\n

With this latest approval, Tarabut becomes the first fintech in the region to operate under Open Finance frameworks in all three major Gulf economies.<\/p>\n

The company provides the underlying infrastructure for financial institutions, lenders, insurers, and digital platforms to access and utilise customer-permissioned financial data.<\/p>\n

Its technology supports services such as real-time credit decisioning, income verification, and personalisation of financial offerings by embedding these tools directly into partner platforms.<\/p>\n

Abdulla Almoayed, Founder and CEO of Tarabut, commented,<\/p>\n

\"Abdulla\u201cThis is a pivotal step forward for financial inclusion in the UAE and across the region. We\u2019re proud to partner with the Central Bank of the UAE to help realise the national vision for Open Finance. Tarabut\u2019s infrastructure delivers real-time, data-driven products \u2013 credit cards for the underserved, embedded SME financing, and more, driving real economic value and enabling access where it\u2019s needed most.\u201d<\/p>\n

Tarabut\u2019s systems have been implemented in a range of use cases across the region, including support for credit products for customers with limited credit histories, revenue-based SME financing, tools that reduce underwriting costs, and AI-led financial insights to enhance user experiences.<\/p>\n

These applications align with broader economic aims, including the promotion of entrepreneurship, improved credit access, and support for financial well-being.<\/p>\n

 <\/p>\n

Featured image credit: Tarabut<\/a><\/em><\/p>\n

The post Tarabut Secures UAE Central Bank Approval for Open Finance Operations<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tarabut, a Dubai-based open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE), following the introduction of the UAE\u2019s Open Finance regulation. This development marks Tarabut\u2019s third national regulatory license after Bahrain and Saudi Arabia and positions the company among the early movers in the […]<\/p>\n

The post Tarabut Secures UAE Central Bank Approval for Open Finance Operations<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175,343,206,344],"tags":[],"class_list":["post-12827","post","type-post","status-publish","format-standard","hentry","category-abu-dhabi","category-central-bank-of-the-uae","category-dubai","category-tarabut"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12827"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12827\/revisions"}],"predecessor-version":[{"id":12848,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12827\/revisions\/12848"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}