Network International (Network), a fintech company operating across the Middle East and Africa, has formed a partnership with CredibleX, a working capital finance platform for SMEs, to expand access to financing for SME merchants in the UAE.
Under the partnership, CredibleX’s lending services will be available on Network’s digital lending marketplace, allowing SMEs to obtain loan offers through a fully digital process.
By using real-time transaction data, the marketplace aims to simplify credit assessment and speed up loan approvals, reducing paperwork and processing delays.
Through the platform, eligible SMEs can review financing options, receive loan offers from CredibleX, and complete the application and disbursement process within a single interface.
Jamal Al Nassai, Group Managing Director of Merchant Services, MENA at Network International, said:
“Our Digital Lending Marketplace is designed to give SMEs faster and easier access to financing through a fully digital and seamless experience.”
CredibleX CEO and Co-founder Anand Nagaraj said:
“Access to capital remains one of the biggest challenges facing small businesses, and our embedded lending model aims to address this by providing financial flexibility to support growth.”
