NEOPAY, the leading digital payments and merchant services provider in the United Arab Emirates, has announced a strategic partnership with CredibleX, a licensed leader in embedded financing, to enhance access to working capital for small and medium-sized enterprises (SMEs) across the country. This initiative marks a significant step in NEOPAY’s mission to enable embedded financing solutions for this vital sector.
The partnership integrates CredibleX’s flexible financing solutions with NEOPAY’s advanced payment ecosystem, allowing merchants to obtain funding directly based on transaction data from point-of-sale systems and e-commerce channels. By leveraging real-time revenue flow insights from the NEOPAY platform, the collaboration streamlines credit assessments, accelerates approval processes, and provides SMEs with fast and easy access to capital for cash flow management, growth, and expansion.
Commenting on the partnership, Vibhor Mandada, CEO of NEOPAY, said:
“Our collaboration with CredibleX represents a major step forward in shaping the future of SME financing in the UAE. By integrating payments and lending into a single intelligent system, we are redefining how businesses access capital, fostering innovation, and driving sustainable growth across the region.”
Ahmed Malik, Co-Founder of CredibleX, added:
“This partnership with NEOPAY is a landmark in our mission to make embedded financing for SMEs more inclusive and accessible. Combining NEOPAY’s robust payment infrastructure with our specialized financing platform redefines how companies secure working capital, making funding faster, smarter, and simpler.”
The new partnership delivers a fully digital and seamless financing experience for NEOPAY merchants, enabling rapid fund disbursement. Using CredibleX’s advanced credit engine, financing solutions are tailored to each merchant’s cash flow and sales cycle, offering flexible repayment programs aligned with business performance.
Together, NEOPAY and CredibleX are creating a tangible impact by providing flexible working capital for SMEs and redefining the financing experience through the integration of payments and lending into a unified ecosystem. The collaboration fosters a connected digital environment that supports business growth and reflects the shared vision of both companies to empower entrepreneurship, promote financial inclusion, and lead the future of SME financing in the UAE.
