Manama, Bahrain – Arab Financial Services (AFS), a leading digital payment solutions provider in the region, has announced a strategic partnership with Zand, the UAE’s first fully licensed all-digital bank. This collaboration aims to accelerate the growth of Fintechs and emerging financial players by providing them with access to AFS’s state-of-the-art payment processing services and Zand’s BIN sponsorship and banking facilities.
Through this partnership, Fintechs and other emerging companies will be empowered to issue prepaid cards and offer other innovative banking solutions, ensuring quick and seamless integration into the financial ecosystem. By leveraging AFS’s cutting-edge technology and Zand’s robust banking infrastructure, these players will be able to scale their offerings and deliver high-quality financial services with ease.
The collaboration marks a significant step forward in fostering innovation and financial inclusion within the UAE and beyond. Both AFS and Zand are committed to providing secure, efficient, and customer-centric solutions that support the growing demand for digital financial services in the region.
About AFS:
Arab Financial Services (AFS) is a regional leader in digital payment solutions, offering a wide range of services, including card processing, payment solutions, and digital banking. With a focus on innovation and technology, AFS helps businesses and financial institutions navigate the evolving financial landscape.
About Zand:
Zand is the UAE’s first fully licensed all-digital bank, offering a comprehensive suite of banking services designed to meet the needs of individuals, businesses, and Fintechs. Zand is dedicated to driving financial inclusion and digital transformation in the banking sector.
This partnership is poised to revolutionize the Fintech landscape in the UAE, enhancing access to cutting-edge financial services and supporting the growth of innovative financial solutions.
