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Deem Finance partners with Yusr to boost UAE fintech sector

The new alliance, announced on May 18, 2026, will roll out digital payment tools and support the UAE’s cash‑free vision.

By ABU DHABI1 min read

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Deem Finance partners with Yusr to boost UAE fintech sector
Cover photo: DΛVΞ GΛRCIΛ
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  • 1Deem Finance and Yusr have formed a partnership to launch new digital payment tools in the UAE.
  • 2The alliance aims to support the cash‑less vision and boost access to credit for SMEs.
  • 3Future expansion plans include rolling out services to other GCC markets by the end of 2026.

Deem Finance announced a partnership with Yusr on Monday, May 18, 2026, to expand fintech services across the United Arab Emirates. The collaboration aims to bring new digital payment solutions to businesses and consumers, reinforcing the country's push toward a cash‑free economy.

What the Deem Finance‑Yusr Partnership Entails

The two firms will combine Deem Finance’s lending platform with Yusr’s payment gateway technology. Together they plan to launch a suite of services that let merchants accept contactless payments, issue instant credit, and manage cash flow through a single dashboard. The joint offering is set to roll out in Abu Dhabi and Dubai by the end of the third quarter.

How the Alliance Supports UAE’s Digital Economy

By joining forces, Deem Finance and Yusr add depth to the UAE’s growing fintech ecosystem. Their combined reach will help the Central Bank’s cash‑less target by encouraging more retailers to adopt electronic transactions. The partnership also aligns with the nation’s strategy to attract foreign investment in technology‑driven financial services.

Opportunities for Local Start‑ups and SMEs

Small and medium‑size enterprises stand to benefit from faster access to credit and streamlined payment processing.

Future Plans and Regional Outlook

Both companies see the partnership as a stepping stone toward a broader regional network that could link fintech providers across the GCC.

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Written by

Julie Ann Sotto Buere

Reporting from Abu Dhabi — independent, on the ground, and built on local sources.