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FinTech in UAE: Banked or unbanked, now all residents can spend, transfer money online

‘Buy now, Pay later’, transferring money to friends, instant credit – anything is possible ....

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FinTech in UAE: UAE residents now have new ways to spend and save money

Dubai: Sit on your couch, and pay off your bills, save some money, invest those savings, do some interest-free installment shopping, and while you’re at it, don’t forget to pay your friend back for that lunch. The coronavirus pandemic economically crippled many individuals and businesses, but it also gave rise to a number of companies who offered people in the UAE exactly what they needed in that hour – easier, contactless, budget-friendly ways to handle and spend money, right from home.
Financial services integrated with the latest technology for automation, or FinTech, has been around for some time – if one considers everything starting from the world s first ATM in 1967. However, the coined term itself became very popular in only the last couple of decades, with the internet, the smartphone age, and everything that came after that. ....

New York , United States , United Arab Emirates , Gulf News , Abu Dhabi , Abuz Aby , United Kingdom , Jammu And Kashmir , Ash Shariqah , Anushcha Iqbal , Ziyaad Ahmed , Sarah Toukan , Bryan Stirewalt , Raja Al Mazrouei , Fintech Abu Dhabi , Rashid Al Maktoum , Faizal Toukan , Lulu Group , Sharjah Entrepreneurship Centre , Central Bank , National Innovation Strategy , Money Services Regime , Financial Services Regulatory Authority , Member Of The Abu Dhabi Executive Council , Dubai Economic Department License Renewal , American University Of Sharjah ,