Deem Finance, part of the Gargash Group, announced a strategic partnership with Biz2X, a global AI-powered lending platform, to expand data-driven embedded finance and bridge the SME credit gap in UAE. This collaboration will accelerate access to fast, flexible, and data-driven SME financing aligned with how businesses actually trade.
Through this partnership, Deem Finance will leverage Biz2X's AI-driven lending platform to introduce POS-based SME financing solutions, enabling eligible merchants to access credit based on real-time sales and transaction data rather than static balance-sheet assessments. This approach allows financing decisions to better reflect true business performance and day-to-day cash-flow realities.
For many small and medium-sized businesses in the UAE, access to working capital remains one of the biggest barriers to growth, particularly for merchants whose revenues are seasonal, transaction-driven, or not easily captured by traditional banking models.
