Deem Finance, part of the Gargash Group, has announced a strategic partnership with Biz2X, a global AI-powered lending platform, to expand data-driven embedded finance and help bridge the SME credit gap in the UAE.
Under the collaboration, Deem will integrate Biz2X’s AI-driven lending technology to roll out POS-based SME financing solutions. As a result, eligible merchants can access credit based on real-time sales and transaction data, rather than traditional balance-sheet assessments. This approach is intended to better reflect actual business performance and day-to-day cash-flow realities.
The initiative targets SMEs that are often underserved by conventional banking models, particularly those with seasonal or transaction-led revenues. Moreover, the solution offers a fully digital onboarding process, with credit decisions typically completed within 48 hours. Repayments are linked to sales performance, providing greater flexibility during slower trading periods.
Executives said the partnership supports fairer, more transparent financing while reinforcing Deem Finance’s commitment to responsible SME lending and the UAE’s broader economic growth objectives.
