Mawarid Finance and AFS launch new innovative digital app

Mawarid Finance-AFS Partnership
Image Supplied | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), has launched a comprehensive digital application poised to redefine credit card issuance and management.

This pioneering initiative underscores a shared commitment to accelerating digital transformation and elevating the customer experience within the financial services landscape.

The newly introduced application represents a robust smart solution, offering a fully digitized journey from initial application submission and approval to card issuance and direct, real-time management via a smartphone.

This seamless process effectively eliminates the conventional necessity for branch visits or physical signatures, translating directly into considerable time savings and enhanced convenience for customers.

Commenting on this transformative development, Rashid Al Qubaisi, CEO of Mawarid Finance, stated that, “At Mawarid Finance, our core commitment revolves around delivering digital solutions that not only meet but exceed our customers’ expectations. This innovative platform is a testament to our relentless pursuit of empowering customers with secure, efficient, and exceptionally easy access to our comprehensive suite of products.”

Samer Soliman_AFS_Lune Technologies partnership
Samer Soliman
CEO – AFS

“This collaboration exemplifies a highly successful model of integration between established financial institutions and agile fintech companies. Together, we are meticulously crafting and delivering innovative digital experiences that not only adhere to rigorous global standards but also provide users with an intuitively seamless and highly secure financial journey.”

According to the statement, this pivotal launch is the direct outcome of a strategic agreement between Mawarid Finance and AFS, meticulously crafted to deliver advanced digital financial solutions. These solutions not only cater to the evolving needs of the local market but also align with prevailing global trends in financial technology.

The application empowers users to instantly and securely issue credit cards, seamlessly track transactions, and manage their accounts in real time, all fortified by state-of-the-art data protection and privacy technologies.

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