UAE-based MBME Group has entered into a strategic collaboration with Comera Financial Holdings, part of Abu Dhabi’s Royal Group.
The collaboration will focus on exploring opportunities in digital payments, financial services, and merchant solutions across the UAE, with a shared commitment to responsible and regulated financial innovation.
The engagement unites MBME Group’s established digital infrastructure and nationwide presence with Comera Financial Holdings’ financial services ecosystem. The shared objective is to identify areas of cooperation that enhance customer access, convenience, and innovation, while operating within applicable UAE regulatory frameworks.
Together, the parties will evaluate business, consumer, and merchant-focused use cases, including digital wallet services, payment acceptance, and access to regulated financial services through MBME’s network.
As part of this collaboration, Comera Pay, regulated by the CBUAE and part of the Comera Financial Holdings ecosystem, will also explore introducing Digital Gold investment capabilities through integration with MBME, enabling users to buy, sell, and hold gold within the Comera Pay app, supported by secure infrastructure, real-time pricing, and seamless liquidity.
MBME Group Expands Merchant Services with Comera’s Suite
Under the partnership, merchants within MBME’s network will gain access to Comera’s end-to-end product suite, encompassing POS terminals, SoftPOS, payment gateway, QR payments, and payment links, alongside business finance offerings including working capital solutions, invoice discounting, and merchant cash advance.
“Our collaboration with Comera Financial Holdings enables us to explore new opportunities to expand digital payment access and merchant enablement across the UAE,” said Abdelhadi Mohamed, Managing Director and Group CEO of MBME Group.
Akhtar Saeed Hashmi, Managing Director and Group CEO at Comera Financial Holdings, noted that, “This collaboration with MBME Group reflects our commitment to building responsible, regulated, and future-ready financial services that enhance everyday payment experiences.”
The MBME Group-Comera Financial collaboration highlights both organizations’ alignment with the UAE’s vision for digital transformation and financial innovation, with all initiatives being subject to regulatory approvals and legal requirements.
