ADGM’s Numou announces expansion of lending partner network

ADGM's Numou expansion
Image Courtesy: WAM | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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Numou, a subsidiary of ADGM, Abu Dhabi’s international financial center, has unveiled a major expansion of its lending partner network, further solidifying its role as a pioneering digital lending marketplace.

The platform now features strategic collaborations with leading institutions, including the Khalifa Fund for Enterprise Development, and private credit providers such as Credible-X, Klubworks, and NymCard Payment Technologies.

This cutting-edge platform offers a seamless, fully digital application process, aiming to transform the financing landscape for small and medium-sized enterprises (SMEs) in the UAE. It empowers businesses to access a wide array of financial products while directly connecting them with lenders that best match their specific needs.

Arvind Ramamurthy_Aspen Digital IPA from ADGM
Arvind Ramamurthy
Chief of Market Development
ADGM

“Numou exemplifies ADGM’s commitment to empowering SMEs as a cornerstone of Abu Dhabi’s economy. By leveraging innovation and collaboration, this platform simplifies access to critical financing, fostering sustainable growth and strengthening the UAE’s position as a global hub for business and investment.”

To further enhance its offerings, Numou is actively expanding its network to include digital and traditional banks, ensuring SMEs have access to a broader range of financing options and innovative products. This growing network reflects Numou’s mission to deliver a one-stop solution for SME financing in the UAE.

Khalifa Al Zaabi, General Manager of Numou, stated that, “Numou is more than just a digital lending platform – it’s a transformative tool for SMEs to unlock their full potential. By bringing together a comprehensive suite of lending options on a single platform, we’re enabling businesses to access the capital they need to grow faster and more efficiently.”

“Numou is also a testament to Abu Dhabi’s commitment to supporting the SME sector. It complements various initiatives aimed at enhancing SME access to funding, market opportunities, capacity-building programs, and overall ease of doing business,” Al Zaabi added.

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