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 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.