Blockchain

Yuze Raises $30 Million in Funding Round Led by Osten Investments to Expand Globally

Yuze, a FinTech company headquartered in the UAE, has successfully secured $30 million in its latest funding round, with Osten Investments taking the lead.

This crucial capital infusion is set to propel Yuze’s plans to venture into new markets, aiming to serve one million SMEs and professional clients over the next five years.

Yuze offers a robust digital platform that provides business accounts, card programs, and a range of financial services through strategic collaborations with banks and financial institutions.

With this new funding, Yuze plans to broaden its reach beyond the UAE, tackling the challenges SMEs and freelancers face in accessing essential financial resources.

Rabih Sfeir, CEO of Yuze, underscored the importance of the investment, stating, “This funding not only affirms our mission but also strengthens our ability to expand and enhance our services.

We are committed to eliminating obstacles and promoting financial inclusion for SMEs and professionals.”

This funding round marks a significant milestone in Yuze’s development, building on prior investments that have reinforced its standing in the FinTech industry.

Osten Investments’ support underscores the promise of Yuze’s business model and its potential to establish new benchmarks in the sector.

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