From Digital Payments to Banking: 9 FinTechs Reshaping the UAE

Poulami Saha

Network International – Powering Digital Payments
Network International strengthens UAE payment infrastructure through merchant acquiring, payment processing, instalments and emerging digital-payment solutions.

Tabby – Transforming Consumer Finance
Tabby is expanding beyond BNPL after securing a UAE Stored Value Facilities licence for spending accounts, cards and money-management services.

Wio Bank – Redefining Digital Banking
Wio Bank is advancing digital banking with connected financial services, business solutions and participation in the UAE’s Open Finance ecosystem.

Careem Pay – Building Super-App Finance
Careem Pay integrates payments and financial services into the wider Careem ecosystem, making everyday digital transactions more convenient for UAE users.

e& money – Expanding Digital Wallets
e& money is strengthening digital payments, remittances and financial services, supporting the UAE’s transition toward increasingly cashless consumer transactions.

Ziina – Simplifying Digital Payments
Ziina offers digital payments, peer-to-peer transfers, payment links and QR-based services while advancing Pay by Bank through UAE Open Finance.

Mamo – Digitising Business Payments
Mamo focuses on business financial infrastructure, helping UAE companies streamline payment collection, payouts and other everyday financial operations.

PhonePe – Bringing Indian FinTech Innovation
PhonePe received UAE licences in September 2026, enabling local payment instruments and merchant e-payment infrastructure during its first international expansion.

Aani – Accelerating Instant Payments
Aani has surpassed 12.5 million users and connects 74 financial institutions, enabling fast account-to-account transfers across the UAE.

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