The United Arab Emirates (UAE) has become a global fintech hub, impacting SMEs in the region.
Key fintech innovations supporting UAE SMEs include digital lending platforms, payment solutions, accounting and financial management tools, blockchain technology, and e-commerce platforms.
The UAE government has implemented initiatives to support SMEs and encourage fintech adoption, such as the SME Strategy 2030, Dubai SME, Fintech Hive, and funding programs.
The integration of fintech is transforming the landscape for UAE SMEs, providing access to finance and improving operational efficiencies.