Tunisia Weekly
No Result
View All Result
  • Register
  • Login
  • About Us
  • Contact Us
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
Submit a News Release
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
No Result
View All Result
Tunisia Weekly
Submit PR
Home Middle East

Yuze is Offering the Right Business Accounts to the Majority of MSMEs

Joseph Nchor by Editorial Staff
December 5, 2022
in Middle East
Yuze is Offering the Right Business Accounts to the Majority of MSMEs
Share on FacebookShare on Twitter


Yuze Digital Limited

Dubai, UAE – (ARAB NEWSWIRE) — There is a lot of talk in the market concerning financial inclusion in the fintech world. But who is really taking into consideration the real needs of the majority of MSMEs or even that of licensed freelancers?

What are the barriers that these MSMEs are facing? Is it non-acceptance, high transaction costs, financial illiteracy, or lack of confidence in the financial system?

In the recent years, micro, small, and medium-sized enterprises (MSMEs) and licensed freelancers have been on the rise and have been highlighted to be one of the most important contributors for economic growth.

Yet, most of the financial players in the market did not quickly adapt to the business needs of these entities and were not flexible enough to offer the majority of them affordable financial products and services; including but not limited to basic day-to-day transactions, payment services, saving schemes, credit facilities, and insurance.

When asked about this subject, Rabih Sfeir, Founder and CEO of Yuze said: “There is no doubt that both financial institutions and MSMEs have different points of views that are both correct, seen from each of their own perspectives.

MSMEs are perceived as risky, due to lack of credit history, unavailability of proper accounting practices, cash-based operations, and lack of tangible assets.

Financial institutions have limited their exposure and increased their cost of servicing. FinTechs are playing a big role in bridging the gap and offering tools to MSMEs that would in return increase the appetite for additional support by financial institutions.”

Sfeir added: “We have created Yuze based on our understanding of financial inclusion and the current gap in the market. We will keep you posted for what is coming next!”

Yuze Digital is a financial technology platform that spotted this gap in the market, and with the support of its financial partners, is here to serve the majority of MSMEs and freelancers.

Yuze provides simple, compliance friendly yet useful products, services, and tools with an easy app interface supported by a team of professionals to answer any customer query.

About YUZE Digital

YUZE is a financial technology platform and not a bank. Yuze is bringing easy business banking solutions to small businesses, e-traders, and freelancers to help them run the financial aspect of their business efficiently and with ease.

YUZE also aims to give back to the community by actively supporting start-ups and entrepreneurs, so they can take their first steps towards financial independence.

Media Contact:
Yuze Digital Limited
Rabih Sfeir
contactus@yuzedigital.com
Tel: +9714 2669247
www.yuzedigital.com

This press release is issued through Arab Newswire (www.arabnewswire.com) – a newswire service for Arab World, Middle East and North Africa (MENA), and it is distributed by EmailWire™ (www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results™.





Source link

Tags: cash-based operationscredit facilitiesDubaiFinancial institutionsFintechhigh transaction costsinsuranceMSMEsOnline paymentpayment servicesRabih Sfeirsaving schemestransactionsUAEYuze Digital Limited
Previous Post

Yuze is Offering the Right Business Accounts to the Majority of MSMEs

Next Post

Medical Device Cleaning Market worth $2.9 billion by 2027

RECOMMENDED NEWS

Batter & Breader Premixes Market is Expected to Grow $3.8 billion by 2028

Clinical Decision Support Systems (CDSS) Market worth $2.5 billion by 2028

1 year ago

10 Best Things To Do In Sidi Bou Said, Tunisia’s Santorini

2 years ago

Post-harvest Treatment Market is Expected to Grow $2.7 billion by 2028

2 years ago
Albumin & Creatinine Tests Market: Integrated and automated systems for overall urine analysis

Albumin & Creatinine Tests Market: Integrated and automated systems for overall urine analysis

2 years ago

BROWSE BY CATEGORIES

  • Africa
  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Releases
  • Technology

POPULAR NEWS

  • VideoMost Awarded 2023 Excellence Award by INTERNET TELEPHONY Magazine

    VideoMost Awarded 2023 Excellence Award by INTERNET TELEPHONY Magazine

    0 shares
    Share 0 Tweet 0
  • Tunisia unveils economic plan betting heavily on private investment

    0 shares
    Share 0 Tweet 0
  • Global Asia-Pacific Polypropylene Terephthalate Market is projected to reach the value of $11.52 Billion by 2030

    0 shares
    Share 0 Tweet 0
  • Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

    0 shares
    Share 0 Tweet 0
  • Global APAC Electrical Insulation Materials Market is projected to reach the value of $4.29 Billion by 2030

    0 shares
    Share 0 Tweet 0

About Us

Tunisia Weekly™ reports and aggregates business, socio-economic, Tech and industrial news on Tunisia,Africa and the Middle East.

We provide press release distribution to media outlets in Tunisia, other countries in the Arab World, the Middle East and Africa (MEA). Submit a press release or contact us today.

Categories

News

Business

Finance

Technology

Lifestyle

AFRICA

Middle East

Press Releases

Recent News

Recent Posts
  • تُقدّم TELESIN ابتكاراتها في إكسسوارات الهواتف الذكية وكاميرات الأكشن خلال معرض CABSAT 2025 في دبي
  • How Health Insurance Promotes Work-Life Balance
  • WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.
  • Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.

Subscribe to Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Register
    • Login
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Africa
    • Middle East
    • Press Releases
    • About Us
      • Contact Us

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC