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Fauree, UAE’s Leading Supply Chain Finance & Working Capital Solutions Provider, Joins SME Finance Forum

Washington D.C, March 12, 2025Fauree, UAE’s leading provider of supply chain finance and working capital solutions, has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. 
 
"The SME Finance Forum is delighted to welcome UAE’s leading provider of supply chain finance and working capital solutions. It is with great pleasure that I welcome Fauree to the SME Finance Forum. Fauree's commitment to empowering SMEs through transparent, efficient, and sustainable solutions will significantly contribute to our shared goal of supporting SMEs globally," said Qamar Saleem, Head of the SME Finance Forum.
 
Fauree is a leading provider of supply chain finance and working capital solutions, leveraging technology to boost efficiency and cut costs. Fauree's Supply Chain Finance, empowers SMEs through transparent, efficient, and sustainable solutions. The cutting-edge platform supports local suppliers, fortifies supply chains, and fosters economic diversification and workforce development. By offering superior financing options and enhancing cash flow, Fauree enables businesses to flourish and significantly contribute to broader economic and social ICV policy objectives. Their cloud-based platform provides real-time reporting and customizable workflows, optimizing financial operations and working capital management. With an extensive suite of services—including supply chain financing, receivable financing, distributor finance, dynamic discounting, and Sharia-compliant products—Fauree meets diverse industry needs on a global scale.
 
"Our motivation to apply for SME Finance Forum membership stems from Fauree's commitment to revolutionizing financial solutions for small and medium-sized enterprises (SMEs). At Fauree, we are dedicated to enhancing financial accessibility and efficiency through innovative fintech solutions, and joining the SME Finance Forum aligns perfectly with our mission and strategic goals," said Mr. Azhar Tasadduq, Co-Founder & CEO of Fauree.
 
SME Finance Forum: Innovation & Partnership for MSMEs Growth  
The SME Finance Forum, backed by G20 and IFC/World Bank, is the leading global network of 300+ members/affiliates operating in 190 countries. Network comprises of SME focused institutions providing and enabling finance and services- banks, non-banks financial institutions, fintech, payment platforms, development institutions, credit guarantee companies, insurers, investment funds, supply chain linked players, banking and SME associations, policy advocates, regulators, academia, consulting houses, knowledge aggregators.
  
Our member, affiliates, and associated stakeholders benefit from learning/replicating best practices from across the world, innovating new products for business growth, acquiring risk mitigation tools, establishing partnerships, attracting investors, and being recognized amongst a peer group of global innovators. Our products consist of “members only” solutions (like innovation hubs, solutions clinics, peer group networks, study tours, specialized tools and trainings, member portal repository, partnered initiatives) as well as public good services (200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event etc.)
 
Discover the SME Finance Forum members/affiliates: 
 
 
About Fauree
Fauree is a leading provider of supply chain finance and working capital solutions, leveraging technology to boost efficiency and cut costs. Fauree's Supply Chain Finance, empowers SMEs through transparent, efficient, and sustainable solutions. Their cutting-edge platform supports local suppliers, fortifies supply chains, and fosters economic diversification and workforce development. By offering superior financing options and enhancing cash flow, Fauree enables businesses to flourish and significantly contribute to broader economic and social ICV policy objectives. Their cloud-based platform provides real-time reporting and customizable workflows, optimizing financial operations and working capital management. With an extensive suite of services—including supply chain financing, receivable financing, distributor finance, dynamic discounting, and Sharia-compliant products—Fauree meets diverse industry needs on a global scale.
 
Learn more: 
Linkedin: Fauree
 

Participate in the 360tf SMEs Trade Finance Survey 2024 Edition

We are glad to announce the launch of the "360tf SMEs Trade Finance Survey 2024 Edition," in partnership with Middlesex University Dubai.
 
This survey is a unique opportunity for the SME community to voice their opinions and shape the future of SME trade finance in the UAE.
 
The survey aims to gather feedback and insights that will drive positive change in SME finance.
 
The findings will inform and guide future initiatives to support the SME sector and promote its growth in the UAE.
 
We kindly request you to take a few moments to complete the survey and share it with your members to ensure we gather a comprehensive range of perspectives.
 
Take the Survey Now: https://lnkd.in/gGT2Fu7M
 
 
Thank you for your time and contribution to this important initiative.
 
We look forward to your participation and valuable insights.
 
 
360tf is a Member of the SME Finance Forum.
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HPD LendScape Partners with Emirates Development Bank to Ease Business in UAE

We are proud to share that our member HPD LendScape has partnered with Emirates Development Bank (EDB) to launch UAE’s National Supply Chain Finance (SCF) platform. This initiative will offer UAE businesses improved access to working capital, particularly as they cope with the added pressures of the COVID-19 pandemic.
 
SCF solutions will enable suppliers to gain quicker access to money they are owed, while buyers will get more time to pay off their balances. The new platform will offer a simple, fast, and transparent way for bank lenders to onboard both buyers and suppliers. The initial phase of the project which offers a payables finance solution has now gone live. The next phase will provide a comprehensive suite of buyer and supplier centric SFC variations, including Islamic Finance products.
 
SCF has gone live in a record time frame of 4 months, it is fully implemented remotely and hosted locally by EDB. The National Supply Chain Finance platform is extensively configured to adapt to different regulatory environments and local market requirements, giving onboarded banks the ability to launch their own payables product variations and manage their custom buyer programs. HPD will also help EDB set up a new Centre of Excellence that will provide expert support to local funders.
 
The project is supported by the UAE Government and has been developed through a close collaboration between HPD LendScape, EDB, and the International Finance Corporation (IFC). 
 
 
 
 
HPD LendScape is the world’s leading software vendor for secured lending, including supply chain finance, invoice discounting, factoring and asset finance deployed by over 130 lenders across the UK, EMEA, North America, and APAC. Their clients include: HSBC, Deutsche Bank, Bibby Financial Services, ABN-AMRO, Attijariwafa Bank, Investbank of Jordan, QNB Alahli (Egypt), Société Générale Morocco, CIH Bank, Tradewind, FNB Finance Lebanon, and Banque Populaire Morocco

Emirates Islamic Bank Leverages Blockchain To Reduce Cheque Fraud

Emirates Islamic Bank has integrated blockchain technology into cheques to strengthen their authenticity and minimize potential fraud. Referred to as ‘Cheque Chain,” the bank, like others are looking at opportunities to increase efficiency, cut costs and improve customer services. New business opportunities are also presenting themselves, especially related to identity.

 

Clarity around the true value of blockchain in the financial industry is appearing. Some of the top areas include trade finance, cross-border payments and KYC/AML of applications for distributed ledger technology in financial services.

 

The Bank’s Cheque Chain is in its pilot stage, with more phases expected.

Fauree

Fauree is a leading provider of supply chain finance and working capital solutions, leveraging technology to boost efficiency and cut costs. Fauree's Supply Chain Finance, where we empower SMEs through transparent, efficient, and sustainable solutions. Our cutting-edge platform supports local suppliers, fortifies supply chains, and fosters economic diversification and workforce development. By offering superior financing options and enhancing cash flow, we enable businesses to flourish and significantly contribute to broader economic and social ICV policy objectives. Our cloud-based platform provides real-time reporting and customizable workflows, optimizing financial operations and working capital management. With an extensive suite of services—including supply chain financing, receivable financing, distributor finance, dynamic discounting, and Sharia-compliant products—Fauree meets diverse industry needs on a global scale.
Country / Region
Member Since
Organization Type
Contact Person Name
Azhar tasadduq
Contact Person Title
CO Founder & CEO
Contact Person Email
azhar@jawainvestment.com

Paymentology and Wio Bank PJSC Transform Banking Across the UAE

29 March, London: Paymentology, the leading global issuer-processor, has joined forces with Wio Bank PJSC, the region’s first platform bank, to power its innovative banking model with customer-centric card payment services.
 

Wio Bank PJSC is leveraging Paymentology’s industry leading in-cloud card issuing platform and data analytics capabilities to launch financial products quickly and at scale, as it empowers businesses and consumers with modern digital banking solutions.

 

Read the official press release to learn more.

28 Nov, 2022
Dubai
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