Yabx and Fintech Galaxy Partnership: Open Banking-enabled lending to boost financial inclusion in the MENA region

• The partnership aims to improve access to financial services for underserved segments in the MENA region through innovative digital lending solutions.
• Fintech Galaxy’s FINX Connect will streamline Yabx’s lending processes, enhance credit assessments, and speed up loan approvals.
• The use of FINX Connect is expected to improve operational efficiencies and recovery of debts by automating debit processes.
• The collaboration targets initial improvements in UAE, Saudi Arabia, Jordan, and Bahrain, with future expansion plans for North Africa.