National Bank of Fujairah (NBF) has teamed up with Finesse Global, an AI-driven digital transformation and system integration company, to bolster the UAE’s technology sector. The partnership, formalised through a Memorandum of Understanding (MOU), introduces tailored financing solutions aimed at facilitating businesses’ digital transformation journeys. This collaboration will enable Finesse Global to offer more flexible financing terms to a wider range of clients, including both large institutions and small to medium enterprises (SMEs) across various industries.
Partnership to Support Digital Transformation
The alliance between NBF and Finesse Global seeks to meet the growing demand for scalable, sustainable digital transformation solutions. By combining NBF’s sector-specific financial expertise with Finesse’s deep knowledge of AI, automation, cloud computing, and cybersecurity, the two companies aim to help businesses optimise operations, enhance data strategies, and improve customer experiences.
According to Sunil Paul, Managing Director and Co-Founder of Finesse Global, the partnership is designed to provide businesses with much-needed flexibility when it comes to financing their digital transformation projects. “In a move to strengthen support for the technology ecosystem, Finesse and NBF have entered a partnership to deliver dedicated system integrator financing,” he explained. “This will enable us to offer flexible terms to end-users and allow NBF to tap into Finesse’s extensive experience.”
Benefits for Large Organisations and SMEs
The collaboration aims to provide businesses of all sizes with the financial tools to accelerate their digital transformation. Rehan Ali, Head of Business Banking at NBF, emphasised that this partnership underscores the bank’s ongoing commitment to supporting tech innovators and leaders in the UAE. “By joining forces with Finesse Global, we are expanding our financing solutions to empower businesses of all sizes to accelerate their digital transformation journeys,” Ali said.
This partnership could have far-reaching implications for both large enterprises and SMEs. The enhanced financing options available will make it easier for organisations to invest in advanced technologies that improve efficiency, security, and customer engagement. As the UAE continues to drive digital transformation across sectors, initiatives like this are crucial in supporting long-term growth and development.
Empowering Businesses in the UAE
Through their combined efforts, NBF and Finesse Global are set to make it easier for businesses across the UAE to embark on digital transformation projects with the right financial backing. This partnership also represents a significant step in strengthening the UAE’s position as a regional leader in technology and innovation. For more information on how these two companies are driving digital change, visit National Bank of Fujairah or Finesse Global.
In light of this collaboration, businesses seeking to accelerate their digital strategies may look to similar initiatives, such as the UAE government’s recent approval of new AI projects aimed at fast-tracking the nation’s digital transformation here.
