back Back

Berg Money to launch a SME payments platform in the UAE

By Leandra Monteiro

November 23, 2022

  • Berg Money
  • Cross Border Payments
  • eCommerce Payments
Share

Berg Money, Berg Berg Money, a global payments provider, announced it will be introducing its SME FinTech platform in the UAE.

Berg’s platform enables small and medium-sized businesses to open accounts and transact in multiple currencies facilitating international trade, whilst cutting down on operating costs and foreign exchange charges.

UAE SMEs will be able to open an account and start using it within 24 hours of submitting their application. Berg’s account holders will be able to manage their finances fully online including the mobile app, allowing them to access multi-currency IBANs, make cross-border payments and manage employee cards.

“We are excited to offer our customers a better experience and improved service levels,” said Dennis Nemerov, Berg, CEO. “Our platform provides much-needed reliability and transparency for companies doing business internationally. Our value lies in the ability to remove hurdles when it comes to opening a business account and offering payment services at the fraction of the cost versus traditional banks and legacy providers. We aim to onboard and activate customers on the same day allowing them to start trading, pay and be paid by their suppliers and partners. All of this is now available through one mobile app and one dashboard to stay in control of your business finances.”

Targeting the growing eCommerce segment, Berg Money aims to deliver payments solutions that allow these customers to expand and scale their business internationally. Based on cloud architecture, accessible 24/7 Berg’s platform enables businesses to open business accounts, issue company debit cards and operate in multiple currencies at favourable exchange rate.

Previous Article

November 23, 2022

Paymob and Foodics partner to fuel digital transformation of Egypt’s F&B sector

Read More
Next Article

November 23, 2022

Lirium selected to power digital asset access in Sub-Saharan Africa

Read More










IBSi Daily News Analysis

Cybersecurity, AI, Chatbots

May 30, 2023

Berg Money

Are AI chatbots useful in fighting cyberattacks?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

REPAY integrates with Q2’s Digital Banking platform

Read More

Today

BKN301 brings QR payments on taxis in Georgia

Read More

Today

Kuwait International Bank launches Biometric Visa Card in Kuwait

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q1 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2023

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2023

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q1 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022