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Raqmiyat partners with Bluering to deliver Digital Lending solutions

By Leandra Monteiro

July 03, 2023

  • Bluering
  • Credit Automation
  • Credit Management
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Raqmiyat, Bluering Raqmiyat, a system integrator and digital enabler, and Bluering, a financial technology company that delivers Credit Automation and Credit Risk solutions to the global banking and financial sector, announced their strategic partnership to deliver Digital Lending Solutions to banks across the UAE and the Kingdom of Saudi Arabia.

The collaboration aims to revolutionise the lending landscape by leveraging innovative technology, enhance customer experiences, and streamline processes.

“We are excited to partner with Raqmiyat and leverage their expertise in the region,” said Mazen Ghossainy, Chief Operating Officer of Bluering. “Their deep understanding of the market and established relationships with key players will enable us to bring our digital lending solutions to a wider audience.”

As the financial landscape continues to evolve, banks are increasingly seeking ways to improve their lending processes, enhance operational efficiency, and deliver personalized customer experiences. The collaboration between Raqmiyat and Bluering addresses these challenges head-on, enabling banks in the UAE and KSA regions to leverage advanced digital lending solutions that streamline loan origination, underwriting, and disbursement processes while minimizing risk and maximizing profitability.

The Digital Lending Solutions offered through this partnership will empower banks to make data-driven decisions, automate manual processes, and provide a seamless borrower experience. Leveraging technologies such as artificial intelligence, machine learning, and data analytics, banks can gain deeper insights into customer behavior, improve credit risk assessments, and expedite loan approvals. The result is a more efficient lending process that accelerates time-to-market, reduces costs, and drives customer satisfaction.

“We are thrilled to partner with Bluering in bringing Digital Lending Solutions to banks in the UAE and KSA region,” said Bahaa Eddine Al Indary, General Manager at Raqmiyat. “This strategic alliance allows us to combine our strengths and expertise to deliver innovative technology solutions that will reshape the lending landscape. Together, we will empower banks to streamline their operations, enhance customer experiences, and drive business growth.”

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