Mastercard Partners with CredibleX to Enhance SME Access to Financing

Mastercard has teamed up with CredibleX to provide small and medium enterprises (SMEs) with improved access to financing. As part of this new partnership, Mastercard’s Small Business Credit Analytics (SBCA) will be integrated into CredibleX’s embedded financing platform. This collaboration marks the first use of the product in the region and equips CredibleX with advanced, data-driven insights drawn from anonymized and aggregated transaction data, simplifying and enhancing the financing process for SMEs.

SBCA, a Mastercard-developed tool, delivers powerful, data-backed insights (with the business’s consent) to help lenders assess the financial health and retail sales of small businesses. These metrics offer valuable performance data that improve the ability to evaluate key aspects of a business’s financial situation. This collaboration with CredibleX will enable more informed lending decisions, reduce underwriting time, and improve risk management.

Beyond improving credit access, this partnership plays a crucial role in promoting financial inclusion for SMEs across the UAE. Many small businesses face challenges in securing traditional financing due to limited credit history or lack of formal documentation. With the SBCA insights, CredibleX can perform a more comprehensive financial assessment, allowing SMEs to access better loan terms and higher credit amounts. This collaboration unlocks growth opportunities for SMEs, supporting the UAE’s economic diversification goals and reinforcing its position as a hub for innovation and entrepreneurship.

“Partnering with CredibleX is a significant step in Mastercard’s ongoing commitment to supporting the SME ecosystem in the UAE,” said Selin Bahadirli, EVP, Services, EEMEA, Mastercard. “SBCA is a revolutionary tool that provides invaluable insights into small business performance. Together, we’re empowering SMEs with better credit access, improved loan terms, and greater growth opportunities.”

Hassan Reda, Co-Founder and Chief Product Officer of CredibleX, shared, “This partnership demonstrates our shared vision of advancing financial inclusion and innovation. By combining our lending expertise with Mastercard’s advanced analytics, we are setting a new standard for data-driven SME financing in the region.”