September 7

MyZoi Raises $14 Million to Bolster Financial Inclusion Among Low-Income Migrant Workers

myZoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked, has raised USD 14 million from SC Ventures and SBI Holdings, as it obtains two regulatory licenses from the Central Bank of the UAE. These achievements mark a significant milestone in myZoi’s mission to enable, digitise and simplify access to essential financial services for over 5 million1 low-income migrant workers in the United Arab Emirates (UAE) and beyond.

Photo courtesy of Monito.

Source: Fintech Finance News (link opens in a new window)

Finance, Technology
digital inclusion, financial inclusion, fintech, remittances