LiaPay UAE launch marks a new step in digital finance. Liabify and Mawarid Finance roll out the prepaid Platinum Mastercard for middle-income workers. The card offers early salary access and daily financial tools.
Partnership Details
Liabify, a fintech firm under Dubai Founders HQ, teams up with Mawarid Finance, a Sharia-compliant lender in the UAE. Mawarid Finance handles regulation and compliance. Liabify builds the digital platform and tech backbone.
The LiaPay UAE launch targets workers who need flexible cash options. Users access part of their earned wages before payday through the app. This earned wage access cuts reliance on high-cost loans.
Key Card Features
LiaPay provides instant account setup and digital services. Customers send remittances, make instant payments, and handle routine transactions. The platform stresses secure, simple finance management.
As a Platinum Mastercard, LiaPay works across payment networks. AI powers some features for real-time liquidity. All services stay within Sharia rules and UAE oversight.
Leader Statements
Rashid Al Qubaisi, CEO of Mawarid Finance, notes the focus on accessible solutions. He says the partnership empowers users with confidence and security.
Allan Villegas, CEO of Liabify, highlights innovative digital experiences. He points to seamless tools that boost financial wellness.
Market Impact
The LiaPay UAE launch fits UAE efforts to grow financial inclusion. Middle-income groups gain regulated digital options. This move supports the region’s fintech push amid rising demand for wage flexibility.
Liabify and Mawarid Finance plan a wide rollout soon. The card addresses cash flow gaps in a fast-growing economy. Workers now manage finances on their terms
