The action signs a significant strategic push to close the $ 250bn of regional funds by regional technology solutions.
Fully licensed and regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA), Zelo has been operating since August 2020.
The platform delivers rapidly, receiving capital working on small and medium-sized business (SMEs) by moving intra invoes to repair 24 to 48 hours.
Zelo offers the UAE SME fund
So far, Zelo has facilitated over 9,000 transactions and set more than AED735M ($ 200M) with SMES with strong funds and reducing the effect of delayed payment.
After the claim, Zelo will operate as part of the wider number of MOHC and the economy of the future economy, with an order to affect the key sectors such as:
- building
- Logism
- HEALTH
- Industrial services
- Oil and gas
Sire Basar Shueb, CEO SA IhcSaid: “Smes are the backbone of a diversified and future-ready economy. Through our strategic acquisition of zelo, we are proud to support that solves one of the most fundamental barriers facing smes, access to timely working capital.
“This rebrand signals is a confident new chapter, one that is fully suited to the long-term visibility of IHC to build smart, content solutions that provide real economic impact.”
UAE smes represent more than 95 percent of registered businesses and generate more than 50 percent of GDP, although many have suffered GDP, although many faced 60 to 120 days.
Zelo’s platform removes friction by perfect digital onboarding, automatic fund decisions, and nearly immediate access to capital. These also dynamic scales limit funds based on business performance.
Dhanush Arjun, CEO SA kindnessSaid: “Zelo Exists to Eliminate The Wait. The wait for payments, the wait for growth, the wait for opportunity. Our rebrand signals not just a new name, but a renewed commitment to SMES in the UAE WHO deserve. With IHC’s strategic backing, we’re accelerating that future.”
With strong regulatory backing, proven impact, and the strategic support of IHC, Zelo is poised to become a cornerstone of the UAE’s SME ecosystem-enabling faster growth, stronger cash flow, and smarter financial agility for thousands of Across the Region.
