Qashio and CredibleX launch “Qashio Financing” – a modern SME and commercial financing solution with instant approval and disbursement

Qashio, a leader in fintech innovation, has partnered with CredibleX, the leading embedded finance platform in the Middle East and North Africa, to announce the launch of “Qashio Financing”. This new measure marks an important step forward in providing flexible and accessible financing to businesses of all sizes.

“Qashio Financing” is designed to help companies easily accelerate growth, bridge cash flow gaps and improve operational efficiency. Powered by CredibleX, the service provides Qashio’s SME customers with fast access to funds, competitive pricing and a streamlined and user-friendly process.

“Qashio is committed to providing SMEs and enterprises with dynamic financial tools to seamlessly manage critical processes and essential business needs, and ‘Qashio Financing’ is a testament to this commitment. Through our partnership with CredibleX, we provide solutions that not only satisfy our customers immediate financial needs while also supporting their long-term growth goals.” Armin Moradi, Co-Founder and CEO, Qashio.

Ahmad Malik, Co-Founder of CredibleX Adding: “Our partnership with Qashio is a game-changer for SMEs, bringing together instant credit decisions, SME financing options and a seamless embedded journey within the Qashio app.” In this way, SMEs can obtain a highly customized and efficient financial support system to meet their unique challenges.

The 2023 Mastercard SME Confidence Index shows a positive outlook for the MENA region, with 72% of SMEs expecting stable or growing revenue, with 92% highlighting the need for wider access to financial services. In this regard, “Qashio Financing” stands out for its main functions designed to meet the diverse needs of enterprises. It provides fast financing options, ensuring businesses receive timely funding when they need it most. The service offers competitive pricing to support and facilitate business growth. Its streamlined process provides an easy-to-navigate application experience, ensuring a hassle-free approach to financing. In addition, “Qashio Financing” is characterized by flexibility, providing solutions that meet various business needs and sizes.

Qashio and CredibleX invite businesses to explore how Qashio Financing can boost their growth and success. For more information and to apply, please visit www.qashio.com.

About Qashio

Qashio is an award-winning fintech company known for its innovative approach to corporate card and expense management solutions. Qashio is committed to simplifying financial processes and promoting business growth and efficiency.

About CredibleX

CredibleX is the MENA region’s pioneering embedded finance platform that assists businesses in providing instant credit solutions at scale, without hassle or risk, to their small business customers and suppliers. Its mission is to positively impact 20,000 small and medium-sized businesses by 2024 in communities that often have limited access to financing options.