It processed £ 18.7 billion in payments in the region

Dubai International Financial grants Aibori International a license to provide regulated financial services

The financial services system is the most comprehensive in the region.

From the source

The Dubai International Financial Center (DIFC) announced that the global financial technology company, "Eibori", backed by Santander Bank, which provides cross-border financial services and risk management, has obtained a financial services license to provide regulated financial services from the center.

A statement issued yesterday stated that the company «Eiburi», which employs 22 people in the UAE, is the first company to obtain this license to provide financial services, under the comprehensive financial services system of the Dubai Financial Services Authority.

The license will allow EIBORI to expand the scope of its provision of financial services, and to coordinate the provision of credit empowerment, such as booking transactions, providing advice, and preparing dealers from the company's representative office in the financial center, in addition to developing its services provided to small and medium-sized companies in the region, starting from “Dubai Global Financial ».

Data «Eibori»

The statement emphasized that the license reflects the extent of EIBORI's firm commitment to Dubai, as well as the depth of the strategic partnership between the company and the Dubai International Financial Center, as it is the leading and most comprehensive financial system in the Middle East, Africa and South Asia.

The statement pointed out that during the fiscal year 2019/2020, EIBORI was able to process up to 18.7 billion pounds of payments in the region, providing its services to more than 49 thousand companies, an increase of 34% over the previous year. Bank «Santander» 350 million pounds sterling in «Eibori» in April 2020, which enabled the company to accelerate its expansion in business at the international level, to enter new markets.

Comprehensive system

"The financial services system in the center is the most comprehensive in the region, and it represents the commitment of Dubai and the financial center to continue developing the financial system and leading the future of the financial sector," said Arif Amiri, CEO of the DIFC Authority.

He added, "We are pleased to congratulate Eibori on becoming the first company to be granted a license to provide financial services within the financial center system. We are also looking forward to transforming the financial services scene together throughout the region."

In turn, CEO of "Eibori" company, Joan Lobato, said, "The company continues its strong progress and is one of the world leaders in providing financial services that meet the needs of international payments for small and medium companies." He pointed out that "Eibori" is the first company to obtain It obtained a license to provide financial services from the Dubai International Financial Center, which confirms its keenness to invest in its local operations globally.

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