BE - September 2026

ISSUE 213 SEPTEMBER 2026 the BANKING EXECUTIVE 39 Neopay, Commercial Bank of Dubai Neopay, Commercial Bank of Dubai PARTNER TO STRENGTHEN ACCESS TO FUNDS FOR SMES Neopay, a leading payments solu- tions provider in the UAE, has part- nered with Commercial Bank of Dubai (CBD) to help small and medium-sized enterprises (SMEs) gain easier access to financing for their working capital requirements and banking services, supporting their growth and day-to-day business needs. Through the partnership, eligible Neopay merchants will be able to explore financing options from CBD to support their growth, expansion and working capital requirements. By bringing payment data and bank- ing capabilities together, Neopay and CBD aim to make the process of ac- cessing working capital simpler and more convenient for SMEs. Working capital plays a critical role in the day-to-day operations of busi- nesses, helping them manage ex- penses, meet commitments and in- vest in opportunities as they arise. However, accessing timely financing can often be a challenge for SMEs. Together, NEOPAY and CBD are working to create a more accessible route to financing by using transac- tion activity to provide greater visi- bility into a business’s performance. The partnership combines NEOPAY’s payment infrastructure and merchant ecosystem with CBD’s banking ex- pertise and financing capabilities. To- gether, the two organisations will help eligible businesses explore fi- nancing solutions that can support their operational requirements and business ambitions. The partnership agreement was signed by Vibhor Mundhada, CEO of Neopay, and Dhiraj Kunwar, General Manager, Retail & Business Banking at Commercial Bank of Dubai (CBD). Vibhor Mundhada, CEO of Neopay, said: “SMEs want banking and pay- ment solutions that work seamlessly together. By bringing these capabili- ties together, we are making it easier for merchants to access financing and support their growth ambitions. Every day, businesses generate valu- able transaction data that reflects the rhythm and scale of their operations. When used correctly, these insights can help create a more informed ap- proach to financing. "Our partnership with CBD brings to- gether Neopay’s payments ecosys- tem and the Bank’s financial expertise to make that connection possible, giving eligible merchants a clearer and more seamless path to accessing the capital they need to keep their businesses moving.”