BankingBusiness

CBD & Demica: Win innovation award for Bank-Fintech Partnership

  • CBD one of the leading banks in the UAE and Demica one of the world’s largest working capital fintechs
  • CBD & Demica have won the IBSI Award for the Most Innovative Project for Bank-Fintech Partnership
  • This award recognises the creativity and collaboration from both organisations to deploy a new product for the bank
  • Through this partnership, CBD able to deploy both Buyer and Seller Led Supply Chain Finance solutions
  • As one of the largest banks in the UAE, CBD represents a key partner for Demica, enabling asset deployment across the large corporate
  • Demica views the Middle East region as a significant growth opportunity as the asset class continues to gain traction
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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