Indian Fintech Signzy Enters UAE via Partnership with ‘Seed Group’
With Signzy bringing its most innovative products to the region and help in the automation of back-office business operations, the arrival feeds into the UAE Digital Government Strategy 2025.
Seed Group, a diversified company of the Royal Family of Dubai operating for more than 16 years, has struck up a strategic partnership with Bangalore-based Signzy, which specialises banking workflow automation for financial services. The partnership comes at a critical time when the UAE is accelerating tech transformation across all its governmental sectors and industries, within the framework of the UAE Digital Government Strategy 2025. With this new partnership, Signzy is aiming at tripling its growth in the region by the end of 2022.
Seed Group will help Signzy expand its operations in the UAE and the region more broadly thanks to their extensive network of leading global companies and top decision-makers in government and private sectors. On the other hand, Signzy will bring with it the most innovative products and technologies to the region and help in the automation of businesses’ back-office operations, establish security and data protection infrastructure and expedite the digitalization of their processes.
“The UAE is taking giant strides to meet the objectives of the UAE Digital Government Strategy 2025 and double the size of the digital economy in the next 10 years,” said Hisham Al Gurg, CEO of Seed Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. “Businesses are going through a phenomenal digital transformation and are on a lookout to adopt affordable smart technologies. Having Signzy as our strategic partner will give the country’s digitisation agenda the much-needed push. Signzy has been successfully providing to various institutions cutting-edge digital solutions. We see a huge potential for their services in the UAE and the Middle East.”
Signzy works with over 100 prominent financial institutions, including India’s four largest banks and the U.S’ top three banks, helping them become digital ready. With more than 240 fintech API pre-integrated in the platform, Sigzny is a leader of AI-based digitisation and automation solutions to the BFSI industry and NBFCs.
