Zamanat leans on tokenization to open up GCC private credit, plus Neopay buys into noon payments
Oct 06 2026 03:00 UTC
Contractors ditch fixed prices | Neopay buys into noon payments | Adnoc's Hormuz problem
➤ Zamanat is launching a tokenized fund to provide access to private credit for underserved GCC businesses, aiming to channel capital from wealthy individuals and family offices.
➤ The fund targets USD 100 million and focuses on established businesses needing between USD 2-5 million, addressing a gap where bank financing is unavailable and fintech lenders are too small.
➤ In other news, Neopay is acquiring a controlling stake in noon payments to consolidate the payments market, while UAE contractors face rising costs and shifting price risks on long-term projects.
Read more at: https://rwatimes.io/articles/enterpriseam-zamanat-leans-on-tokenization-to-open-up-gcc-private-credit-plus-neopay-buys-into-noon-payments-4172571484?utm_source=binance
Oct 06 2026 03:00 UTC
Contractors ditch fixed prices | Neopay buys into noon payments | Adnoc's Hormuz problem
➤ Zamanat is launching a tokenized fund to provide access to private credit for underserved GCC businesses, aiming to channel capital from wealthy individuals and family offices.
➤ The fund targets USD 100 million and focuses on established businesses needing between USD 2-5 million, addressing a gap where bank financing is unavailable and fintech lenders are too small.
➤ In other news, Neopay is acquiring a controlling stake in noon payments to consolidate the payments market, while UAE contractors face rising costs and shifting price risks on long-term projects.
Read more at: https://rwatimes.io/articles/enterpriseam-zamanat-leans-on-tokenization-to-open-up-gcc-private-credit-plus-neopay-buys-into-noon-payments-4172571484?utm_source=binance