Cairo, Egypt — In a bold move to transform access to credit and accelerate financial inclusion across the Middle East, Yabx, a global leader in digital lending solutions, has entered a strategic partnership with Modupay, the leading payments tech enabler across Africa & the Middle East. This collaboration aims to lay down digital lending infrastructure that will enable banks and fintechs to launch innovative credit experiences; faster, securely, and at scale.
This partnership lays the foundational rails for embedded credit in one of the most digitally forward yet under-lent regions in the world. By integrating Yabx’s AI-powered credit decisioning and lending operations platform with Modupay’s robust issuing and processing capabilities, the collaboration will empower financial institutions to offer unsecured nano-credit and installment loans natively through digital wallets, banking apps, and agent channels.
Yabx, known for its agile, low-code/no-code lending automation platform, has already powered inclusive credit ecosystems in over 20 emerging markets, working closely with banks, mobile money operators, and fintechs. Its AI-driven credit scoring, digital journey management, and alternate data-based risk management capabilities have made credit accessible to first-time borrowers. It is now rapidly enabling launch and scale of new digital lending programs for established banks as well as new age fintechs targeting consumers and SMEs.
Commenting on the partnership, Rajat Dayal, CEO of Yabx, said: “The Middle East represents a massive, untapped opportunity for inclusive credit, especially among youth, gig workers, and micro-entrepreneurs. By joining hands with Modupay, we are bringing together decades of regional infrastructure and global lending innovation to reimagine how people access money; digitally, instantly, and responsibly.”
Modupay, headquartered in Cairo, is a trusted partner to over 200 banks and 50+ fintechs across 40+ countries, offering cloud-native, API-first solutions in card issuing, processing, tokenization, and digital payments. With over 340 million cards processed and deep expertise in card personalization, security, and instant issuance, Modupay’s platform is built for scale and speed.
Ahmed Nafie, CEO of Modupay, added: “We see tremendous synergies between our platform and Yabx’s digital lending engine. Together, we’re enabling a future where credit is seamlessly embedded into every financial journey, personalized, secure, and delivered in real time. This partnership represents a major step forward in accelerating innovation for banks and fintechs, empowering them to launch transformative credit experiences with the speed, scalability, and trust they’ve come to expect from Modupay.”
The collaboration will initially focus on select markets in the GCC and North Africa, where digital wallet penetration and mobile banking adoption are growing rapidly. Use cases include loan origination and loan governance across embedded channels and various digital use cases for both consumers and businesses.
As financial services across the Middle East & Africa evolve toward embedded and experience-first models, this alliance between Yabx and Modupay is poised to become the backbone of next-generation credit innovation.
About Modupay
Modupay is the leading payments tech enabler across the Middle East and Africa, empowering banks, fintechs, telcos, and non-banking financial institutions to build, launch, and operate payment products with greater flexibility and control. Formerly known as MDP, Modupay brings together card issuing, payment processing, digital payment solutions, data and insights, and compliance within a modular, scalable, end-to-end platform.
With more than 30 years of experience in the payments ecosystem, Modupay supports partners across the full payments lifecycle, from personalized card production to financial transaction processing and digital payments. Headquartered in Cairo, Egypt, Modupay operates in more than 40 countries and is backed by a team of over 620 professionals, remaining accessible and close to its partners through dedicated, on-the-ground teams across key regional markets.
About Yabx
Yabx builds digital lending infrastructure for banks, mobile money operators and fintechs in emerging markets. Its platform handles the full loan lifecycle, from alternative-data credit scoring and decisioning through origination, digital customer journeys and collections. Lenders use it to run consumer, merchant and SME credit programs in more than 20 markets across the Middle East, Africa and Latin America with multi-billion dollar portfolios originated and managed annually.
12/8/2026