Rashid Al Qubaisi, CEO of Mawarid Finance, and Allan Villegas, CEO of Liabify, on the signing rite throughout the Mawarid FinTech & Innovation Summit on the Grand Hyatt, Dubai.
middle incubated at Qatar Science and Era Park (QSTP), additional strengthening its dedication to Qatar as a hub for fintech innovation, product construction, and regional experimentation. The corporate is recently running towards its pathway inside Qatar’s regulatory framework, positioning itself for long term regulated operations in the native marketplace.
From its place of work in Qatar, Liabify has now taken a vital step in its regional growth via signing a strategic partnership with Mawarid Finance, a main Sharia-compliant monetary establishment in the United Arab Emirates regulated via its Central Financial institution.
The partnership introduces LiaPay, an AI-powered pay as you go Platinum Card blended with Earned Salary Get entry to (EWA) and a broader virtual monetary ecosystem designed for middle-income staff in the UAE.
Thru this collaboration, Liabify supplies the expertise layer enabling salary-linked monetary services and products, whilst Mawarid Finance guarantees that the providing operates inside a relied on, regulated, and Sharia-compliant framework.
The resolution lets in staff to get right of entry to their earned wages earlier than payday, set up remittances, make rapid bills, and use each day monetary equipment via a unmarried virtual platform. All aimed at bettering cash-flow steadiness and long-term monetary wellness.
Rashid Al Qubaisi, CEO of Mawarid Finance, highlighted that the collaboration displays the corporate’s dedication to turning in available and cutting edge monetary answers that empower shoppers with flexibility and safety.
Dr. Allan Villegas, CEO of Liabify, emphasised Qatar’s pivotal function in the corporate’s adventure:
“Liabify is a product of Qatar’s entrepreneurial ecosystem. This is where the idea was shaped, incubated, and built. From DIC to QSTP, Qatar has been our product development sandbox, allowing us to build responsibly before scaling across the GCC. Now it is just a matter of time before we receive regulatory approval to operate in our home market.”
Liabify’s expansion trajectory used to be additionally glaring previous this 12 months at Internet Summit Qatar, the place, a 12 months after the concept started, the corporate highlighted its development with an Alpha sales space, demonstrating a transparent pathway from a in the neighborhood incubated thought to a scalable regional fintech platform.
As Liabify expands into the UAE and prepares additional GCC marketplace entries, the corporate continues to spotlight Qatar as the position the place its imaginative and prescient used to be born, its expertise advanced, and its regional ambitions first took
form, reinforcing the nation’s function as a launchpad for innovation with international relevance.
