MBME Group, a UAE-based company specializing in technological solutions and digital transformation, has announced the signing of a strategic cooperation agreement with Comera Financial Holdings, part of Royal Group in Abu Dhabi. The agreement aims to explore joint strategic opportunities in digital payments, financial services, and integrated trade solutions within the United Arab Emirates. Under this partnership, merchants within the MBME network will gain access to Comera's integrated suite of products, including point-of-sale (POS) devices, SoftPOS service, payment gateway, QR code payments, payment links, as well as business financing solutions, including working capital, invoice discounting, and merchant cash financing. The collaboration combines MBME's robust digital infrastructure and extensive reach with Comera Financial Holdings' financial ecosystem. The shared objective is to identify areas of cooperation that enhance customer access to services, ease of use, and innovation, while adhering to the regulatory frameworks in the UAE. The two parties will evaluate use cases for businesses, consumers, and merchants, including digital wallets, payment acceptance, and access to regulated financial services through the MBME network. As part of this cooperation, Comera Pay, regulated by the Central Bank of the UAE and part of the Comera Financial Holdings ecosystem, will explore the possibility of offering digital gold investment services through technical integration with MBME. This will enable users to buy, sell, and hold gold directly within the Comera Pay app, supported by a secure infrastructure, instant pricing, and seamless liquidity. Abdel Hadi Mohammed, CEO of MBME Group, stated: "Our collaboration with Comera Financial Holdings allows us to explore new opportunities to expand access to digital payments and empower merchants across the UAE." In turn, Akhtar Saeed Hashmi, CEO of Comera Financial Holdings, said: "This collaboration reflects our commitment to building responsible, regulated, and future-ready financial services that contribute to improving the daily payment experience." This partnership aligns with the UAE's vision for digital transformation and financial innovation, with all initiatives subject to necessary regulatory approvals and legal requirements. The signing of the agreement comes as digital payments between entities, companies, and institutions in the UAE continue their growth since early 2026, driven by increased demand for financial and technological solutions that accelerate business, enhance transparency, and improve cash flow management efficiency. According to the latest data from the Central Bank of the UAE for January 2026, the value of interbank transfers increased to AED 864.57 billion, compared to AED 677.65 billion in January 2025, marking a year-on-year growth of 27.6%. Customer transfers rose to AED 125.19 billion, compared to AED 118.48 billion in the same month last year, an increase of 5.7%. The total transfers via the local system reached approximately AED 989.76 billion, compared to AED 796.13 billion a year prior, achieving a year-on-year growth of 24.3%, reflecting the growing reliance on payment channels and digital financial services in the UAE market.
MBME Group and Comera Financial Holdings Sign Strategic Cooperation Agreement on Digital Payments in the UAE
MBME Group and Comera Financial Holdings have signed a strategic cooperation agreement on digital payments and financial services in the UAE. The goal is to expand access to integrated products and business solutions, as well as explore investments in digital gold. The cooperation aims to support the UAE's vision for digital transformation.