Money Protects’ iconic Unicorn Business Plan set to revolutionise world of finance

Money Protects’ iconic Unicorn Business Plan set to revolutionise world of finance

Money Protects (MP) has signed an agreement with Crowe MAK UAE & JRB Chartered Accountants in Dubai for a one-of-a-kind business advisory. The duo finalised iconic business plans, market and financial analysis, and financial projections over the course of 5 years. MP is set to be fully operational by November 2022. Money Protects (MP) is a start-up promising a pioneering financial ecosystem, sustainable financial freedom solutions for individuals and corporates in wealth creation and management. The objective at large is to target and reduce UAE's NPL (Non-Performing Loans) impairments by Dh20 billion in 3-5 years which has a yearly addition Dh150 billion. As the current banking and financial market is too friendly on their portfolios and fails to restructure the problem or give real affordable solutions to clients. Rather, the process goes from default, retail and corporate recoveries and many a time even leads to legal cases. Although the lenders are on a roller-coaster business having provisioned their impairments, there is no reduction on gross UAE NPLs. Money Protects focuses on a working model that follows research backed plans thoroughly, with global standards, and has a copyright on the innovation model which well approved at European IP Depository, Berlin, Germany.