Virtuzone Partners With Mashreq NEOBiz To Introduce A One-Click Bank Account Setup Feature For SMEs – Entrepreneur

  • Date: 30-Mar-2023
  • Source: Entrepreneur Middle East
  • Sector:Financial Services
  • Country:UAE
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Virtuzone Partners With Mashreq NEOBiz To Introduce A One-Click Bank Account Setup Feature For SMEs – Entrepreneur

UAE-headquartered company formation and corporate services provider Virtuzone has teamed up with UAE-based digital-only business bank Mashreq NEO to introduce a feature that will enable SMEs to open a bank account in one-click.

The feature has been touted as the first-of-its-kind in the MENA region after showing promising results in its pilot phase.

Virtuzone launched the feature by integrating Mashreq NEOBiz's Connect Application Programming Interface (API) -which allows any free zone or trade license authority to submit a full NEOBiz account application using its own platform- onto its services.