Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE has announced that they have entered a strategic partnership with Halan, a regional fintech company, aimed at empowering the underbanked and unbanked populations in the UAE through innovative financial solutions.
This collaboration will introduce Salary Advance and Send Now, Pay Later (SNPL) services, providing Al Ansari Financial Services’ customers with greater financial flexibility and convenience.
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Salary Advance is a solution that allows individuals to instantly access a portion of their earned wages before their payday, fostering greater financial flexibility and reducing reliance on high-interest credit options.
This partnership underscores Al Ansari Financial Services’ commitment to enhance financial inclusion
Through this collaboration, Al Ansari Financial Services leverages its network, trusted reputation and deep-rooted expertise in financial services, while Halan contributes its fintech platform, compliant solutions, and deep understanding of underbanked markets. Together, the partnership creates a seamless, secure, and accessible offerings tailored to meet the diverse needs of the UAE’s workforce.
Mohammad Bitar, Deputy Group CEO of Al Ansari Financial Services, said: “Al Ansari Financial Services has always been at the forefront of delivering solutions that empower individuals and businesses. Our partnership with Halan reflects our shared vision of enabling financial independence and fostering greater inclusivity. By pioneering Earned Wage Access services, we are providing a practical and ethical solution to support the financial well-being of our customers, especially those who have limited access to traditional banking services.”
Omar Ramadan, Managing Director of Halan, commented: “Together with Al Ansari Financial Services, we are enabling a groundbreaking service that empowers individuals to make informed financial decisions. Our fintech expertise, combined with Al Ansari Financial Services’ legacy of trust and service excellence, ensures that this solution not only meets the needs of the underbanked but also sets a new benchmark for financial accessibility and inclusion in the region.”
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