Zand, the UAE’s first fully licensed, AI-powered digital bank, has announced a collaboration with Klickl International (Klickl), a Web 3.0 Open Finance platform headquartered in the UAE. This collaboration highlights Klickl’s commitment to elevating its operations by utilising Zand’s banking products and solutions.
Zand recently announced that it is the first UAE bank to launch digital asset custody services under its licence, after receiving approval from the Virtual Asset Regulatory Authority. By providing institutional-grade security for digital assets, Zand is equipping its clients with the tools they need to thrive in the digital economy. The upcoming launch of Zand’s AED-backed stablecoin will further enhance the bank’s ability to integrate TradFi and DeFi, reinforcing its leadership in the digital assets landscape.
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This collaboration shows the synergy between Zand’s financial experience and Klickl’s approach to Web3.0 technology
By leveraging Zand’s banking products and solutions, Klickl is poised to streamline its business processes, optimise financial management and drive development within the Web3 ecosystem. This collaboration underscores Zand’s dedication to integrating advanced technology with financial services to meet the evolving demands of the digital economy.
Michael Chan, CEO of Zand, commented: “We are pleased to announce our collaboration with Klickl International, aligning with the UAE’s bold vision to accelerate the digital economy. At Zand, we are dedicated to delivering seamless and secure banking experiences through continuous innovation, forward-thinking, and a client-first approach.”
Michael Zhao, CEO of Klickl International, added: “Partnering with Zand Bank marks a pivotal moment in our journey towards reshaping the digital finance landscape. With Zand’s support, we are unlocking new possibilities for businesses and consumers, driving meaningful change in the industry.”
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