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Sun, May 4, 2025
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Pay10 first fintech company to go live on Central .. of the UAE's Open Finance Framework BusinessToday
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Pay10 first fintech company to go live on Central Bank of the UAE's Open Finance Framework - Pay10 first fintech company to go live on Central Bank of the UAE's Open Finance Framework BusinessToday


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  Prabhpreet Singh Gill, Chairman of Pay10, said the approval followed a rigorous regulatory process.

Pay10, a UAE-based fintech company, has become the first to go live on the Central Bank of the UAE's Open Finance Framework, marking a significant milestone in the region's financial sector. This framework, launched in November 2023, aims to enhance financial inclusion and innovation by allowing third-party providers to access financial data with customer consent. Pay10's integration into this system enables it to offer advanced financial services, including seamless payment solutions and data-driven financial products, positioning the company at the forefront of the UAE's open finance ecosystem. This development is expected to drive further growth and innovation in the fintech industry within the UAE.

Read the Full Business Today Article at:
[ https://www.businesstoday.in/latest/corporate/story/pay10-first-fintech-company-to-go-live-on-central-bank-of-the-uaes-open-finance-framework-473580-2025-04-25 ]