Author: ext-tamatos-dev@myzoi.life
Weaker US dollar dents purchasing power and discretionary spending in Gulf
Send money home from the UAE without a bank using low-fee apps and prepaid cards. A weaker US dollar is weighing on the purchasing power of people in the Gulf region, denting discretionary spending and reducing international remittances, but is supporting regional tourism inflows, according to industry experts. On Tuesday, the dollar index fell 0.2 per cent at 11.56am […]
How to send money without a bank account in the UAE
Send money home from the UAE without a bank using low-fee apps and prepaid cards. Dubai: In the UAE, not everyone qualifies for a traditional bank account, particularly domestic workers, freelancers, new arrivals, and blue-collar employees who may not meet minimum salary requirements. But that doesn’t mean they’re shut out of essential financial services. International money […]
Banking on inclusion: How tech is reshaping financial access in the GCC
“Governments, regulators, fintech innovators, employers and civil society must work together to ensure that no one is left behind” – says MyZoi’s CEO. In the bustling cities and vast deserts of the Arab world, a quiet transformation is taking place, one that doesn’t always make headlines but has the power to change lives. It’s the […]
Money Tips Community Event | Financial Education for 1,200+ Blue-Collar Workers
myZoi, in collaboration with Dubai Police HQ and Global IME Bank Limited, hosted its largest Money Tips community event to date in Sonapur on May 25, 2025. Over 1,200 blue-collar workers came together for an evening of practical financial education, cultural performances, and interactive engagement. Through budgeting sessions, savings tips, live quizzes, and meaningful conversations, […]
Why financial literacy efforts must be inclusive to benefit Gulf migrant workers
Across the Gulf, low-income migrant workers form the foundation of national economies. They build our cities, keep essential services running and support households and businesses alike. Yet despite their contributions, they remain among the most financially vulnerable communities in the region. The issue is not simply low wages; it is the lack of access to financial education and services that […]
Galadari Brothers and myZoi sign pact to form new venture
Galadari Brothers, a UAE-based leading conglomerate, has entered into a strategic partnership with myZoi, a portfolio company backed by SC Ventures, which aims to advance financial inclusion, financial literacy, and digital innovation for its underbanked employees. The signing ceremony, held at the Galadari Brothers’ office, marked the official commencement of this partnership. The document was […]
Scaling Innovation At myZoi: Where Inclusion Meets Innovation
When you think about how a small change can help others, would you do it? At myZoi, we’re doing just that. Leveraging innovative processes, we building financial solutions for those who have been left out of the traditional banking system. Welcome to our world, where innovation meets inclusion, sprinkled with a dash of fun that […]
Diversity or Diversion? Impact of D&I in Tech
The three Ds – Data, Digital, and Diversity. Over the past few years, the three D’s have dominated the focus of high performing businesses: Diversity, Data, and Digital. These themes have been the center stone of people and business strategies across the globe, as companies compete for talent and strive to secure a competitive advantage […]
myZoi and SC Ventures at Dubai Fintech Summit 2024
Watch Mark Dymock, Managing Director of SC Ventures, and Syed Muhammad Ali, CEO of myZoi, at the Dubai Fintech Summit 2024 as they discuss about promoting financial inclusion for the underbanked with myZoi. This insightful discussion features how myZoi is providing essential financial services to the underbanked blue collar workers, empowering them to participate fully […]
MyZoi launches UAE’s first inclusive digital wallet
Championing social impact for the underbanked Press Release July 17, 2024 RELATED TOPICS TECHNOLOGY UAE – myZoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked has launched the first inclusive digital wallet. This follows a successful fundraise of $14 million from SC Ventures and SBI Holdings and obtaining two regulatory licenses […]