Abu Dhabi - Sharikat Mubasher: Reem Finance, a leading financing solutions provider in the UAE, completed its transformation into Reem Bank (RB) after obtaining a community banking license from the Central Bank of the UAE (CBUAE).

Reem Bank, part of Judan Financial Holding, will enable fintech firms and digital wallets through regulated embedded finance and Banking-as-a-Service (BaaS) infrastructure, delivering a streamlined customer experience and seamless access to credit through a fully digital journey, according to the official press release.

The bank will also embed co-creation into its model, partnering with the community across the UAE to help shape the next generation of financial products.

Hamdan Al Dahmani, Chairman of Reem Community Bank, said: “We have built a platform where fintechs find a genuine partner, where individuals and businesses can access the full capabilities of a bank in minutes, and where the next generation of this nation has a hand in shaping its own financial future. This is not a bank that has arrived to compete. It is a bank that has been designed to elevate the entire ecosystem around it, and to do so in a manner fully aligned with the UAE's vision for a knowledge-based, inclusive, and forward economy.”

RB is a next-generation digital bank purpose-built to serve individuals, families, SMEs, fintech firms, digital wallets, and underserved communities. Operating as an open financial platform, the bank combines Banking-as-a-Service (BaaS) infrastructure, API-ready fintech partnerships, and rapid digital onboarding to connect people, businesses, and ecosystems.