News

Qashio And YallaCompare Launch “Qashio Insurance”

The platform is a trailblazing Digital Health Solution for SMEs that aims to reduce costs and improve efficiency.

Published

1 year ago

December 7, 2023

Nour Nasir

Qashio

Qashio, a fintech company that provides an expense management and corporate card platform, is launching “Qashio Insurance” in partnership with YallaCompare. The branded health insurance product is a cost-effective solution with a simplified and automated digital declaration process, which takes under a minute to complete.

Qashio Insurance is the only digital-first health insurance package for SMEs of all sizes, from freelancers to 25,000-employee corporations. The platform enables applications to be processed ten times faster than conventional methods, many of which still rely on paper and physical signatures.

In addition to improved efficiency, Qashio Insurance offers up to 25% more affordable rates compared to the rest of the market. The platform has three tiers of coverage, allowing businesses to find the right plan to suit their unique needs, as well as an installment payment option.

Armin Moradi, Co-founder and CEO of Qashio said, “Qashio is privileged to be able to support the growing SME sector with Qashio Insurance, further simplifying otherwise complicated and lengthy processes. Qashio’s mission is to empower SMEs with a streamlined, cost-effective way to manage their health insurance needs. The platform that has taken close to a year to develop is a testament to our dedication to innovation and our unwavering support for SMEs as well as Enterprises”.

Also Read: How (And Why) To Start A Tech Business In Dubai

Luke Craven, CCO of YallaCompare, added, “The launch of Qashio Insurance represents a significant milestone in our journey to provide comprehensive, user-friendly, and efficient services. Our partnership with Qashio embodies the synergy of expertise and shared vision”.

The MENA health and medical insurance market is currently undergoing significant growth. Driven by an expanding population and demographic shifts, the UAE now has over 557,000 SMEs, all of which must provide health insurance to employees and their dependents.

Related Topics:FinTech Qashio YallaCompare

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News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

18 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.