In the United Arab Emirates, Zand, the first fully licensed digital bank powered by AI, announced a collaboration with Klickl, a Web 3.0 Open Finance platform. This partnership aims to enhance operations by utilizing Zand's banking products and innovative solutions.
Collaboration Between Zand and Klickl
Through its partnership with Zand, Klickl aims to streamline business processes and financial management by integrating innovations into the Web3 ecosystem. This collaboration emphasizes Zand's dedication to integrating advanced technology with financial services.
Zand: A Leader in Digital Assets
Zand became the first bank in the UAE to launch digital asset custody services, with approval from the Virtual Asset Regulatory Authority. Zand offers institutional-grade security for digital assets, supporting clients in the evolving digital economy. The launch of Zand’s AED-backed stablecoin strengthens the integration of TradFi and DeFi.
Klickl: Open Finance Platform
Founded in 2017 and based in the UAE, Klickl is a leading Web3 open finance platform in the MENA region, offering services such as banking, digital payments, and crypto trading. Partnering with Zand creates new opportunities for businesses and consumers.
Zand's collaboration with Klickl highlights the synergy between Zand’s financial expertise and Klickl’s innovative approach to Web3.0 technology. Together, they aim to develop technological advancements and customer-focused solutions for the evolving digital finance landscape.