DUBAI, UAE — Tarabut, a leading MENA open banking and embedded finance platform, has received in-principle approval from the Central Bank of the UAE (CBUAE) under the country’s new Open Finance regulation. The milestone adds the UAE to Tarabut’s regulatory footprint in Bahrain and Saudi Arabia, positioning the company as the first regional fintech licensed under Open Finance frameworks across the three major Gulf markets.
Tarabut’s API infrastructure enables banks, lenders, insurers, and digital platforms to use customer-permissioned financial data for real-time credit decisions, income verification, and personalized products—embedded directly within partner experiences to broaden access to finance.
Planned and active use cases include:
- Credit cards for thin-file customers
- Revenue-based financing for SMEs
- Pre-check tools that lower underwriting costs
- AI-driven insights that improve financial health and user journeys
With real-time connectivity to major banks in Saudi Arabia and Bahrain—and now regulatory clearance in the UAE—Tarabut is expanding open banking and embedded finance across the Middle East to support entrepreneurship, reduce credit barriers, and drive inclusion.
