Fintech Companies in UAE help SMEs in collecting dues faster, and why does Hylobiz have an extra edge?

Hylobiz team wishes you a “Happy, healthy, and prosperous New Year”. Let the year 2021 grant you a profitable business and a great professional career and help you grow digitally with the right technological support. We can make this ‘year of hope’ a special one for you as we offer to help you collect payments faster at a cheaper rate than ever before with the bunch of unique features the one-stop Hylobiz solution is furnished with.

The Fintech companies bringing in financial innovation, in UAE, are in a nascent stage and are growing consistently. In UAE, the Fintech industry is getting decent support from Government and regulatory bodies and shows great potential. As the Fintech companies continue to grow in this digital age, they boost the growth of other businesses, especially in connection with SMEs and entrepreneurs across industries.

The top Fintech companies in UAE helping SMEs in collecting dues faster:

Telr a payment gateway with automated reminders handling unique payment methods supporting 30 languages and 120 currencies and with fraud protection enabled and targeted to SMEs.

Paytab is a payment solution for small and medium enterprises allowing sending and receiving payments at low transaction costs with quick antifraud protection.

CC Avenue is a payment gateway supporting the B2B market with features for collections like auto-reminders and payment links. The platform allows multiple payment options and multiple currency processing facilities.

Hylobiz is a Fintech platform offering services to businesses like SMEs, freelancers, and big corporates. A business using Hylobiz need not juggle multiple ERPs, payment gateways, and accounting software. The platform is already integrated with standard ERPs and allows recording, tracking, and managing financial records accurately, managing invoices, and safely expedites online payments and collections.

Hyper Pay is a Fintech player offering a payment gateway with automated reminders, and digital collections via link. Its shift to online retail has brought in scope for fast payment transactions among businesses.

Fatoorah offers a payment gateway to the B2C segment with automated reminders and links for digital collections. It also offers SMS facilities.

Tap company is a payment gateway helping businesses and customers in making online payments and collections.

Zbooni is a payment gateway assisting the marketplace in making payments online through payment links and offers messaging services via standard apps like WhatsApp.

Why is Hylobiz different from other Fintech companies?

Security and automation should be the primary elements of good Fintech companies. The highly secured Hylobiz automated platform is preferred by business owners, accounting, and sales professionals across UAE. Hylobiz has brought in phenomenal development in the B2B value chain as it supports businesses to digitize the entire accounting system ranging from ERP integration to reconciliations.

The following facilities make Hylobiz unique:

  • With Hylobiz, the financial records of your business have digital footprints, making it easier for you to get credits from partner banks and other financial institutions.
  • Hylobiz ensures faster payment collections which are the cheapest compared to other players.
  • Connected ERP on the Hylobiz platform helps record and track financial data accurately and manage transactions efficiently
  • Hylobiz system is efficient enough to facilitate immediate onboarding
  • Zero settlement fees and settlement happen in just 2 days on the Hylobiz platform
  • Transaction cost is lowest on Hylobiz solution compared to that on other platforms
Hylobiz features

The basket of varied features that gives Hylobiz an extra edge towards faster payment collection:

Hylobiz enables digitization of receivable and payables, automated reports, automated reminders to buyers for credit purchases, automated reconciliations, and settlements in just 2 days and helps businesses earn better revenue and model a good long-term plan. The distribution of digital ledgers makes the system accurate and helps manage contacts and enables ledger-level collections.

Download the mobile app from


The real-time dashboard can help track receivables accurately helping you collect dues on time from the right purchaser.

As your distribution network grows with Hylobiz, you get a chance to get paid faster and see better business growth.

Once you sign up on the Hylobiz platform, the top features that can help recover dues faster are:

  • Receivables
    • Help create branded invoices
    • Allow attaching digital payment links of invoices
    • Import single invoices or multiple invoices in bulk
    • Quick settlement
Share Link Hylobiz App
Payment Link
  • Alerts and Reminders
    • Email, SMS, and WhatsApp alerts and reminders can help collect payments on time
    • Alerts and reminders are configurable at fintech companies and contact levels
Alerts and Reminders
  • Cash and cheque collections
    • Unlimited collections
    • Unrealized cheque tracking
    • Payment confirmation to both payer and receiver
Cash and Cheque Collections

The platform is already integrated with our standard ERP partners (Zoho, Coral, Tally in UAE). Hylobiz can support businesses, suppliers, and customers in smooth financial transactions and can boost healthy relationships. Once you sign up on the Hylobiz platform you may immediately start using Hylobiz. Promo offers are available now for lifelong free usage.

Stay connected digitally. Email us at:

Scroll to Top