BankActiveEst. 2022

Zand Bank

AE · Dubai · CBUAE, VARA (digital assets)

Zand Bank is a Bank based in AE (Dubai), regulated by CBUAE, VARA (digital assets). The institution operates an active Banking-as-a-Service program, launched in 2022.

Zand Bank supports the following products and services: Accounts, Lending, Payments, FX, Crypto. The bank serves customers across UAE.

Notable fintech partners include Infosys Finacle, Taurus SA.

Profile
Products Supported
AccountsLendingPaymentsFXCrypto
Geographies Served
UAE
Charter / Regulator
CBUAE, VARA (digital assets)
API Standards
REST API
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2022
Notable Fintech Partners

Infosys Finacle, Taurus SA

Regulatory Actions Summary

None confirmed active

Notes

Founded by Mohamed Alabbar (Emaar chairman). First UAE bank with VARA-approved digital asset custody. Positioned as bridge between TradFi and DeFi.

Corporate/institutional focus. Not primarily BaaS — emerging potential.

Related Deals (1)
partnership

Paymentology Partners with Zand Bank to Accelerate Fintech Growth in UAE

Paymentology and Zand Bank announced a strategic referral partnership to provide BIN-sponsorship, virtual IBANs, and Client Money Accounts for fintechs in the UAE. Zand Bank supplies the regulatory infrastructure as the UAE's first fully licensed all-digital bank, while Paymentology contributes issuer processing capabilities. The partnership aims to lower entry barriers for fintechs and startups launching financial services in the region.

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Zand Bank dealsZand Bank regulatory actionsMore banks in AEBrowse full registry
Links
Official Website BaaS Program
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