> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# UAE-based fintech YAP secures $41 million in funding
- URL: https://www.techloy.com/uae-based-fintech-yap-secures-41-million-in-funding/
- Published: 2022-07-04T11:05:04.000Z
- Updated: 2022-12-08T01:50:54.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in UAE

Fintech startup based in the UAE, [YAP,](https://www.yap.com/) has secured $41 million as part of its Series A funding round to support its expansion plans.

- The fund will help the financial technology startup expand its services in Saudi Arabia, Egypt, Pakistan, and Ghana.
- YAP provides smart financing for its customers via money transfer, purchases, bills payment, virtual cards, card control and access to spending analytics.
- The startup launched its digital banking offering last year and now has over 130,000 users.
- Aljazira Capital, Abu Dawood Group, Astra Group, and Audacia Capital invested in the round, with YAP looking to add $20 million to its Series A raise by the year-end.