Government

Comera Finance, the financial services arm of Comera Financial Holdings, part of Abu Dhabi’s Royal Group, has received final regulatory approval from the Central Bank of the UAE (CBUAE) to operate as a Non-Banking Financial Company (NBFC).

The approval authorises Comera Finance to conduct both retail and wholesale financing activities, marking a significant milestone in the group’s strategy to build a compliant, technology-enabled financial platform serving consumers, small and medium-sized enterprises (SMEs), and corporates across the UAE.

The NBFC licence allows the company to offer regulated financing and lending solutions under the CBUAE’s supervisory framework. The approval follows an extensive regulatory review process and reflects Comera Finance’s strong governance structure, robust risk management framework, and operational readiness.

Commenting on the development, Akhtar Saeed Hashmi, Managing Director and Group CEO of Comera Financial Holdings, said the approval represents a defining moment for the company and validates its regulatory-first approach.

He added that, as part of Abu Dhabi’s Royal Group, Comera Finance is committed to building trusted, institution-grade financial solutions that align with the UAE’s vision for a resilient, inclusive and future-ready financial system.

Following the approval, Comera Finance plans to roll out a range of structured financial products, including consumer, SME and corporate financing solutions, with a strong emphasis on responsible lending, transparency and customer protection. All operations will be conducted in line with the CBUAE’s stringent regulatory standards to ensure effective compliance, governance and risk oversight.

The licence further strengthens the broader Comera ecosystem, which integrates digital communication, payments and financial services into a unified platform. By combining advanced technology with regulatory discipline, the group aims to simplify access to financial services while maintaining high standards of security and compliance.

Comera Finance’s entry as a licensed NBFC supports the UAE’s wider economic priorities, including SME development, financial inclusion and the growth of a diversified, innovation-driven economy. The company’s roadmap focuses on scalable and sustainable growth, supported by strong capital backing, experienced leadership and a clear commitment to regulatory excellence.

The approval marks the beginning of Comera Finance’s next phase of expansion as it works closely with regulators, partners and stakeholders to deliver financial solutions that contribute to the continued development of the UAE’s financial sector.

• Tags
• #Business
• #Magazine
• #Lifestyle