Zand and CoinMENA FZE Join Forces to Enable Seamless Fiat-to-Crypto Transactions in MENA
Zand, a leading AI-powered fintech and financial services group in the UAE, has partnered with CoinMENA FZE, a top digital asset platform in the MENA region, to deliver seamless and secure fiat-to-crypto integration for clients across the region.
The strategic collaboration allows users to transfer funds efficiently between Zand bank accounts and CoinMENA FZE wallets. By bridging traditional finance (TradFi) with decentralized finance (DeFi), this partnership highlights Zand’s innovative role in offering secure, AI-powered banking solutions for crypto users. The infrastructure ensures smooth and safe conversion between fiat currencies and cryptocurrencies, including stablecoins.
Leveraging CoinMENA FZE’s status as one of the most trusted and regulated digital asset platforms in MENA, the integration with Zand aims to enhance user experience, simplify account funding, and deliver a more direct and secure financial ecosystem for clients.
Michael Chan, CEO of Zand, said:
“We are excited to partner with CoinMENA FZE to enable their clients to transact effortlessly. This collaboration aligns with our commitment to advancing the digital economy and driving innovation in the region’s financial services by bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). By bringing together the best of both worlds, we are redefining the future of finance.”
CoinMENA FZE Co-Founders Talal Tabbaa and Dina Sam’an added:
“We are delighted to join forces with Zand, a forward-thinking digital bank that shares our commitment to regulatory compliance and financial innovation. This collaboration strengthens our position as a regional leader in the virtual asset space and opens the door for future progress. We look forward to building on this success and continuing to innovate together.”
Subject to regulatory approval, Zand and CoinMENA FZE plan to explore further collaboration opportunities, including the tokenization of real-world assets, institutional-grade custody solutions, and the development of broader infrastructure to support the region’s growing digital economy.
