As a tech-led, digital-native company, our drive is to make a meaningful difference not just in the lives of the underbanked, but their lifeline, which is their support network of families as well. myZoi has secured two licenses from the Central Bank of the UAE: the Stored Value Facilities (SVF) and the Retail Payment Services and Card Schemes (RPSCS) Category II. The licenses enable myZoi to empower the underbanked and support their essential transactional needs through a single platform.
The concept was incubated under SC Ventures, and is deeply inspired by low income workers commitment to remitting up to 80% of their income home, leaving little for personal use. T