AI-driven solution streamlines issuance, empowering SMEs and boosting bank efficiency
Dubai, May 12, 2025 – : Perfios, a leading global B2B SaaS TechFin, and Mastercard announced a strategic partnership to transform commercial card issuance for Small and Medium Enterprises (SMEs) in Middle East and Africa Regions. The collaboration will bring together Mastercard’s global payments network with Perfios’ expertise in AI, data analytics, and real-time financial decisioning to create a digital platform that simplifies and accelerates the commercial card enrolment process.
Across MEA, access to commercial credit and working capital tools like business cards remains limited for SMEs, despite their critical contribution to regional economies. This partnership directly addresses that gap, aiming to remove long-standing onboarding and decisioning bottlenecks that hinder SME growth. Perfios’ new AI-driven platform streamlines the commercial card issuance journey, from data collection and verification to decisioning and activation, significantly reducing complexity and processing time for banks and their SME clients. Mastercard and Perfios’ collaboration will be formalized with the signing of a Memorandum of Understanding (MOU) at the Dubai FinTech Summit 2025.
Perfios, the operating system for BFSIs, brings deep expertise in building and scaling financial infrastructure across the end-to-end customer lifecycle, covering onboarding, verification, decisioning, underwriting, risk intelligence, fraud prevention, and more. In partnership with Mastercard, this robust technology stack will help simplify and accelerate access to commercial card issuance, empowering banks to better serve the underserved SME segment and drive inclusive growth across the MEA region.
“This partnership with Mastercard marks a crucial step forward in democratizing access to commercial card services for SMEs,” said Sabyasachi Goswami, CEO of Perfios. “By combining our AI-led decisioning and data intelligence capabilities with Mastercard’s trusted payments infrastructure, we’re creating a seamless experience that will transform how banks serve their business banking customers.”
The solution will be initially launched in the MENA region with plans for broader rollout across regions in the coming months. This partnership represents a significant step forward in addressing the evolving needs of SMEs and financial institutions in the digital economy.
About Perfios:
Founded in 2008, Perfios is a global B2B SaaS company serving the Banking, Financial Services and Insurance industry in 18 countries, empowering 1000+ financial institutions. Through their pioneering software platforms and products, Perfios helps financial institutions to take big leaps by shaping their origination, onboarding, decisioning, underwriting and monitoring processes at scale and speed. Perfios delivers 8.2 billion data points to banks and financial institutions every year to facilitate faster decisioning, and significantly accelerates access to credit and financial services for their clients’ customers. Headquartered in Bangalore, with offices worldwide and with 75+ products and platforms, and over 500+ APIs, in Perfios, their clients have a confident and a robust start-to-end tech platform.
To know more, visit Perfios.com and follow them on LinkedIn, Facebook, Instagram, YouTube.
Media & Communications:
Garima Kaul
+91 93158 35850
garima.kaul@perfios.com
