UAE’s Purchase Now Pay Later Fintech Spotii to Assist Enterprise Progress with Microsoft AppSource through the use of its Community to Co-Market Companies

Dubai’s Purchase Now Pay Later (BNPL) Fintech agency Spotii has formally launched on Microsoft AppSource, which is an app retailer and on-line market for firms utilizing numerous Microsoft merchandise.

Spotii’s digital platform permits trend, magnificence, and life-style stores to supply extra versatile fee plans to their purchasers. The Fintech agency’s funds choices enable customers to make 4 equal installments for any purchases they make through Spotii. As coated, the UAE-based Fintech startup had launched its companies within the UAE again in Could 2020. The corporate had secured a “seven-figure” seed funding simply two months after its launch.

The partnership will enable Spotii to make use of Microsoft AppSource as a platform to market its BNPL companies to totally different retailers utilizing numerous merchandise and options of the worldwide tech big. As a Microsoft associate, Spotii will have the ability to work immediately with the gross sales and advertising and marketing departments to market its merchandise to the tech agency’s enterprise purchasers primarily based within the UAE, Saudi Arabia, and different MENA area international locations.

Spotii’s administration declare that they’re the very first BNPL platform within the Center East to workforce up with a world enterprise tech agency like Microsoft. Nevertheless, it’s value noting that this isn’t some main partnership, as many startups like to assert. Microsoft gives comparable offers to many different firms, that are fairly fundamental and simply makes it simpler to make use of the tech firm’s line of services.

Anuscha Iqbal, founder and CEO at Spotii, famous that Microsoft has helped with launching merchandise which could be fairly difficult proper now as a result of COVID-19 outbreak.

Toby Bowers, Basic Supervisor, Enterprise Functions Group, Microsoft Corp., famous that Microsoft AppSource offers prospects entry to the options which can be solely accessible from the corporate’s associate ecosystem.

Roberto Croci, Managing Director, Microsoft for Startups MEA, stated:

“We’re happy with the milestone that Spotii has achieved by publishing their resolution on Microsoft AppSource to turn into an enterprise-ready associate resolution. The worth of the Microsoft for Startups program is in enabling Spotii to speed up their enterprise development with our co-selling, co-marketing and go-to-market companies and unlock entry to markets at scale.”

Ahmed Khizer Khan, CEO at Daman Investments (a Spotii investor), had said in July 2020:

“The launch of this funds platform couldn’t have come at a greater time, particularly as enterprise house owners navigate the present market turbulence as a way to place themselves for future success. We’ve got been monitoring the startup panorama for companies which can be capable of traverse the present state of affairs and would even be energetic contributors to the expansion of the area.” 

Khan had stated in July this yr that his agency feels assured that the Spotii platform will have the ability to contribute in the direction of the quick creating Fintech sector within the GCC area.