Comfi, the UAE-based B2B embedded finance platform, has announced a strategic partnership with Wafeq, one of the GCC’s leading and fastest-growing accounting software providers.
Through this collaboration, Wafeq users can now turn their outstanding invoices into working capital in just a few clicks, accessing up to AED 2 million in flexible funding through Comfi, without disrupting their current sales process.
“This partnership is about giving SMEs more control, more liquidity, and more tools to grow,” said Sanjar Samiev, CEO of Comfi. “We’re embedding financing right where it belongs—into the daily tools businesses already use.”
As part of this partnership, Comfi has committed to disbursing $5 million in invoice financing through the Wafeq platform to help UAE-based SMEs unlock cash flow and scale faster.
The next phase will allow Wafeq customers to offer “Pay Later” options directly on their invoices, powered by Comfi. This will enable clients to access credit while the supplier still gets paid upfront—with zero risk.
“Our mission at Wafeq is to simplify financial operations for SMEs across the UAE and KSA,” said Maher Aoun, VP of Sales and Business Development. “By integrating Comfi’s credit infrastructure, we’re creating a seamless ecosystem where companies can sell, get paid, and extend credit—all in one place.”