Comera Finance has received its final regulatory approval from the Central Bank of the UAE (CBUAE) to operate as a Non-Banking Financial Company. The company is part of Comera Financial Holdings, which sits under Abu Dhabi’s Royal Group. The licence authorises Comera Finance to provide retail and wholesale financing services across the UAE.
The approval enables Comera Finance to deliver regulated lending solutions in line with national financial regulations. It supports the group’s strategy to create a technology-driven and compliant financial services platform for individuals, SMEs, and corporate clients. The licensing process followed a comprehensive regulatory review that assessed governance, risk management, and operational capability.
Mr. Akhtar Saeed Hashmi, Managing Director & Group CEO of Comera Financial Holdings, commented on the milestone:
“The final NBFC license approval from the Central Bank of the UAE is a defining moment for Comera Finance and a strong validation of our regulatory-first approach. As part of Abu Dhabi’s Royal Group, we are committed to building trusted, institution-grade financial solutions that align with the UAE’s vision for a resilient, inclusive, and future-ready financial system.”
Following the approval, Comera Finance will begin offering structured financing products for consumers and businesses. The company will place strong emphasis on responsible lending practices, clear disclosures, and customer protection. All activities will operate under the CBUAE’s regulatory standards, with firm controls in place for compliance and risk oversight.
The licence adds further strength to the Comera platform, which integrates communication tools, payments, and financial services. The group aims to simplify access to finance through technology, while maintaining high standards of governance and data security.
Comera Finance’s entry into the market aligns with the UAE’s economic goals, including support for SMEs, improved financial access, and the growth of an innovation-led economy. The company plans to expand in a measured way, supported by strong capital backing, experienced leadership, and a commitment to regulatory best practice.
This development signals the start of Comera Finance’s expansion phase as it collaborates with regulators and partners to deliver financial services that support the UAE’s evolving financial landscape.
