Why Avora Money: one app for getting paid and paying out
Why we are building Avora Money: a single UAE app where a company accepts payments, holds its balance and spends it, instead of four separate providers.
Ask a small business owner in the UAE how their money moves and you will usually hear about four relationships: a payment provider that takes card payments, a bank account that receives the settlements, a card for company spending and a payroll process that lives somewhere else. Each has its own onboarding, its own login and its own statement.
Avora Money is our answer to a simple question: why is that four things?
What is Avora Money?
Avora Money is a UAE app for companies that combines two halves of business finance that are normally sold separately.
- Money in. Accept payments with Tap to Pay on a phone, payment links and QR codes.
- Money out. A business wallet with its own IBAN and a company card, plus local and international transfers, bill payments, statements and salaries through WPS.
The two halves are connected. What you accept settles to the wallet, and the wallet is what you spend from.
Why does combining them matter?
One balance
When acceptance and the account are separate, a sale is a number on one screen and cash on another, some time later. With one wallet there is a single figure that tells you what the company has.
One onboarding
Company documents are checked once for the whole setup, instead of once per provider.
One record
Sales, card spending, transfers and salaries appear in the same statement. Month-end becomes a download instead of a reconciliation project.
No hardware
Tap to Pay runs on a phone. A new branch, a delivery driver or a market stall can start taking payments without waiting for a terminal.
Who is it for?
Companies that take payments every day and do not have a finance department: shops, cafés and restaurants, clinics and salons, contractors and delivery teams, and sellers who do most of their business over chat and social media.
What Avora Money is not
Avora Money is a financial technology platform. It is not a bank. Regulated payment, wallet and card services will be provided through licensed UAE partners, and we will name them when the product launches.
Where are we today?
Avora Money is in pre-launch. The features described here are what we are building, and details may change before launch. If this is the setup you want for your company, join the waitlist and we will write to you when onboarding opens.
For background on the market we are building for, read our guide to the UAE payment landscape.
This article is general information, not financial, legal or compliance advice.
