Mamo and Lyvely Join Forces to Supercharge UAE’s Creator Economy with Streamlined Payment Solutions
Mamo, a leading FinTech company in the UAE, is revolutionizing payment solutions by partnering with Lyvely, a dynamic social e-commerce platform. This collaboration aims to enhance the efficiency of payment processing for content creators, reflecting Mamo’s dedication to advancing the UAE’s burgeoning creator economy.
About the Partnership
The partnership between Mamo and Lyvely signifies a strategic move towards enhancing the creator economy in the UAE. Mamo has been selected as the preferred payment provider for Lyvely, which empowers content creators to monetize their products and services effectively.
Key Features of the Collaboration
- Custom Split Payout Functionality: Mamo will develop a tailored split payout feature, enabling Lyvely to distribute payments seamlessly between the platform and its creators.
- Improved Payment Efficiency: This collaboration aims to enhance payment workflows, ensuring timely and transparent transactions.
- Support for Content Creators: Mamo’s solutions will directly support creators, helping them manage their finances better.
Mamo: A Trusted FinTech Provider
Established in the UAE, Mamo is licensed by the Dubai Financial Services Authority (DFSA) as a Category 3C entity providing money services. The company specializes in automating payment collection and managing corporate expenses, catering to a wide range of businesses across the region.
Lyvely: Empowering Creators
Lyvely serves as a social e-commerce platform that facilitates interactions between content creators and their audiences. By providing tools that streamline business operations, Lyvely enables creators to focus on their craft while efficiently monetizing their efforts.
Impact on the Digital and Creator Economies
This collaboration is pivotal in addressing the financial challenges faced by modern businesses. According to Mamo’s co-founder and CEO, Imad Gharazeddine, “The creator economy in the UAE is growing rapidly, and businesses like Lyvely are at the forefront of this transformation.” Mamo’s focus on simplifying financial processes is crucial for enabling the success of creators.
Feedback from Leadership
Farah Zafar, co-founder and CEO of Lyvely, emphasized the importance of timely payments for content creators, stating, “Mamo has provided us with a reliable solution that not only simplifies our operations but also strengthens our relationship with creators.” This partnership is set to foster a stronger ecosystem for creators to thrive.
For more information on Mamo’s innovative payment solutions, visit their official website.