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Wafeq and Kema Partner to Reshape SME Finance in MENA
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Dubai, UAE, on October 9th, 2025, Wafeq, a leading modern accounting and e-invoicing platform for businesses and accountants in the Middle East, has announced a strategic partnership with Kema, a fast-growing Accounts Receivable Automation and Invoice Financing company named among Dubai’s top 33 startups to watch.
Wafeq’s accounting platform and Kema’s working capital solution together deliver SMEs faster collections, instant liquidity, and smarter financial control.
Wafeq’s accounting platform and Kema’s working capital solution together deliver SMEs faster collections, instant liquidity, and smarter financial control.
A Strategic Collaboration for SME Growth
The partnership combines Wafeq’s advanced accounting, VAT compliance, and reporting platform with Kema’s cash flow and working capital solution, spanning receivables automation, invoice financing, and embedded payments. Together, the two companies deliver an end-to-end ecosystem that empowers SMEs to simplify financial management, unlock liquidity, and scale confidently.
Addressing SMEs’ Biggest Financial Challenges
For many SMEs, delayed receivables and unpredictable cash flow are among the biggest barriers to growth. By joining forces, Wafeq and Kema address these challenges with a unified approach:
- Maintain liquidity even during unexpected expenses.
- Free up working capital to reinvest in growth.
- Streamline finance and compliance in a solution built for the MENA market.
- Sync data seamlessly across systems for real-time visibility.
The integration’s Key Benefits for Businesses
With Kema’s plug-in, Wafeq users can activate invoice financing, AR automation, and embedded payment links in minutes — transforming the entire invoice-to-cash cycle from manual to intelligent.
- Faster liquidity: Access funds within 1–2 days by converting outstanding receivables into cash or deferring vendor payments by up to 90 days.
- Smarter Collections: Automate invoicing, reconciliation, and reminders to reduce manual effort.
- Quicker Payments: Accelerate inflows through embedded links and multiple payment methods, including credit cards, Sadad & Apple Pay.
By integrating these tools with Wafeq’s capabilities in VAT compliance, payroll, financial reporting, and multi-entity management, companies gain a comprehensive financial ecosystem that empowers growth while staying compliant with local regulations.
Maher Aoun, VP of Sales and Business Development, Wafeq, said:
Our mission has always been to simplify finance for the businesses in the region. Partnering with Kema allows us to extend that mission into the crucial area of cash flow, enabling our customers to manage their books easily and access liquidity whenever they need it most.
While Michael Ghandour, Founder & CEO, Kema, said:
At Kema, we’ve always believed SMEs need greater control over their cash flow to unlock growth. Our partnership with Wafeq, a best-in-class accounting solution, creates a complete financial ecosystem for these businesses, unifying data and processes across receivables, payments, financing, and compliance. With Kema’s plug-in, Wafeq users can activate all these capabilities in minutes — enabling faster collections, less manual admin, instant liquidity, and smarter working capital insights.
About Wafeq
Wafeq is a modern accounting and e-invoicing platform built for businesses and accountants in the Middle East. With powerful automation, local compliance, and multi-entity support, Wafeq enables thousands of companies to manage VAT, payroll, financial reporting, and more — all in one place.
About Kema
Kema helps SMEs master their cash flow and power growth. Our all-in-one working capital platform unifies receivables, payments, and financing to deliver stronger cash flow outcomes — accelerating on-time payments, reducing collection effort, and unlocking instant liquidity. Kema makes all of this seamless and accessible, transforming the entire invoice-to-cash cycle for speed, predictability, and growth. Named one of Dubai’s top 33 startups to watch, Kema is shaping the future of SME finance.
Wafeq and Kema aim to set a new standard for financial management in the Middle East, one where SMEs have access to smarter accounting and faster financing.
Wafeq and Kema aim to set a new standard for financial management in the Middle East, one where SMEs have access to smarter accounting and faster financing.