In 2024, Beyoncé Will Provide Digital Financial Solutions For Businesses

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Beyon will launch a new vertical by the end of the first quarter of 2024, offering digital financial solutions for small and medium-sized businesses (SMBs) as well as corporations.

In a news statement issued on Thursday, December 21, the firm announced that the new Beyon Money Business service would begin in Bahrain and thereafter spread throughout the Middle East and North Africa (MENA) area.

Beyon Chief Digital Growth Officer Shaikh Mohamed bin Khalifa Al Khalifa stated in the statement, “We continue our portfolio expansion path by addressing the requirements of [SMBs] and corporates with the launch of Beyon Money Business.”

Digital prepaid corporate cards, which will give an effective and digital way to handle petty cash, invoice payments, travel expenditures, and other department requirements, are one of the financial solutions provided by Beyon Money Business, according to the announcement.

According to the statement, the site will also let users invest corporate liquidity through Flexi Invest, a liquidity remuneration product that gives businesses the option to withdraw at any moment without incurring penalties and pays competitive rates.

According to the announcement, Beyon Money Checkout, a B2B digital wallet payment solution, is the third service provided by Beyon Money Business. It enables customers to conduct instantaneous B2B payments and lowers their merchant acquisition costs.