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Mashreq partners with
Toothpick to launch UAE’s
first digital loan solution
for healthcare services
(DUBAI)
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Mashreq, a leading
financial institution in the
MENA region, has partnered
with Toothpick, a prominent
healthcare platform with a
network of more than 1,000
dental and aesthetic
clinics, to launch Mashreq
NEO Credit Loans. This new
embedded financing solution
enables customers using
Toothpick network clinics
across the UAE to access
flexible, high-value
financing directly at the
point of care.
The
new partnership means that,
for the first time in the
UAE healthcare sector,
patients can finance dental
and aesthetic treatments of
up to AED 150,000 through a
fully digital, integrated,
and seamless journey. The
solution removes traditional
payment barriers for
higher-ticket procedures,
allowing customers to
proceed with treatments with
greater confidence and
affordability.
The
agreement marks an important
milestone in Mashreq’s
Banking-as-a-Service
strategy, reinforcing its
leadership in embedded
finance and digital lending.
By integrating Mashreq NEO
Credit Loans into
Toothpick’s platform,
Mashreq expands its reach
into the healthcare
ecosystem while delivering a
customer-focused experience
that aligns with the UAE’s
accelerating shift toward
digital banking solutions.
Commenting on the
partnership, Ghazal
Al Sakaal, Global Head of
Ecosystems and Platform
Banking at Mashreq, said:
“Our collaboration with
Toothpick reflects Mashreq’s
commitment to delivering
innovative and accessible
financial solutions that
meet real customer needs. By
embedding high-value
financing solutions directly
into the healthcare journey,
we are enabling patients to
make important treatment
decisions with greater ease
while supporting clinics
with a seamless, trusted
payment experience.”
Through the integrated
process, clinics initiate
the financing request via
Toothpick’s platform, after
which Mashreq authenticates
the customer and shares a
secure link to complete the
application. Once approved,
funds are disbursed directly
to the clinic, creating a
streamlined and efficient
experience for both
customers and healthcare
providers.
Sary Azakir, Co-founder and
Chief Growth Officer at
Toothpick, said:
“Our partnership with
Mashreq introduces a new
standard for healthcare
financing in the UAE. We
thank Mashreq for their
trust in the Toothpick
ecosystem, and we look
forward to innovating
together by combining
Toothpick’s strong clinic
network with Mashreq’s
digital lending
capabilities. Using
innovation and technology to
expand access to care and
help bridge financial
challenges will remain our
focus and commitment.”
This partnership
addresses the growing demand
for financing beyond
traditional BNPL limits,
expanding access to both
essential and premium
healthcare services by
offering higher-value,
flexible financing
solutions.
The
partnership will initially
focus on dental and
aesthetic clinics across the
UAE, with plans to explore
expansion into additional
healthcare verticals in the
coming months.
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