RAK SME

Name

RAK SME

Legal name

RAK SME

Website

https://raksme.ae

Company type

Private

Headcount range

1–10 employees

Short description

RAK SME is a UAE-based entity (operating under the .ae domain raksme.ae) whose name indicates a Ras Al Khaimah focus on small and medium enterprises. No products, services, business model, or customer segments are disclosed in the available source data.

Ownership category

akta.pro rank

Product category

SME Support Services

akta.pro primary industry

SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)

akta.pro secondary industry

SME Lending Platforms & Embedded SME Credit (FSAKAGAJ)

Keywords

• SME support services
• Business development
• UAE enterprise programs
• Ras Al Khaimah SME
• Small business assistance

GTM type

B2B

Offering type

Services

Core offering

RAK SME operates as an entity under the brand "RAK-SME" via its website (https://raksme.ae/). The source content does not provide a detailed description of the products or services offered. Based solely on the entity's name, it appears oriented toward small and medium enterprise (SME) activities in the UAE (Ras Al Khaimah), but specific offerings, value delivered, and customer segments are not documented in the supplied material.

Differentiator

Problem solved

Functional benefit

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Emerging players

• Wio Bank: Wio Bank is a UAE-based digital challenger bank offering SME and business banking accounts. Comparable as an emerging digital-first UAE player serving small business customers.

Direct peers

• RAKBANK: RAKBANK (Ras Al Khaimah National Bank) is a UAE bank headquartered in RAK with a long-standing focus on retail and SME banking. It is the most directly comparable peer given the same RAK home market and SME emphasis.

Broad incumbents

• Commercial Bank of Dubai (CBD): CBD is a UAE commercial bank with a business banking franchise serving SMEs. Comparable as a regional incumbent in the same UAE SME finance category.
• Mashreq Bank: Mashreq is one of the largest UAE banks with a dedicated SME division (Mashreq NeoBiz) serving small businesses across the country. It competes directly for the same UAE SME customers with broader product depth.
• Abu Dhabi Commercial Bank (ADCB): ADCB is a major UAE bank with established SME and commercial banking offerings. Comparable as a large diversified lender pursuing UAE small business clients.
• Dubai Islamic Bank (DIB): DIB is the largest Islamic bank in the UAE with SME financing products. Comparable as a broad Sharia-compliant incumbent serving UAE small businesses.
• First Abu Dhabi Bank (FAB): FAB is the UAE's largest bank with an SME banking division. Relevant as a broad incumbent competing for the same UAE SME finance market.
• Abu Dhabi Islamic Bank (ADIB): ADIB is a leading UAE Islamic bank offering Sharia-compliant SME financing. Comparable where RAK-SME products are structured under Islamic finance frameworks.
• Emirates NBD: Emirates NBD is a leading UAE banking group with an SME lending business and digital onboarding (E20. platform). It represents an established incumbent in the same UAE SME finance category.

Others

• Network International (now NGenox): Network International is a leading UAE-based payments processor serving merchants and SMEs. Adjacent comparator as an enabler of SME banking and merchant services in the UAE ecosystem.

Market position

Customer concentration

• LinkedInlinkedin.com/company/raksme

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RAK SME