Emirates NBD unveils E20 69

Still in beta mode , the widely anticipated digital bank E20 was designed with SMEs in mind at the end of 2019 . One of two challenger banks launched by Emirates NBD , E20 will allow business owners to conduct international and local transfers , generate invoices , track receivables and view P & L statements . It can also share information on VAT returns . “ E20 will help business owners manage their finances and cash flows efficiently and in an affordable manner while also powering their decision-making and growth plans ,” said Shayne Nelson , Group CEO of Emirates NBD . www . fintechmagazine . com