Our Licences

Everything you need to feel confident.

Licensed by the Central Bank of the UAE and backed by Standard Chartered, one of the world's most trusted banking institutions. The assurance HR, finance and legal teams need from day one.

Backed by

Incubated by

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Two licences. One platform. Full confidence.

myZoi holds two licences from the Central Bank of the UAE; the country's highest financial authority, covering everything from holding funds to moving them.

Issued by the Central Bank of the UAE

Stored Value Facilities (SVF) licence

This licence lets myZoi hold and manage customer funds in a regulated digital wallet, so your employees' money sits on a licensed, supervised platform.

Issued by the Central Bank of the UAE

Retail Payment Services and Card Schemes (RPSCS) licence

This licence lets myZoi run payment services and issue cards. It underpins the myZoi card, payroll disbursement and remittances.

Backed by Standard Chartered. Incubated by SC Ventures.

myZoi is backed by Standard Chartered, a leading international banking group in 50+ markets, and incubated by SC Ventures, its fintech and innovation arm. That backing informs myZoi's approach to governance, risk and compliance.

A financial service backed by a globally trusted institution

Controls and risk frameworks that reflect a major international bank

Standard Chartered's own regulatory standing sits behind the platform

Backed by

Incubated by

Account-based payroll

Supporting the UAE's account-based payroll framework

The Central Bank of the UAE is moving the market from salary cards to account-based payroll. As an independent IBAN issuer, myZoi gives every employee their own individual account, fully aligned with CBUAE requirements, without disrupting your existing workflows.

Learn about Universal Accounts

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Data protection

Your data, and your employees' data. Protected.

myZoi applies industry-standard security across the platform, from onboarding to every transaction, and handles data in line with applicable UAE regulatory requirements. As a licensed platform under Central Bank of UAE supervision, that protection isn't just best practice, it's a legal requirement. For security documentation or due-diligence requests, contact our team.