CME Expands into Digital Finance, Launches CoorB

CME, a multinational technology firm with over 40 years of experience in delivering cutting-edge solutions, announces its strategic expansion into digital finance with the launch of CoorB. As it steps into the financial technology sector, CME achieves another major milestone on its expanding technology roadmap.

CoorB builds on CME’s comprehensive engineering, UX, AI, and data science expertise to offer unparalleled end-to-end financial solutions and services. Backed by a robust team of 500 engineers serving 80 million daily users, CoorB is poised to transform legacy financial systems with modern technology, ensuring rapid, user-focused digital advancement without needing a complete overhaul. By overlaying modern tech on top of existing systems, this efficient approach achieves agile digital transformation for governmental organizations, banks, non-banking financial institutions, and mobile network operators.

Wissam Youssef, CEO of CME, said: “Launching CoorB aligns with CME’s vision to pioneer a specialized hub for financial technology innovation. This move perfectly represents our commitment to enhancing the digital finance landscape. It also enriches our portfolio, integrating seamlessly with our insurance practice to offer a broad spectrum of services tailored to the financial sector’s evolving needs.”

CoorB will operate in principal markets across the Middle East and Africa, including the United Arab Emirates, the Kingdom of Saudi Arabia, and the Arab Republic of Egypt, setting new standards in the FinTech industry.

About CoorB

CoorB is a professional services company specializing in technology and digital financial services that offers innovative solutions to governmental organizations, banks, non-banking financial institutions, and mobile network operators. It boasts diverse expertise and is backed by a robust infrastructure comprising 500 experts and leading industry partners. Its varied catalog of offerings covers business strategy, program management, and future-proof technology solutions that overcome the limitations of legacy systems without the need for a complete overhaul.

With its prolific background in the tech sector, CoorB helps businesses and organizations keep up with the latest advancements and ensures that technology serves the right business goals. Its rapid mobilization of resources and unique problem-solving approach drive it to achieve meaningful results within weeks.