In a landmark move to transform the digital landscape for small and medium-sized enterprises (SMEs), BoxCommerce, a leading global eCommerce platform and MasterCard Start Path Partner, has announced a powerful new partnership with ruya. This collaboration brings together banking and e-commerce in a single, integrated toolkit—designed specifically to help everyday SMEs in the UAE grow, thrive, and compete in an increasingly digital economy.
This partnership arrives at a critical time as the UAE’s e-commerce market continues its rapid ascent, projected to reach AED 50 billion by 2028, with over 70% of the population actively shopping online and mobile commerce leading the way. While the country is home to approximately 600,000 SMEs, many still lack access to simple, affordable, and powerful digital selling tools combined with financial services built for growth.
Through this collaboration, ruya’s SME clients will gain direct access to BoxCommerce’s all-in-one e-Commerce platform, enabling them to launch an online store in just minutes, complete with integrated payments, delivery, social media marketing, and access to marketplaces. At the same time, ruya will offer tailored financial products and services that align with the digital needs of modern SMEs, ensuring they have the capital and infrastructure to scale with confidence.

“This partnership is about more than just technology—it’s about empowerment,” said Craig McLeod, CEO of BoxCommerce. “We know that SMEs are the backbone of the UAE economy, making up 94% of all companies and employing over 86% of the private workforce. By combining our eCommerce tools with ruya’s innovative banking services, we’re creating a complete growth engine for local businesses to thrive in a digital-first world.”
“At ruya, we believe access to opportunity begins with access to the right tools. Our partnership with BoxCommerce reflects our commitment to helping SMEs not just survive, but succeed in today’s digital economy. Together, we’re breaking down barriers and giving small businesses in the UAE the power to dream bigger, reach further, and grow faster.” – Christoph Koster, CEO of ruya.
Both companies share a commitment to enabling inclusive digital transformation. As a strategic eCommerce partner of MasterCard, BoxCommerce brings global expertise and infrastructure to the partnership, while ruya contributes a deep understanding of local business needs and banking innovation.
Together, BoxCommerce and ruya aim to eliminate the barriers that prevent SMEs from going digital, offering a single, seamless solution that blends financial services with powerful eCommerce tools.