Rezolve Ai powers Mashreq cashback program with Visa in UAE
Rezolve Ai (NASDAQ: RZLV) announced that its Reward platform is powering Everyday Cashback, a new card-linked offers program launched by Mashreq in partnership with Visa in the United Arab Emirates.
The program gives Mashreq UAE debit and credit cardholders access to automated cashback of up to 20% at hundreds of merchants across the UAE and internationally. Customers can discover, activate, and track cashback transactions through the Mashreq mobile app.
Mashreq reported AED 335 billion (approximately $91 billion) in total assets, AED 205 billion (approximately $56 billion) in customer deposits, and AED 12.6 billion (approximately $3.4 billion) in operating income for fiscal year 2025.
The program uses analytics to personalize offers for cardholders and provides merchants with a transaction-linked channel for customer acquisition and loyalty campaigns.
Daniel M. Wagner, Chief Executive Officer of Rezolve Ai, said: "Banks see every purchase their customers make, yet for most people that has never translated into genuinely useful, personalized offers at the right moment. That gap is exactly what Rezolve Ai is built to close."
Salima Gutieva, Visa's VP and Country Manager for UAE, said: "The launch of this Visa Card Linked Offers program with Mashreq demonstrates the strong demand for this type of proposition and shows how innovation and collaboration can transform everyday payments."
Rezolve Ai's Reward platform operates across more than 15 markets in the UK, Europe, the Middle East, and Asia. The company said the Mashreq launch extends its technology into financial services beyond its traditional retail commerce operations.
