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Lendo raises $28 million Series B led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B...

Saudi Arabia: Debt Crowdfunding Marketplace Lendo Scores $28m In Series B Funding

The Middle East and North Africa's 10 most funded e-commerce startups

RIYADH: As technology transforms the world from physical to digital, the retail industry, digitally known as e-commerce, has been one of the most rapidly changing sectors in the Middle East and North Africa. The e-commerce industry in the MENA region is estimated to be valued at $31 billion in 2021 and will reach over $50 billion by 2025. In this edition, Arab News has

Fintech Lendo to launch new financing products for Saudi SMEs

RIYADH: Fintech firm Lendo is planning to launch new products in the coming months to finance the burgeoning small and medium enterprises, or SMEs, in Saudi Arabia. The company recently bagged the official license from the Saudi Central Bank to produce innovative financial products in the Kingdom, making it the first Shari’ah-compliant company specializing in debt

Saudi Lendo obtains SAMAs's crowdfunding licence

Saudi Arabia-based fintech Lendo, has obtained Saudi Central Bank’s (SAMA) licence to operate as a Shari'ah-compliant debt...

Arab Finance - News - Egypt's Capiter seeks to raise $75M in new funding rounds

Capiter, an Egypt-based B2B marketplace, is planning to raise new investments worth $75 million within the coming few months

Saudi fintech Sanad Cash raises $1.6 million Seed round

Saudi Arabia-based on-demand payment Platform Sanad Cash, Inc. has raised a $1.6 million Seed round with participation from Impact46...

Saudi fintech Sanad Cash raises $1.6 million Seed round

Saudi Arabia-based on-demand payment Platform Sanad Cash, Inc. has raised a $1.6 million Seed round with participation from Impact46...

TechCabal Daily - A $40bn investment 💰

TechCabal Daily - A breath of Releaf 💨

In today's edition of #TechCabalDaily: Capiter raises $33m ; Instagram’s adverse effects on young adults; Releaf is breathing life into Nigeria’s food processing industry; The UK government partners with the Nigeria Startup Bill; and, Events: DSN's AI Startup Summit