Knuru Capital to invest $30 into medical receivables financier


Venture investor firm Knuru Capital announces that it will be providing KLAIM with a $5m seed investment into an innovative securitised financing structure to help scale its receivable purchase operations in the UAE. KLAIM is a FinTech company dedicated to healthcare that provides working capital to small and mid-size healthcare providers to ease their cash flow burden.

Through this deal, Knuru will provide an initial commitment with plans to increase this to over $30m by way of a pool of Sharia-compliant investors. The funding will be used to support KLAIM’s medical claims receivable purchasing solution.


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Posted on Nov 22, 2022
Region: UAE
receivables finance
invoice finance, receivables, Fintech, Knuru Capital, KLAIM, Al-Khair Capital, Alain Dib, SME finance