Saudi debt crowdfunding marketplace Lendo secures $28m in Series B funding round


Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105m (US$28m) in Series B funding led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (“PIF”). The round saw participation from Shorooq Partners, AB Ventures, and other investors.


All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
Posted on Dec 12, 2023
Region: Kingdom of Saudi Arabia
invoice financing
debt financing, alternative financing, Lendo, Sanabil Investments, Osama Alraee