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Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a strategic partnership to explore and potentially develop tailored SME financing solutions, subject to regulatory approvals. Today, SMEs represent 1.3 million...
#Abdulla Almoayed#financing gap#Geidea
Zain KSA, a leading provider of communications and digital services in Saudi Arabia, announced a supplier financing agreement worth SAR…
#supplier finance#supply chain finance
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105m (US$28m) in Series B funding led by Sanabil…
#alternative financing#debt financing#Lendo
The Saudi Export-Import Bank (EXIM Bank) has entered into an agreement with Obeikan AGC Glass Company for an export credit…
#Exim Bank#export credit insurance#trade credit insurance
Saudi Awwal Bank has partnered with MasterCard to introduce the leading bank’s SME Business credit card to the Kingdom which…
#Adam Jones#Mastercard#SME lending
Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in…
#Adam Jones#digitisation#Mastercard
“Almost every Saudi bank has or is planning to have a supply chain finance solution in place”, says Betül Kurtulus,…
#digitisation#supply chain finance
Al Amthal Financing Co., a SME lending company in the Kingdom of Saudi Arabia, has chosen Codebase Technologies, one of…
#digital finance#digital lending#SME lending