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Saudi Arabia’s Small and Medium Enterprises Bank (SME Bank), a development bank under the National Development Fund, announced the allocation of SAR10.5bn (US$2.8bn) to support the small and medium enterprises sector, through existing and new financing programmes offered by the...
#SME bank
According to Arab News this week, ‘the year of the fintech is just getting started.’ Arab News, based in Riyadh,…
#supply chain finance
Banque Saudi Fransi and fintech Lamaa have signed a... (more…)
Coface, a global leader in trade credit insurance and adjacent specialty services, and... (more…)
#trade credit insurance
Saudi Arabia has started implementing the mandatory application of the first phase of e-invoicing “fatoorah” on Saturday Dec. 4.In the…
#fatoorah
Invoice finance fintech Lamaa had secured a US$5.5m seed round, the largest one in Saudi Arabia. The round was co-led…
#buy now pay later#invoice#smes
Gulf International Bank (GIB) Saudi Arabia won the ‘Best Islamic Receivable Finance Award 2021’... (more…)
In line with its Vision 2030’s initiative to increase financing for the SME sector ... (more…)
#bank#payables#Payables finance
Saudi’s e-invoicing project Fatoorah is one of the key initiatives led by Saudi Arabia’... (more…)
#bank#DEC#digital
The Ta3meed platform has been selected as... (more…)
#bank#PO#smes
Demica, one of the largest independent providers of working capital solutions, today announced that it has... (more…)
#artificial intelligence#bank#supply chain finance
Mastercard has signed a Memorandum of Understanding (MoU) with AlRaedah Finance, to launch... (more…)
#Mastercard
Saudi Arabia’s Ministry of Finance launched 12 new products on its digital portal... (more…)
#bank#financial services#guarantees