Lendo is a FinTech platform that fills a funding gap left by large institutions, including banks, by providing debt financing for SMEs. Lendo supports the financial growth and stability of SMEs by offering funding for forward sales invoices. This not only enables immediate cash flows but also facilitates debt financing through crowd-funding from investors seeking short-term investment opportunities. Due to their dedicated efforts in eliminating the costs and challenges typically associated with traditional financing, Lendo stands out as a favorable option. Notably, Lendo is the first company in Saudi Arabia to be licensed by SAMA in Crowd-lending.
FinTech / Crowd-lending
Seed + Series A