Lendo helps SMEs looking for immediate cash flows and debt financing to crowd-fund from investors that are interested in short-term investment opportunities. Lendo is the first Consumer-to-Business (P2P) lending platform that obtained a sandbox license from the Saudi Central Bank.

Why we partnered

Lendo is an alternative finance channel for SMEs, filling a funding gap that banks have not approached. We have chosen the founders and Lendo’s team as they are working hard to eliminate the costs and issues seen with traditional financing. With a SMEs funding gap expected to reach USD c. 2.10bn in Saudi Arabia, Lendo is set to create a whole new segment of funding using peer-to-peer crowdlending.