AMMAN The fintech financing firm “liwwa” has received a one-million euro loan from Proparco, the French development finance institution in order to help liwwa’s growth and promote job creation as well as social cohesion, according to a statement from the French embassy.
Jordan-based Fintech liwwa closed an $18.5 million pre-Series B round of equity and debt. Founded in 2015, liwwa employs technology across its operations to provide tailored financial solutions. It also owns and operates the liwwa Investment Platform, a peer-to-peer platform that enables retail investors to finance liwwa loans and earn returns.
January 7, 2021 4 min read Opinions expressed by
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I’m writing this post today to share some big news.
After six years of running liwwa, I am handing the reins to our COO, Dennis Ardis. Dennis is a skilled manager with an exceptional capacity for execution. Today, he’s the right man at the right time.
To understand this move on my part, a look back at how liwwa got to be where it is today is necessary.
In 2012, I was in graduate school, and I was faced with a choice. I could either find a job, or I could start a business. I knew that I didn’t want to work for a large company in New York or Boston, and I knew I wanted to focus on a really hard problem.