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Debt Crowdfunding Marketplace Lendo Raises $28 Million

Debt Crowdfunding Marketplace Lendo Raises $28 Million
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Saudi Arabia , Osama Alraee , Mohammad Jawabri , Public Investment Fund , Saudi Central Bank , Sanabil Investments , Shorooq Partners , Saudi Vision ,

Fintech Lendo to launch new financing products for Saudi SMEs

RIYADH: Fintech firm Lendo is planning to launch new products in the coming months to finance the burgeoning small and medium enterprises, or SMEs, in Saudi Arabia. The company recently bagged the official license from the Saudi Central Bank to produce innovative financial products in the Kingdom, making it the first Shari’ah-compliant company specializing in debt ....

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