KSA-based Shariah-compliant debt crowdfunding platform Lendo has secured a US$690 million (SAR 2.6 billion) warehouse ...

Saudi Arabia - Lendo, Saudi Arabia’s leading debt crowdfunding platform, has secured a $690 million warehouse facility from J.P. Morgan, marking a major milestone for the country’s fintech sector.

The facility also signals the growing confidence of international investors in Saudi Arabia's fintech sector and its regulatory framework. Lendo has successfully raised two investment rounds to date.

Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy, the company said. Lendo said J.P. Morgan’s ...

Lendo has successfully raised two investment rounds to date. The company's last USD 28 million Series B investment round was led by Sanabil Investments, a wholly owned subsidiary of Saudi Arabia's ...

Janus Henderson Group Plc is pursuing opportunities in Saudi Arabia as it looks to grow its footprint in the Middle East and ...

The office move comes after five years of rapid growth in the Kingdom. Mike Belt joins TBH as the Country Director for the Kingdom of Saudi Arabia, bringing over three decades of experience, primarily ...

A Chinese company, Lixun Diansheng, faced backlash for photographing employees in the restroom and displaying the images publicly as a warning against long breaks. This act, intended to deter ...

Ant International, a leading global digital payment, digitisation and financial technology provider, has opened a new office location in the central b ...

A copy of President Donald Trump’s mugshot from his arrest in Georgia on RICO and other charges was framed in gold and put on the wall in an entryway to the Oval Office. Images of the mugshot in ...