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ALAMI nets funding for Shariah-compliant P2P SME lending
Indonesia-based ALAMI Group, which offers Shariah-compliant P2P SME lending services, has reportedly closed its pre-Series B funding round.
Saudi Arabia’s erad raises $2.4m for alternative financing service
erad, which offers Middle East-focused alternative financing platform for businesses, has raised $2.4m in funding.
Sharia-compliant invoice financing platform Lendo said to raise $7.2m
Saudi Arabia-based invoice financing platform Lendo has reportedly collected $7.2m in its Series A round.
P2P lending platform Raqamyah said to close $2.3m seed round
Peer-to-peer lending platform Raqamyah has reportedly raised $2.3m in a funding round led by Impact46.
Malaysian P2P platform microLEAP scores $3.26m in funding
Malaysia-based P2P lending platform microLEAP said to close RM13.25m ($3.26m) in a new financing round, which was supplied by MAA Group.
Sharia-compliant FinTech platform Alami said to raise over $20m in funding
Sharia FinTech platform Alami Technologies has allegedly raised more than $20m in a mixture of debt and equity.