Lendo

Lendo (ليندو) is a Riyadh-based, SAMA-licensed debt crowdfunding marketplace where Saudi SMEs finance outstanding invoices and working capital and retail or institutional investors fund those deals from SAR 1,000 for 30 to 180-day terms. Founded in 2019 by Osama Alraee and Mohamed Jawabri, it has arranged more than SAR 5 billion in cumulative financing across 11,000+ loans, raised a $28 million Series B led by Sanabil Investments in December 2023, and secured a $690 million warehouse facility led by J.P. Morgan in 2025.