What it sells
Non-dilutive funding and payments in the Middle East
Business model breakdown
Buyer: who owns the budget?
UnverifiedOwner/founder or finance lead of the SME.
Trigger: what makes them buy now?
UnverifiedSMEs need fast growth capital (inventory, expansion) that banks serve slowly.
Workflow: what inputs become what output?
Business applies online, gets a quote in minutes with no obligation, receives a financing decision and funding within 48 hours; also embedded finance for B2B suppliers to offer financing at point of sale.
Economics: what it saves and how it charges
Sharia-compliant Murabaha financing funded by debt facilities (USD 125M facility led by Jefferies, USD 33M from Stride Ventures); earns the Murabaha mark-up on capital deployed.
Distribution: how it reaches customers
Direct online application with content marketing/blog and embedded point-of-sale financing with B2B suppliers.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2022 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.