erad Raises $22 Million Series A Led by MEVP to Accelerate SME Financing Across the GCC
erad, a Riyadh-headquartered, Shariah-compliant alternative financing platform for SMEs, raised $22M Series A led by MEVP to expand its product suite and regional presence across the GCC. The company—founded in 2022—has deployed SAR 500M in financing and reports rapid growth in Saudi Arabia.
