Saudi Fintech Startup Muhlah Raises $7.5M Seed Round to Expand Shariah-Compliant Consumer Finance Across The Kingdom
Saudi fintech Muhlah raised $7.5M in a seed round led by BIM Ventures and SBI Group to scale its Shariah‑compliant consumer microfinance platform across the Kingdom. The 2024‑founded startup is SAMA‑licensed and plans to expand lending capacity and technology-driven compliant financing.