M
MENA Startups
SB

SME Bank

fintech
N/A
riyadh, saudi-arabia

About

A Saudi development bank providing tailored financing and guarantees to small and medium-sized enterprises, including alternative finance via an Agency Financing Program.

Founders

IA

Ibrahim Al-Rashid

CEO

Recent News

SME Bank, Aramco Taleed, and Manafa Introduce SAR1.5 Billion SME Financing Solutions
funding
about 2 months ago

SME Bank, Aramco Taleed, and Manafa Introduce SAR1.5 Billion SME Financing Solutions

SME Bank, Aramco Taleed and fintech Manafa launched a SAR1.5 billion (≈$400M) Sharia-compliant SME financing programme to speed working capital, invoice financing and supply-chain liquidity for SMEs in Aramco's ecosystem over five years.

Company Info

Total Funding

$400 million

Stage

N/A

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