FS
Funding Souq
Saudi Arabia · Fintech
Funding Souq connects small businesses with Shariah-compliant financing and provides infrastructure for embedded lending.
Product
Funding Souq operates an SME financing platform across Saudi Arabia and the United Arab Emirates. Its marketplace connects businesses with institutional and retail private-credit investors, supporting term loans, invoice finance and supplier finance.
A second part of the business provides financing infrastructure that other platforms can embed in their services. It uses operating and performance data to assess borrowers and tailor financing to the business, including restaurant merchants served through Foodics.
Funding history
1 round · 0 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Strategic minority investment | Undisclosed | Foodics — Participant |