Lendo and BSF Capital Sign SAR 100 Million Funding Partnership to Support SMEs
Lendo, a debt-based crowdfunding platform subject to the oversight and supervision of the Saudi Central Bank, announces the signing of an agreement with BSF Capital to establish a funding partnership with an initial size of SAR 100 million, dedicated to financing small and medium enterprises (SMEs) across the Kingdom of Saudi Arabia.
This strategic partnership combines Lendo's technology and direct reach into the SME segment with BSF Capital's institutional strength and the confidence of its investor base, creating a channel that connects institutional capital to the businesses that need it. Through the cooperation, investors gain access to a Sharia-compliant asset class anchored in the real economy that helps diversify their portfolios.
This agreement supports Saudi Vision 2030 objectives to expand financing capacity, strengthen the contribution of SMEs to the national economy, and broaden access to diversified sources of financing and drive GDP expansion.