Lendo Signs SAR 40 Million Co-Financing Agreement with the Social Development Bank to Support Small and Micro Enterprises

Riyadh, Saudi Arabia – [14 September 2026]:Lendo, the debt crowdfunding platform subject to the oversight and supervision of the Saudi Central Bank, announced the signing of a SAR 40 million co-financing agreement with the Social Development Bank, aimed at expanding access for small and micro enterprises in the Kingdom to Sharia-compliant financing solutions.

The partnership builds on the efforts of both parties to bridge the financing gap in the small and micro enterprises, and supports the objectives of Saudi Vision 2030 in enabling the private sector to play a greater role in economic development.

The agreement was signed during theparticipation of both parties at Money20/20 Middle East, held in Riyadh from 14to 16 September 2026.

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