Saudi Fintech Nayla Finance Secures $4M to Expand Digital Lending for Small Businesses
Nayla Finance, a Saudi Arabian fintech platform specializing in digital lending solutions, has raised $4 million in seed funding to expand its services for micro and small businesses across the Kingdom. The funding round was led by Sanabil Venture Studio by Stryber, a key player in fostering fintech innovation in the region.
Fueling Growth with Additional $2.7M in Debt Financing
Beyond the equity investment, Nayla Finance plans to deploy an extra $2.7 million in debt financing to build its loan portfolio. This will provide much-needed capital to small businesses operating in sectors such as:
✅ Food & Beverage
✅ E-commerce
✅ Retail
This strategic move is aimed at enhancing financial inclusion and supporting the growth of micro-businesses, which often struggle to secure funding from traditional banks. By addressing this gap, Nayla is helping entrepreneurs and small business owners gain access to fast, flexible financing.
Simplifying SME Lending with AI-Powered Credit Assessment
Nayla Finance enables small and medium-sized enterprises (SMEs) to secure loans of up to SAR 100,000 through a fully digital application process. Unlike conventional lending models, Nayla leverages:
🔹 Alternative data sources for credit assessment
🔹 AI-driven risk analysis to evaluate loan eligibility
🔹 A seamless digital platform that simplifies borrowing
This technology-driven approach ensures faster loan approvals while minimizing risks, making it easier for SMEs to access the funding they need to grow their businesses.
Expanding Saudi Arabia’s Digital Lending Landscape
With its latest funding, Nayla Finance is poised to scale operations across Saudi Arabia, reinforcing its commitment to empowering small businesses and contributing to the Kingdom’s economic diversification goals.
As fintech adoption accelerates, Nayla aims to become a leading digital lender by providing affordable, fast, and data-driven financing solutions tailored to the needs of Saudi entrepreneurs.
🚀 Nayla Finance is revolutionizing SME lending—offering easy, quick, and AI-powered financing solutions for business growth.
