# Lendo: Finance, Riyadh, Saudi Arabia

> Lendo: Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia.

Source: https://millionrounds.com/startup/lendo (Millionrounds; every figure on the page links to its filing or article)

Saudi Arabia · [Finance startup](https://millionrounds.com/companies)

# Lendo

Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia.

Funding reported Last round: Series B

Finance Riyadh, Saudi Arabia

Company summary

- **Founded:** 2019 7 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** 35.2M as listed, currency not stated
- **Last round:** Series B Dec 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Lendo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Lendo raised

Funding, as reported

Reported in all **35.2M** in the source's currency

Rounds **4**

Last round **Series B**

Last round date **Dec 2023**

Investors listed **7**

## On 2 portfolio pages

Investors who name them

- [Shorooq Partners](https://millionrounds.com/fund/shorooq-partners)
- [AB Ventures LP](https://millionrounds.com/fund/ab-ventures-lp)

Each firm lists Lendo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Finance in Saudi Arabia

Startups like it

- [**Saudi Real Estate Refinance Company** Riyadh · founded 2017](https://millionrounds.com/startup/saudi-real-estate-refinance-company)
- [**Bidaya** Riyadh · founded 2015](https://millionrounds.com/startup/bidaya)
- [**Ezdaher** founded 2024](https://millionrounds.com/startup/ezdaher)
- [**Tamasuk** founded 2018](https://millionrounds.com/startup/tamasuk)
- [**Emkan Finance** Riyadh · founded 2019](https://millionrounds.com/startup/emkan-finance)
- [**Alrikaz Training Solutions Center** founded 2020](https://millionrounds.com/startup/alrikaz-training-solutions-center)
- [**NAHL Holding** Riyadh · founded 2014](https://millionrounds.com/startup/nahl-holding)

## Is this your company?

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