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News 2026-09-29 04:12 UTC

Saudi SME lender erad secures $22mln from investors

By Staff WriterSaudi Arabia-based erad, an SME lender, has secured $22 million from various investors to scale its financing business.The fintech startup raised the funds from Middle East Venture Partners (MEVP), the lead investor, and from SVC, 500 Global, S60 Ventures, ANB Capital, Conjunction Ca…