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Beehive partners with Direct Debit System, achieving $1 billion in SME funding in the MENA region.

Jul 21, 2025•11 months ago

Contract Type

partnership

DubaiFinancial ServicesFinanceFintechLending

Description

Direct Debit System and Beehive celebrate a successful one-year partnership that has facilitated over $1 billion in SME financing. This collaboration replaces traditional cheque processes with a fully digital direct debit solution, enhancing financial operations for Beehive and supporting SME growth in the UAE.

Company Information

Company

Beehive

Location

Dubai, United Arab Emirates

About

Beehive is the region's leading digital SME lending platform, founded in 2014 and regulated by the DFSA. It connects businesses seeking finance with investors willing to support their growth, offering a faster, more affordable funding option for SMEs. The platform has supported over 2,100 SMEs across the UAE, Saudi Arabia, and Oman. Beehive's mission is to bridge the USD 250 billion SME funding gap in the region.

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