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Saudi’s Nayla Finance Secures $4m Seed Funding for Micro-Business Lending Expansion

Mar 23, 2025•about 1 year ago

Contract Type

partnership

RiyadhFinancial ServicesFinanceFintech

Description

Nayla Finance, a Saudi Arabia-based Fintech company, has raised $4 million in seed funding led by Sanabil Venture Studio by Stryber. The funding will be used to scale operations, enhance credit assessment technology, and build partnerships in sectors like food and beverage, e-commerce, and retail.

Company Information

Company

Nayla Finance

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Nayla Finance is a technology-driven microfinance company dedicated to empowering microbusinesses in Saudi Arabia. Through its cloud-based lending platform, Nayla provides fast and accessible financing solutions tailored to the needs of small entrepreneurs. Nayla Finance is also in the final stage of obtaining its license from the Saudi Central Bank (SAMA) and expects to officially launch operations in Q2 2025.

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