Company Overview
Lendo is a Saudi Arabian Sharia compliant debt crowdfunding marketplace founded in December 2019 by Osama AlRaee, who serves as chief executive, and Mohammad Jawabri, who serves as chief operating officer. The company pre finances outstanding invoices for Saudi small and medium sized enterprises and offers short term return products to investors. It is privately held and has stated ambitions to pursue an initial public offering.
At the time of its Series B round in December 2023 the company reported more than 2,500 financing transactions, over 1 billion Saudi riyals of financing provided to small and medium sized enterprises, and 140 million riyals of returns generated for investors. The 105 million riyal Series B was led by Sanabil Investments, which is owned by the Public Investment Fund, with Shorooq Partners and AB Ventures participating.
In January 2025 Lendo secured a 690 million dollar facility from J.P. Morgan.
Recent Leadership News
Executive Moves has not yet published a leadership appointment at Lendo. This section updates as coverage is added.
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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