Liwwa Lending
An intermediary that connects investors and small businesses
Based in Amman, Jordan, Liwwa connects small businesses in need of capital with people who want to invest in them. The company’s peer-to-peer lease-to-own model addresses the capital access and interest-free investor return opportunities. Liwwa conducts in-house reviews of a small business's creditability and enables them to pay a monthly fee to investors. Founded in 2013, Liwwa raised seed funding with DASH Ventures, al Etihad, and MENA Venture Investments, which it plans to use to hire several
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Discussion
Fintastico Team
1 year, 6 months
https://www.microcapital.org/microcapital-brief...
MICROCAPITAL BRIEF: Fintech Liwwa Raises $21m in Debt, Equity for SME Lending Platform in Egypt, Jordan from Investors Including FMO, 500 Startups, Edgo, EFG-EV, Chris Larsen, Wamda - MicroCapital
Jordan-based financial technology (fintech) firm Liwwa recently borrowed USD 15 million to expand its facilitation of loans to small or medium-sized enterprises (SMEs) in Egypt and Jordan. Liwwa also raised equity totalling USD 6 million from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Netherlands Development Finance Company; 500 Startups; Edgo VC, the venture capital (VC) armContinue reading →
Fintastico Team
1 year, 8 months
https://www.wamda.com/2020/02/wamda-invests-fin...
Wamda invests in fintech startup Liwwa - Wamda
Wamda has participated in Amman-based Liwwa's $6 million investment round. The investment was led by FMO, the Dutch Entrepreneurial...