About Lendo
Lendo is a company based in Riyadh (Saudi Arabia) founded in 2019 by Mohammed Jawabri and Osama AlRaee. It operates as a FinTech, and Brokerage / Intermediation. Lendo has raised $35.17 million across 3 funding rounds from investors including J P Morgan, Shorooq Partners and Fintech Saudi. Lendo offers products and services including Short-Term Financing and Automated Investment.
- Headquarter Riyadh, Saudi Arabia
- Founders Mohammed Jawabri, Osama AlRaee
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lendo Saudi Arabia
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.17 M (USD)
in 3 rounds
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Latest Funding Round
$690 M (USD), Debt – Conventional
Jan 30, 2025
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Investors
J P Morgan
& 8 more
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Employee Count
Employee Count
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Products & Services of Lendo
Lendo offers a comprehensive portfolio of products and services, including Short-Term Financing and Automated Investment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Short-term financing solutions are provided for business growth.
Automated investment opportunities are offered for portfolio diversification.
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Funding Insights of Lendo
Lendo has successfully raised a total of $35.17M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $690 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $690.0M
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First Round
First Round
(14 Mar 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Debt – Conventional - Lendo | Valuation |
investors |
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| Dec, 2023 | Amount | Series B - Lendo | Valuation | Sanabil | |
| Mar, 2021 | Amount | Series A - Lendo | Valuation | Seedra Ventures , 500 Global |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lendo
Lendo has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include J P Morgan, Shorooq Partners and Fintech Saudi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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Founded Year | Domain | Location | |
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Early-stage investments in tech companies are made by Shorooq Partners.
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Founded Year | Domain | Location | |
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Investments are made in early-stage fintech startups by AB Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lendo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lendo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lendo Comparisons
Competitors of Lendo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lendo
Frequently Asked Questions about Lendo
When was Lendo founded?
Lendo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Lendo located?
Lendo is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of Lendo?
Osama AlRaee is the current CEO of Lendo. They have also founded this company.
Is Lendo a funded company?
Lendo is a funded company, having raised a total of $35.17M across 3 funding rounds to date. The company's 1st funding round was a Series A of $7.2M, raised on Mar 14, 2021.
What does Lendo do?
Lendo is involved in offering short-term financing and investment solutions for small and medium enterprises in Saudi Arabia. The company operates under the supervision of the Saudi Central Bank, ensuring compliance with Sharia principles. Services are designed to connect businesses with investors, facilitating quick access to capital. Risk assessment and credit evaluation are conducted to ensure security and quality for both parties. Sectors served include tourism, film, and general business, with innovative financial tools provided for growth and expansion.
What products or services does Lendo offer?
Lendo offers Short-Term Financing and Automated Investment.
Who are Lendo's investors?
Lendo has 9 investors. Key investors include J P Morgan, Shorooq Partners, Fintech Saudi, Sanabil, and AB Ventures.
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