FinTech companies in Saudi Arabia are continuously boosting their funding capabilities, especially with the growing demand for digital financing solutions that help small and medium-sized enterprises (SMEs) get quick and efficient access to liquidity. Fina, the financial arm of Saudi platform SILQ, just announced that it has secured Sharia-compliant financing facilities worth 282 million Saudi Riyals (about $75 million) from Fasanara Capital, a global investment firm based in London.
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