Tagged: Sanabil Investments

Digital Platforms Operator iMENA Raises $135m in Pre-IPO Round

April 27, 2025 @ 5:38 pm By Michael Wong |

iMENA Group, a regional operator of digital platforms in the Middle East and North Africa, has raised $135 million in the first tranche of its pre-IPO funding round, backed by Sanabil Investments, FJ Labs, and several Saudi investors, including Saygin Yalcin, founder of SellAnyCar. The… Read More

Saudi Arabia: Debt Crowdfunding Marketplace Lendo Scores $28m in Series B Funding

December 10, 2023 @ 4:55 pm By Michael Wong |

Lendo, a Saudi Arabia-based Shariah-compliant debt crowdfunding marketplace, has announced raising about $28 million in its Series B funding round anchored by Public Investment Fund (PIF)’s Sanabil Investments. The round also saw participation from Shorooq Partners, AB Ventures, and other investors, according to the announcement…. Read More