Funding Souq Partners with Kafalah Program to Strengthen SME Investment in Saudi Arabia

Funding Souq is thrilled to announce a significant partnership with the Kafalah Program.

This strategic agreement aims to drive investment in Saudi Arabia's small and medium enterprises (SMEs) by leveraging the Kafala Program's financial guarantee.

Under this arrangement, the Kafala Program will guarantee up to 50% of the capital invested by Funding Souq's investors in a curated selection of investment opportunities.

This innovative approach allows investors to target the same attractive returns while halving their risk exposure.

"We are deeply grateful to the Kafala team for their visionary leadership and commitment to supporting SME growth," said the Funding Souq team.

"This collaboration will unlock new possibilities for investors and entrepreneurs alike."

The key objectives of this partnership include:

1- Developing solutions that enable SMEs to access Kafala's financing guarantee and leverage crowdfunding platforms like Funding Souq.

2- Exploring avenues for deeper integration between the Kafala Program and Funding Souq to streamline the credit decision process and facilitate seamless access to capital.

3-Leveraging the latest technologies and electronic linkages to accelerate credit decisions and unlock faster funding for enterprises.

This strategic alliance underscores Funding Souq's dedication to fostering a thriving SME ecosystem in Saudi Arabia, empowering both investors and businesses to achieve their growth aspirations.