Platform feature |
Funding Souq |
Lendo Platform |
As an investor, what will I be investing in? |
- SMEs through working capital or fixed asset finance.
- SMEs apply to Funding Souq to fulfill their growth plans via working capital finance or fixed asset finance. In both cases the availed financing is intended to support the business’s growth.
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- SMEs through Lendo's invoice financing or purchase orders.
- SMEs benfit from invoice financing for liquidity management as well as growth. Payments from their client can take between 3 and 6 months which could put strain on cash flows. |
Who can invest? |
- Funding Souq is the only crowdfunding platform in the Middle East that is regulated in 2 countries – Saudi Arabia & the UAE.
- Funding Souq’s KSA platform can onboard only Saudi nationals and residents as per the Saudi Central Bank regulation.
- Funding Souq’s Global (UAE) platform can onboard nearly all nationalities, allowing almost anyone to invest in UAE-based businesses.
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To invest on the Lendo platform, you must be a Saudi national or a Saudi resident with a valid ID. |
What is the minimum investment? |
The minimum investment is SAR / AED 1,000, which approximates to $270. |
The minimum investment with Lendo platform is SAR 1,000 |
What is the maximum investment? |
- In Saudi Arabia:
retail investors can invest up to 250,000 per year.
- In the UAE:
- retail investors can invest up to AED 365,000 per year and SAR/AED 36,000 per business |
Retail investors at Lendo can invest up to 250,000 per year. |
What returns can investors expect? |
- Investors can expect a net yield of up to 15% and annual percentage yield (APY) of up to 30% as monthly repayments allow for compound return.
-To understand the difference between yield and APY (IRR) read our blog here.
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The average annualized profits (net of Lendo’s fees) was 12.2% in 2023. |
When are investors repaid? |
On a monthly basis, allowing for reinvestment and compounding for maximum return. |
One time, at the end of the financing period. Financing periods do not exceed six months. |
What are the fees for investors? |
The returns displayed on the platform are net of any applicable fees. The presented return is what you should expect to earn. |
Investors pay 20% of the profit made on each investment opportunity |
Does the platform have an Auto-Investment option? |
Yes.
Once enabled, the Auto-Invest system will automatically allocate your deposited funds or repayments into the marketplace based on your selected investment strategy.
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Yes. The Auto-invest feature at Lendo allows you to choose a risk strategy and set limits on how much to invest per opportunity. |