FundedIQ
Financial Services

Lendo: Funding, Investors & Team (Sep 2026)

Lendo is a platform for lending that offers an option for financing small and medium-sized businesses in Saudi Arabia through digital means. Lendo holds the first official license for Crowdlending in Saudi Arabia and has been recognized with the Excellence in Finance Leaders Award from FiNext Awards. Lendo's range of products and solutions aim to enhance the ease, security, and efficiency of everyday business activities for both borrowers and investors.

lendo.sa LinkedIn Riyadh, Saudi Arabia 51-100 employees
Total raised
$28.0M
Rounds
1
Latest
Series B
Dec 2023

Lendo has raised $28.0M across 1 funding round on record, the most recent a Series B of $28.0M announced in Dec 2023.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Lendo Company Profile and Key Stats

Total funding raised
$28.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$28.0M in Dec 2023
Employees
51-100
reported band
Headquarters
Riyadh, Saudi Arabia

Latest funding round on record: Dec 2023.

Lendo Funding Rounds

Date
Round
Amount
Series B
$28.0M

Lendo Founders and Leadership Team

Name
Role
Contact
Osama Alraee
CEO

No contact details are on record for this team yet.

Lendo Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
243
$4.8M
4,323
$30M

Lendo's latest round of $28.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Lendo in Financial Services and Riyadh

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Lendo Funding FAQs

What does Lendo do?

Lendo is a platform for lending that offers an option for financing small and medium-sized businesses in Saudi Arabia through digital means. Lendo holds the first official license for Crowdlending in Saudi Arabia and has been recognized with the Excellence in Finance Leaders Award from FiNext Awards. Lendo's range of products and solutions aim to enhance the ease, security, and efficiency of everyday business activities for both borrowers and investors.

How much funding has Lendo raised?

Lendo has raised $28.0M across 1 round on record. The most recent is a Series B of $28.0M announced in Dec 2023.

When did Lendo last raise funding?

Lendo's most recent funding round on record is a Series B of $28.0M, announced in Dec 2023.

Who is the CEO of Lendo?

Osama Alraee is listed as CEO at Lendo.

Where is Lendo headquartered?

Lendo is based in Riyadh, Ar Riyad, Saudi Arabia.

How many employees does Lendo have?

Lendo is in the 51-100 employee band.

How does Lendo's funding compare to other Financial Services startups?

Lendo's latest round of $28.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's Lendo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Lendo is left off this page rather than filled in.

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