{"id":567578,"date":"2025-04-01T11:12:39","date_gmt":"2025-04-01T10:12:39","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=567578"},"modified":"2025-04-01T11:12:39","modified_gmt":"2025-04-01T10:12:39","slug":"nayla-finance-raises-4m-to-expand-micro-business-lending","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/nayla-finance-raises-4m-to-expand-micro-business-lending\/","title":{"rendered":"Nayla Finance raises $4m to expand micro-business lending"},"content":{"rendered":"

Nayla Finance<\/a>\"Nayla<\/a>, a FinTech transforming access to funding for micro-businesses, has raised $4 million in seed funding, led by Sanabil Venture Studio by Stryber. The investment will drive product and business expansion, strengthen Nayla\u2019s loan book, and provide essential capital to micro-businesses across Saudi Arabia. With a focus on fast, data-driven lending, Nayla aims to scale operations and deepen its presence in key sectors like F&B, eCommerce, and retail, accelerating financial inclusion and growth for small enterprises.<\/p>\n

\u201cOur ambition is bold, and our team is relentless,\u201d said Shaqran Alyahya, Co-founder & CEO of Nayla Finance<\/strong>. \u201cWe are building what others hesitate to\u2014empowering important drivers of the Saudi economy with financial solutions designed for their reality.\u201d<\/p>\n

Khalid Naili, Co-founder & Chief Risk Officer<\/strong>, added, \u201cTraditional lenders hesitate to finance micro[1]businesses due to limited financial history and perceived risk, but at Nayla, we see opportunity where others see uncertainty. By leveraging technology, alternative data, and advanced risk models, we are redefining creditworthiness and unlocking financing for businesses that drive the economy.\u201d<\/p>\n

Rayan Aebi, CEO of Sanabil Venture Studio and General Partner of the Fund<\/strong>, said, \u201cNayla Finance is tackling a critical funding gap for micro-businesses, a segment forming the backbone of the Kingdom\u2019s SME sector. At Sanabil Venture Studio by Stryber, we believe that fintech innovation is key to unlocking new economic potential. We are excited to support Nayla\u2019s journey in creating a more inclusive and dynamic financial ecosystem.\u201d<\/p>\n

By simplifying the lending process through data-driven credit assessments and seamless digital journeys, Nayla Finance ensures that small business owners can access financing without the friction of traditional banking requirements.<\/p>\n

With the newly secured funding, Nayla Finance plans to:<\/p>\n