Lendo Wielkie

Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO

Retrieved on: 
Tuesday, December 12, 2023
Saudi Central Bank, SME, SAMA, Multimedia, Public Investment Fund, IPO, Partnership, Central bank, Growth, MCIT, Misk, Security (finance), Cryptocurrency, Lendo Wielkie, MENA

RIYADH, Saudi Arabia, Dec. 12, 2023 /PRNewswire/ -- Lendo , a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil Investments, a wholly-owned company by the Public Investment Fund ("PIF").

Key Points: 
  • RIYADH, Saudi Arabia, Dec. 12, 2023 /PRNewswire/ -- Lendo , a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil Investments, a wholly-owned company by the Public Investment Fund ("PIF").
  • Lendo is a shariah-compliant, debt crowdfunding marketplace that helps pre-finance outstanding invoices for businesses in Saudi Arabia.
  • At Lendo, we are well-positioned to lead the charge in promoting financial inclusion not only in Saudi Arabia but also beyond.
  • For the full press release, please visit Lendo News page
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New Global Blockchain Network of Networks for Financial Market Participants and Institutional Assets

Retrieved on: 
Tuesday, May 9, 2023
Technology, Payments, Finance, Fintech, Professional Services, Blockchain, Networks, Internet, Data Management, Asset Management, Consultant, S&P Global, DRW, DAML, Freedom, Goldman, Digital asset, Lendo Wielkie, DLT, Risk management, Valid S.A., Business, ASX, Microsoft, Privacy, Emerging technologies, Goldman Sachs, BNP Paribas, Global digital divide, Trust, Traction, GM, Deutsch, Sound, Cboe Global Markets, Azure, Digital, EquiLend, Cryptocurrency

Digital Asset and leading market participants announce their plans to launch the Canton Network , the industry’s first privacy-enabled interoperable blockchain network designed for institutional assets and built to responsibly unlock the potential of synchronized financial markets.

Key Points: 
  • Digital Asset and leading market participants announce their plans to launch the Canton Network , the industry’s first privacy-enabled interoperable blockchain network designed for institutional assets and built to responsibly unlock the potential of synchronized financial markets.
  • The Canton Network enables financial institutions to experience a safer and reconciliation-free environment where assets, data, and cash can synchronize freely across applications.
  • Only the Canton Network enables participants to safeguard permissions, exposure, and interactions across the network, to comply with security, regulatory and legal requirements.
  • "The Canton Network is an important piece of global financial infrastructure that effectively addresses a critical gap in the blockchain market.