liwwa
Company

Last deal

$5M

Amount

Debt Financing

Stage

15.05.2024

Date

8

all rounds

$36.6M

Total amount

General

About Company
Liwwa is a peer-to-peer lending network that connects small businesses and investors through smart business loans.

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founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company's platform connects borrowers to investors and facilitates capital access for small businesses, enabling business owners to raise money to buy business assets and help investors to lend money for a profit. Liwwa conducts in-house reviews of a small business's creditability and enables them to pay a monthly fee to investors. Founded in 2013, Liwwa raised seed funding with DASH Ventures, al Etihad, and MENA Venture Investments, which it plans to use to hire several new team members, including an underwriting team and to support a new product offering. Liwwa lends to small businesses in Jordan and Egypt and owns and operates liwwa.com - a marketplace for SME loans where investors can purchase loan receivables.
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