Forus is a debt crowdfunding (p2p lending) platform licensed by the Saudi Arabia Monetary Agency to enter into Sandbox. Forus connects borrowers and investors, enabling investors to invest in a marketplace of alternative loans targeted towards small and medium enterprises. Our marketplace is providing investors with diversified alternative options to investing, while businesses are empowered with an opportunity to grow and scale!
Strategic investment initiatives to grow around and beyond the payment and ICT ecosystems by leveraging iNet expertise, know-how and history in the market. Our focus is on strategic investments in the forms of equity, convertible debt and technology financing. Main Sectors – Fintech, ICT, EduTech and Consumer Technology
Wamda Capital is a leading regional Venture Capital Firm focused on deploying growth capital in the Middle East and North Africa's leading entrepreneur led technology companies. the Firm currently manages a US$ 75m growth capital fund and is actively looking to invest in high growth technology firms from the MENA region
Kafala Program is a collaboration between the Ministry of Finance, represented by the Saudi Industrial Development Fund (SIDF) and Saudi banks, which aims to promote financing to Small and Medium Enterprises (SMEs) within the Kingdom of Saudi Arabia
Through this program, the bank will offer credit facilities and simultaneously,Kafala Program will issue a guarantee to the bank, covering up to 1.6 million