Abwab.ai Raises $4M Seed Round
The Saudi fintech builds AI tools for SME credit decisions and lending growth.
TLDR
The SaaS News reported that Abwab.ai closed a $4 million seed round co-led by Speedinvest and MEVP. The capital will scale an AI-powered credit infrastructure platform for SME lending in Saudi Arabia. Abwab.ai states on its site that the tools cover the full lending lifecycle to originate, decide, and grow MSME books while managing risk. The platform was built in Saudi Arabia for the MENA region.
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