Beehive - About the company
Beehive is an acquired company based in Dubai (United Arab Emirates), founded in 2014 by Craig Moore. It operates as a Sharia-compliant P2P lending platform for business loans. Beehive has raised $15.5M in funding from Riyad TAQNIA Fund and VentureSouq. The company has 5 active competitors, including 1 that has exited. Its top competitors include companies like Quick Loans, Creditum and Emirates Loan.
Company Details
Beehive offers a sharia-compliant online marketplace for business loans. Investors can invest in loans starting from AED 100. Businesses can borrow up to AED 500,000. The loan term is up to 36 months. Investors receive monthly repayments and profits.
- Website
- www.beehive.ae/
- Email ID
- *****@beehive.ae
- Phone Number
- +971 **********
Key Metrics
Founded Year
2014
Location
Dubai, United Arab Emirates
Stage
Acquired
Total Funding
$15.5M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 5 active competitors
Employee Count
61 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by e& enterprise (May 04, 2023)
Beehive's acquisition details
Beehive got acquired by e& enterprise on May 04, 2023 at an acquisition amount of $23.6M. It was facilitated by Allen & Overy.
Click here to take a look at Beehive's acquisition in detail
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Beehive's funding and investors
Beehive has raised a total funding of $15.5M over 4 rounds. Its first funding round was on Mar 07, 2015. Its latest funding round was a Grant (prize money) round on Jun 20, 2021 for $*****. 1 investor participated in its latest round. Beehive has 6 institutional investors.
Here is the list of recent funding rounds of Beehive:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 20, 2021 | 4535443 | Grant (prize money) | 4092036 | 5383066 | 2423862 | 7625731 |
Mar 03, 2019 | 3484001 | Series B | 3292331 | 1116147 | 7412283 | 4520296 |
Oct 01, 2017 | 6317709 | Series A | 7656056 | 5781423 |
View details of Beehive's funding rounds and investors
Beehive's founders and board of directors
Founder? Claim ProfileThe founders of Beehive is Craig Moore. Craig Moore is the CEO of Beehive.
Here are the details of Beehive's key team members:
- Craig Moore: Founder & CEO of Beehive. Contact Info: 1 email address
View details of Beehive's Founder profiles and Board Members
Beehive's employee count trend
Beehive has 61 employees as of Jul 24. Here is Beehive's employee count trend over the years:
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Beehive's Competitors and alternates
Top competitors of Beehive include Quick Loans, Creditum and Emirates Loan. Here is the list of Top 10 competitors of Beehive, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Beehive 2014, Dubai (United Arab Emirates), Acquired | Sharia-compliant P2P lending platform for business loans | $15.5M | 58/100 | |
2nd | Quick Loans 1986, Dubai (United Arab Emirates), Unfunded | UAE loan and credit card aggregator facilitating comparisons. This platform allows users to compare loan and credit card offers from multiple lenders, focusing on interest rates, fees, and other key features. The service aims to help individuals find the most suitable financial product based on their needs. It provides access to various loan types, including personal, business, auto, and mortgage loans, as well as credit cards and insurance services. The platform's goal is to streamline the process of finding and securing financial products. | - | - | 16/100 |
3rd | Creditum Dubai (United Arab Emirates), Unfunded | SME financing platform offering streamlined applications and competitive rates to connect businesses with institutional lenders | - | - | 16/100 |
4th | Emirates Loan 2012, Dubai (United Arab Emirates), Unfunded | Provider of loan and credit card application services to banks | - | - | 16/100 |
5th | Qiam 2021, Dubai (United Arab Emirates), Unfunded | Provider of financing instruments for investors and borrowers guided by shariah and built on blockchain | - | - | 15/100 |
Looking for more details on Beehive's competitors? Click here to see the top ones
Beehive's Investments and acquisitions
Beehive has made no investments or acquisitions yet.
Reports related to Beehive
Here is the latest report on Beehive's sector:
News related to Beehive
Media has covered Beehive for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Beehive Fintech Partners with Perfios to Enhance Underwriting ProcessPR Newswire•Nov 13, 2025•Perfios, Beehive
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Beehive and Direct Debit System Partnership Fuels $1 Billion in Digital SME FundingBiz Preneur Me•Jul 21, 2025•Direct Debit, Beehive
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Beehive hits USD 1 Billion in SME funding, accelerating growth across the GCC Middle EastPR Newswire•May 29, 2025•Beehive
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Abu Dhabi’s e& enterprise concludes majority stake acquisition in BeehiveGulf Business•Aug 02, 2023•e& enterprise, Beehive
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