When was Lendo founded?

Lendo was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Lendo located?

Lendo is headquartered in Riyadh, Saudi Arabia.

Who is the current CEO of Lendo?

Osama AlRaee of Lendo. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Lendo have?

As of May 31, 2026, the latest employee count at Lendo is 167.

Is Lendo a funded company?

Lendo is a funded company, having raised a total of $35.2M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 14, 2021.

When was the latest funding round of Lendo?

Lendo's latest funding was a $***** Conventional Debt round on Jan 30, 2025, with participation from 1 investor.

Where does Lendo rank among its competitors?

Lendo ranks 1st amongst 8 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Lendo, which secured $690M in Jan, 2025.

Who are the top competitors of Lendo?

Lendo's top competitors include Sukuk, Shengye Capital and Raqamyah. Among them, Lendo secured the most recent funding round in January, 2025.

Lendo - 2026 Company Profile, Team, Funding & Competitors

Lendo is a series B company based in Riyadh (Saudi Arabia), founded in 2019 by Osama AlRaee. It operates as an Online platform for invoice financing. Lendo has raised $35.2M in funding from investors like 500 Global, Shorooq Partners and Sanabil. The company has 8 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Sukuk, Shengye Capital and Raqamyah.

Company Details

Online platform for invoice financing. It offers a P2P marketplace that connects businesses and investors for financing unpaid invoices. Businesses can register and upload the invoices, the request is sent to multiple investors. Once approved, the funds are transferred to the registered bank account. It features real-time alerts on bankable investments to investors.

Website: www.lendo.sa
Social
Email ID: *****@lendo.sa, *****@lendoapp.com
Phone Number: +966 **********

Key Metrics

Founded Year

2019

Location

Riyadh, Saudi Arabia

Stage

Series B

Total Funding

$35.2M in 3 rounds

Latest Funding Round

Conventional Debt, Jan 30, 2025, $*****

Investors

500 Global & 8 more

Ranked

1^st among 8 active competitors

Employee Count

167 as on May 31, 2026

Similar Companies

Validus Group & 43 more

View Lendo's full profile

Lendo has raised a total funding of $35.2M over 3 rounds. Its first funding round was on Mar 14, 2021. Its latest funding round was a Conventional Debt round on Jan 30, 2025 for $*****. 1 investor participated in its latest round. Lendo has 9 institutional investors.

Here is the list of recent funding rounds of Lendo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2025	1449317	Conventional Debt	2358799	2352181	3240539	7091269
Dec 10, 2023	3194224	Series B	8513145	2070525	5789491	Shorooq Partners & 1 more
Mar 14, 2021	3224358	Series A	4138528	7965758	Seedra Ventures & 4 more	6329822

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View details of Lendo's funding rounds and investors

The founders of Lendo is Osama AlRaee. Osama AlRaee is the CEO of Lendo.

Here are the details of Lendo's key team members:

Osama AlRaee: Co-Founder & CEO of Lendo and founder of 2 other companies, Lendo and Salasa. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Lendo's Founder profiles and Board Members

Lendo's employee count trend

Lendo has 167 employees as of May 26. Here is Lendo's employee count trend over the years:

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Top competitors of Lendo include Sukuk, Shengye Capital and Raqamyah. Here is the list of Top 10 competitors of Lendo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lendo 2019, Riyadh (Saudi Arabia), Series B	Online platform for invoice financing	$35.2M	Sanabil, Impact46 & 7 others	58/100
2nd	Sukuk 2020, Riyadh (Saudi Arabia), Unfunded	Platform for debt financing	-	-	48/100
3rd	Shengye Capital 2013, Shenzhen (China), Late Stage	Online marketplace for supply chain financing	-	Pavilion Capital Partners, China Taiping Insurance Group ... & 1 others	44/100
4th	Raqamyah 2018, Riyadh (Saudi Arabia), Seed	Shariah-compliant peer-to-peer financing platform for small and medium-sized businesses	$2.3M	Impact46, Vision Ventures & 3 others	43/100
5th	Themar 2019, Jeddah (Saudi Arabia), Funding Raised	P2P marketplace for point of sale financing	-	100 Ventures	41/100
6th	crossinx 2007, Frankfurt Am Main (Germany), Acquired	E-invoicing & supply chain financing solutions	-	Nova Founders Capital, Komm Investment & 18 others	31/100
7th	Nota Registrada 2016, Sao Paulo (Brazil), Funding Raised	Online lending platform for trade financing	-	BMG UpTech	23/100
8th	Forus 2006, Riyadh (Saudi Arabia), Unfunded	Online lending platform	-	-	16/100