Empowering Small Entrepreneurs with Smart Financing
Saudi-based Nayla Finance has raised $4 million in seed funding, marking a major step in its mission to provide accessible financial solutions for micro-businesses. The investment round was led by Sanabil Venture Studio by Stryber, highlighting growing investor confidence in fintech-driven lending solutions for small enterprises.
According to Rayan Aebi, CEO of Sanabil Venture Studio, Nayla Finance is filling a critical funding gap in Saudi Arabia’s SME sector. This makes it a potential backbone of the Kingdom’s economy.
How Will they use the Funding?
With this new funding, Nayla Finance plans to:
- Expand its loan book by deploying an additional $2.7 million in debt financing.
- Enhance its cloud-based lending platform to offer faster and more accessible financial solutions.
- Scale its operations to serve a wider range of micro-businesses.
- Strengthen partnerships with key industries like F&B, e-commerce, and retail.
By leveraging advanced risk models and alternative data, the startup is making it easier for small business owners to access loans without the usual banking hurdles.
What Makes Nayla Finance Different?
Nayla Finance stands out as a tech-driven microfinance company dedicated to simplifying the lending process for small businesses. Instead of relying on traditional credit scoring, the company uses data analytics and AI-powered risk assessments to determine creditworthiness.
- Cloud-Based Lending Platform – Enables quick and seamless loan approvals.
- Data-Driven Credit Assessments – Redefines how businesses qualify for financing.
- Frictionless Digital Experience – Eliminates lengthy paperwork and bureaucratic delays.
Khalid Naili, Co-founder & Chief Risk Officer of Nayla Finance, explains:
“By leveraging technology, alternative data, and advanced risk models, we are redefining creditworthiness and unlocking financing for businesses that drive the economy.”
Why This Matters for Saudi Arabia’s SME Sector
Saudi Arabia’s micro and small businesses play a vital role in the Kingdom’s Vision 2030 initiative. The long-term plan aims to boost the private sector and support entrepreneurial growth. However, many small business owners struggle to secure financing due to strict banking requirements and lengthy approval processes.
Nayla Finance is changing that by offering fast, digital-first financing that empowers small entrepreneurs to grow their businesses with ease. By eliminating traditional barriers to lending, the company is unlocking new opportunities for thousands of micro-businesses across Saudi Arabia.
Looking Ahead
With strong investor backing, a scalable digital lending platform, and a clear focus on empowering micro-businesses, Nayla Finance is set to become a key player in Saudi’s fintech ecosystem. As the demand for alternative financing solutions grows, the company is well-positioned to drive financial inclusion and fuel economic growth in the Kingdom.
