Lendo, Quantic launch $200 million SME financing programme in Saudi Arabia

T2Covered by 1 source · first reported by MENA/Israel: Wamda / Times of Israel at 24 Sept, 12:08 UTC

Saudi fintech Lendo has partnered with Austria-based Quantic Financial Solutions on an institutional capital programme of up to SAR750 million ($200 million) to finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Under the agreement, Quantic will invest up to SAR750 million through…