Fina Secures $75M Shariah-Compliant Facility from Fasanara Capital to Scale Saudi SME Financing

Quick Summary

Fina has secured a $75 million facility from Fasanara Capital to expand embedded working capital for Saudi Arabian SMEs. This Shariah-compliant funding helps Saudi fintech Fina bridge a SAR 300 billion financing gap by integrating liquidity directly into the digital workflows of over 2,000 local businesses.

How Does Fina Solve the SME Financing Gap in Saudi Arabia?

Embedded working capital is the cornerstone of Fina's strategy to address the SAR 300 billion liquidity shortfall facing Saudi merchants. By integrating Shariah-compliant financing directly into daily digital workflows—where businesses buy, sell, and collect—Fina removes the friction of traditional lending. This approach ensures that capital moves faster, matching the operational speed of modern B2B commerce.

• SAR 300 billion estimated financing gap for Saudi SMEs.

• 50,000 businesses already supported by the SILQ ecosystem.

• SAR 20 billion in total transaction volume enabled to date.

What Results Has Fina's Technology Delivered for Merchants?

Scalable technology-enabled models have allowed Fina to deploy SAR 1.5 billion over the last 12 months alone. The platform is now targeting the unlocking of SAR 3 billion in liquidity this year, specifically focusing on supporting more than 2,000 high-growth businesses. By leveraging data from the SILQ ecosystem, Fina provides flexible working capital that is built around real commercial activity rather than static credit scores.

"For years, we've worked alongside merchants as they built and grew their businesses, and one lesson became impossible to ignore: the challenge isn't simply access to capital, but access to capital that's designed around the realities of how merchants operate. Fina was built to deliver financing that understands their business, moves at their speed, and is embedded within the digital workflows they already use." said Mohammed Aldossary, Co-founder, SILQ and CEO of SILQ Financial.

Why is Fasanara Capital Investing in Saudi Fintech?

Global investment managers like Fasanara Capital, which manages $6 billion in assets, are increasingly drawn to the Saudi Vision 2030 agenda. This partnership highlights a continued focus on originators who provide financing to real-economy businesses through digital-first platforms. Fasanara’s proprietary technology platform, which integrates 141 fintech lenders globally, will now bolster embedded working capital availability across the Kingdom.

"We are pleased to partner with Fina and support the continued development of embedded SME financing in Saudi Arabia. Access to working capital remains a critical priority for SMEs globally, and we believe technology-enabled platforms such as Fina can play an important role in helping merchants access financing in a more efficient and flexible way." said Matt Kus, Partner and Head of Origination at Fasanara Capital.

FF NEWS TAKE:

This $75 million facility for Saudi fintech Fina definitely moves the needle for the Middle Eastern ecosystem. By combining embedded working capital with Shariah compliance, Fina and Fasanara are tackling a massive SAR 300 billion credit gap that traditional banks have struggled to fill. As Saudi Arabia pushes its Vision 2030 goals, this deal proves that sophisticated global capital is ready to back localized, tech-driven B2B solutions.