What is liwwa?
liwwa operates as a specialized financial technology platform dedicated to empowering small and medium-sized enterprises (SMEs) through accessible, smart business loans. By integrating Sharia-compliant financial products—including Murabaha, working capital solutions, and check discounting—the company addresses the unique liquidity challenges faced by regional businesses. Distinguishing itself through a rapid two-day decision-making process and flexible terms that waive collateral requirements, liwwa has positioned itself as a vital catalyst for economic sustainability. The firm's commitment to digital-first financial services allows it to maintain a competitive edge in a market traditionally underserved by conventional banking institutions, effectively democratizing access to essential growth capital.
How much funding has liwwa raised?
liwwa has raised a total of $27.3M across 3 funding rounds:
Angel/Seed
$2.8M
Other Financing Round
$6M
Other Financing Round
$18.5M
Angel/Seed (2016): $2.8M with participation from Bank Al Etihad, DASH Ventures, and MENA Venture Investments
Other Financing Round (2020): $6M led by Bank Al Etihad, Chris Larse, Wamda, Dutch Entrepreneurial Development Bank FMO, Silicon Badia, Edgo VC, DASH Ventures, and EFG-EV
Other Financing Round (2022): $18.5M supported by DASH Ventures, Bank Al Etihad, FMO - Dutch Entrepreneurial Development Bank, and Edgo
Key Investors in liwwa
DASH Ventures
A multi-sector investment vehicle focused on partnering with visionary founders to build companies that redefine industries through scalable technology.
Bank Al Etihad
A leading Jordanian financial institution providing diverse banking services and innovative credit solutions to support sustainable economic development.
FMO - Dutch Entrepreneurial Development Bank
A Dutch public-private institution providing long-term loans and equity investments to stimulate private-sector development in emerging markets.
What's next for liwwa?
With the infusion of $18.5M, liwwa is well-positioned to transition from its current scaling phase into a period of sustained market dominance. The strategic focus will likely center on enhancing its algorithmic credit assessment capabilities to further reduce risk while accelerating loan disbursement times. By leveraging its established partnerships with institutional investors and development banks, the company is poised to broaden its product suite and potentially enter new geographic territories within the MENA region. As the firm continues to refine its operational efficiency, it remains a key indicator of the broader digital transformation occurring within the regional financial services sector, signaling a shift toward more inclusive and agile lending models.
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