The SIDF Investment Company (SIC), in partnership with Lendo, Saudi Arabia’s leading Shariah-compliant debt crowdfunding platform, announced the launch of a landmark investment program worth up to SAR 200 million.
The initiative is designed to provide fast, governed, and sustainable working capital financing for industrial SMEs across the Kingdom.
This program is part of SIC’s strategic efforts to diversify funding sources in the industrial sector by offering solutions such as purchase order financing, invoice funding, and receivables-based instruments—an innovative approach to addressing industrial financing challenges.
The partnership sets a new standard for public-private collaboration, leveraging Lendo’s advanced platform and deep market experience alongside SIC’s institutional strength and strategic partnerships to boost investor confidence and widen industrial sector participation.
Mr. Fahad bin Jamal Al-Naeem, CEO of SIC, commented:
“This partnership with Lendo reflects our vision to enable Saudi industrial growth through innovative, flexible investment solutions aligned with the National Industrial Strategy and Vision 2030.”
Mr. Osama Alraee, CEO & Co-Founder of Lendo, added:
“This is a major milestone for Lendo, reinforcing our role in industrial financing. The program goes beyond invoice funding to empower Saudi manufacturers to grow with speed and sustainability.”
The program is now live and accepting financing requests via the Lendo platform, offering a powerful example of institutional synergy between industrial robustness and fintech agility, boosting productivity, innovation, and job creation in the Saudi industrial economy.
About SIC
The SIDF Investment Company (SIC) accelerates Saudi Arabia’s industrial growth by enabling private sector participation and delivering innovative investment solutions. SIC focuses on key sectors like industry, mining, energy, and logistics to build a sustainable industrial ecosystem.
About Lendo
Lendo is Saudi Arabia’s first Shariah-compliant debt crowdfunding platform licensed by SAMA. Since 2019, it has facilitated over SAR 3 billion in SME financing across 7,000+ transactions. Backed by Sanabil Investments (PIF), Lendo supports Saudi SMEs’ growth aligned with Vision 2030
