Lendo helps pre-finance outstanding invoices for SMEs in Saudi Arabia. It processed $375 million in Shariah-compliant financing in 2024, bringing its total financing since inception to $667 million. As of December 2024, the company’s app had been downloaded 133,000 times with 84,000 active investors. Lendo’s investors generated over $52 million in returns through the platform in 2024. In January 2025, Lendo secured a $690 million facility led by JP Morgan to boost SME financing.