Shariah-compliant fintech company LAMAA provides invoice financing solutions such as supply chain finance and business-to-business buy-now-pay-later for SMEs. Since its inception, it has onboarded over 250 enterprises and 2,500 suppliers and facilitated over $2 billion in invoicing. The company, which connects SMEs and enterprises with financial institutions and banks, has collaborated with SME growth programs, including the SME Bank and PIF-backed Tabadul initiative. It also partners with prominent banks such as Banque Saudi Fransi, alrajhi bank, Alinma Bank, Citibank, and Riyad Bank. LAMAA is backed by Saudi Aramco’s entrepreneurship arm Wa’ed Ventures and Raed Ventures.