LNDDO, aÌýUAE-based Small Medium Enterprise finance providerÌýhas successfully raised $3 million in its seed round, Wamda reported.
The funding will be used for the startup’s expansion plans into Egypt and ºÚÁÏÉçÇø next year.
LNDDO is a credit service for SMEs in the UAE to access short-term financing for immediate business needs. It claims to provide a simple application process with a quickÌýturnaround for approved funds.Ìý
The round was backed by a network of key investors led by Sheikh Tahnoon bin Shakhboot Al-Nahyan.
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