Fauree
Curated by SignalLending-as-a-service platform optimizing working capital for SMEs.
Overview
Fauree operates as a lending-as-a-service platform that focuses on providing shariah-compliant financial solutions for small and medium-sized enterprises (SMEs) in the UAE, Pakistan, KSA, and Oman. The platform aims to optimize working capital and improve supply chain operations through various financial products, including payables finance, dynamic discounting, and receivables finance. Fauree addresses cash flow challenges faced by SMEs by facilitating access to financing options while attempting to minimize credit default risk. The company works in collaboration with banks and other organizations to support SME financing and the digitization of supply chain finance, utilizing a technology platform designed for integration with third-party lenders.
Key facts
- Founded
- 2022
- Headquarters
- Dubai, United Arab Emirates
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 6 products and services
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- Commercial model
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Contact
- Primary office
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