Lnddo
Curated by SignalFintech platform offering merchant cash advances for small businesses.
Overview
Lnddo operates in the fintech sector, focusing on providing merchant cash advances and working capital finance to small businesses in the UAE and MENA region. The platform offers a lump sum of capital in exchange for a percentage of future sales, primarily derived from credit card transactions. This financing model enables quick evaluations of sales history and cash flow, which can lead to expedited funding decisions. Lnddo targets small businesses that require immediate working capital to address operational needs, such as inventory management and growth opportunities. The company has an online application process, with funds typically disbursed within a week. Additionally, Lnddo is noted as the first ADGM-licensed digital lender for SMEs in the region, which may contribute to its credibility and operational capabilities.
Key facts
- Founded
- 2019
- Headquarters
- Abu Dhabi, United Arab Emirates
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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