LNDDO, a听UAE-based Small Medium Enterprise finance provider听has successfully raised $3 million in its seed round, Wamda reported.
The funding will be used for the startup鈥檚 expansion plans into Egypt and 海角直播 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 quick听turnaround for approved funds.听
The round was backed by a network of key investors led by Sheikh Tahnoon bin Shakhboot Al-Nahyan.
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