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  2. Themar showcases financing services for MSMEs at 24 Fintech

Themar showcases financing services for MSMEs at 24 Fintech

NOHA.GAD
Sep 9, 2024
Themar provides investors with diverse Shariah-compliant investment opportunities to finance MSMEs' purchases and assets

Riyadh - Exclusive Sharikat Mubasher: Themar, a leading crowdfunding platform based in Saudi Arabia, provides investors with diverse opportunities to participate in financing local companies and gain high return rates, Co-founder and COO Yousef Aldabbagh, told Sharikat Mubasher on the sidelines of 24 Fintech conference.

Aldabbagh stated that Themar offers purchase financing products for micro, small, and medium-sized enterprises (MSMEs) and enables individual investors to invest in various sectors starting with SAR 1,000.

He emphasized the pivotal role of Fintech Saudi in empowering fintech companies to recognize sector-related technologies and understand the regulatory sandbox of the Saudi Central Bank (SAMA).

Founded by a group of seasoned entrepreneurs, Themar helps small and medium-sized businesses (SMEs) in their purchase financing needs in compliance with Shariah. It connects SMEs with investors who can provide digital financing for enterprises' purchases through the Themar platform efficiently and securely.

24 Fintech took place in Riyadh from 3 to 5 September and gathered regulatory bodies, policymakers, investors, technology experts, and industry leaders from around the world to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, and more.

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Saudi Arabia
Crowdfunding
MSMEs
Investments
24 Fintech
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