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  2. CEO: THEMAR offers crowdfunding services in support of SMEs

CEO: THEMAR offers crowdfunding services in support of SMEs

GHADA.ISMAIL
Nov 7, 2024
THEMAR is a Sharia-compliant peer-to-peer purchase financing network

Riyadh – Exclusive Sharikat Mubaser: On the sidelines of the Biban 24 Conference, Amer Siddiki, Co-Founder, and CEO at THEMAR told Sharikat Mubasher that THEMAR is a Sharia-compliant peer-to-peer purchase financing network. Its simple platform connects small & micro business purchasers to investors through its online funding platform.

Siddiki added that the company aims, by participating in this event, to attract the biggest number of SMEs and investors alike.

Siddiki also revealed that the THEMAR platform managed to attract over 200 institutions and 5700 investors this November.

THEMAR started operating in 2023 with a mission to create a huge impact on the lives of small & micro-entrepreneurs as it will relieve the stress on their cash flow and enable them to support and promote their enterprises. On the other hand, investors will have the opportunity to invest small capital and achieve high returns. THEMAR is licensed by SAMA and is based in Jeddah, Saudi Arabia.

Expected to welcome over 160,000 visitors, Biban 2024, which runs in Riyadh from 5 to 9 November, will provide 10,000 investment and entrepreneurial opportunities, 420 workshops for over 19,000 beneficiaries, and consultation and guidance sessions for more than 5,000 beneficiaries.

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crowdfunding
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