SIDB eyes partnering with all Saudi financing entities to support SMEs

NOHA.GAD
Nov 5, 2024

Riyadh - Exclusive Sharikat Mubasher:  Saudi Arabia’s Smart Interaction for Digital Brokerage (SIDB) plans to partner with almost all financing entities in Saudi Arabia to provide all financing products to foster small and medium-sized enterprises (SMEs) in the Kingdom, Product and Marketing Manager Yousef Faden told Sharikat Mubasher.

On the sidelines of Biban 2024, Faden clarified that SIDB targets linking finance seekers, notably SMEs, with financiers to help them get the best financing offers.

SIDB offers a full suite of financial solutions to help customers manage their cashflows and maximize their profits by assisting them in getting the funds they need to grow and thrive.

It launched the Qardi Platform for Digital Brokerage to support bridging the SME finance gap in the marketplace as part of its mission to provide business owners with an innovative, fully automated, and simplified fintech solution to sustain and grow their businesses.

Biban 2024, the flagship event for startups and entrepreneurs in Saudi Arabia, takes place in Riyadh from 5 to 9 November with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.

It focuses on empowering the entrepreneurial ecosystem in Saudi Arabia for local and international entrepreneurs through nine doors: Enablement Door, Fast-growing Enterprises Door, Funding and Investment Door, Startup Door, Innovation Door, E-commerce Door, Franchise Door, Market Door, and Start Door.


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