OCTA secures $20mn from Sukna Fund to support Saudi SMEs

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NOHA.GAD
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Jun 17, 2025
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Riyadh - Sharikat Mubasher: OCTA, a modern platform optimizing the collection process, successfully secured a $20 million credit facility from Sukna Capital to offer embedded working capital to small and medium-sized enterprises (SMEs) in Saudi Arabia.

Expected to be delivered directly through OCTA’s platform, the facility will allow eligible SMEs to access short-term financing as soon as invoices are issued or payables are due, as reported by Waya.

Additionally, repayment will be automated and linked to real collections or scheduled payouts, eliminating the disconnection between funding and workflow execution.

Commenting on this investment, Sukhdev Hansra, Head of Asset Management at Sukna Capital, said: “OCTA gives us an embedded distribution layer where capital can move instantly, transparently, and in sync with the operations of real businesses.”

The new facility will enable businesses to access credit natively within their accounts receivable workflows without the need to apply through banks or navigate separate lending systems.

Unlike traditional lending methods, OCTA embeds financing inside the financial tools businesses already use to run daily operations. It covers invoicing, payments, collections, and now embedded credit access.

Launched in 2024, OCTA was designed to optimize the collection process through automation, enabling businesses to manage contracts, streamline invoice payments, access financing, and simplify debt recovery.


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