Saudi’s Orbii raises $3.6 million in Prosus-led seed to assist banks and fintechs launch SME lending
Riyadh-based credit score infrastructure platform Orbii has raised $3.6 million in a seed funding spherical led by Prosus Ventures, with participation from VentureSouq, DASH Ventures, Taz Investments and Sanabil 500, it introduced at present.
Based in 2024 by Nauman Ali, Guillaume Kieffer and Nasara Mughal, Orbii supplies AI-powered credit score infrastructure that allows monetary establishments and B2B platforms to launch SME lending merchandise. The platform integrates immediately into present enterprise techniques together with banks, fintechs, POS, and ERP techniques to automate underwriting, disbursement, and mortgage monitoring in actual time.
The startup that processes uncooked monetary knowledge to make lending choices in seconds, now works with digital lenders, fintechs, fee firms, and B2B ecosystems. It plans to make use of the newest funds to scale its engineering and knowledge science groups, deepen integrations with monetary techniques throughout the area, and increase its footprint in Saudi Arabia and the UAE.
Orbii’s platform affords modular infrastructure that permits companies to launch, take a look at, and handle lending merchandise with out constructing credit score capabilities from scratch. Its AI system covers automated credit score decisioning, knowledge ingestion, parsing, enrichment, and scoring, enabling shoppers to course of mortgage functions quicker with lowered handbook overhead.
The corporate supplies options throughout numerous lending merchandise together with wage advance, service provider financing, working capital loans,
embedded lending, and buy-now-pay-later companies. Its borrower intelligence system creates dynamic profiles of every applicant analyzing money runway, behavioral danger, credit score indicators, and reimbursement capability utilizing over 1,000 derived monetary metrics.
Nauman Ali, Co-founder and CEO of Orbii, stated, “We envision a MENA the place each enterprise can entry credit score immediately, embedded throughout the techniques and workflows they already use. Credit score decisioning gained’t be a course of, it’ll be a reflex.”
Robin Voogd, Head of Center East Investments at Prosus Ventures, stated, “From day one, Orbii impressed us with how shortly their answer could be applied, the depth of experience throughout the workforce, and the tangible outcomes they ship for shoppers.”
The platform is already working with a rising variety of lenders and digital channels, having processed 1000’s of functions and powering tens of millions of USD in authorized loans. With the brand new funding, Orbii goals to energy $1 billion in SME loans by 2026.
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