Jordan’s liwwa Secures $5 Million Loan from DFC
The latest funding follows liwwa's previous round in 2022, where it raised $18.5 million in a pre-Series B equity and debt round.
By Inc.Arabia Staff
Jordan-based fintech company liwwa has secured a $5 million loan from the United States International Development Finance Corporation (DFC) with the aim of supporting small and medium enterprises (SMEs) in Jordan.[1]
SMEs make up 80% of Jordanian businesses.
Founded in 2013 by Ahmed Moor and Samer Atiani, liwwa operates as a peer-to-peer (P2P) lending network, connecting investors with small businesses through innovative business loans.
liwwa has already facilitated financing for numerous SMEs across various sectors.
The latest funding follows liwwa's previous round in 2022, where it raised $18.5 million in a pre-Series B equity and debt round.
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