UAE-based Fintech Comfi Secures $5 Million in Debt Facility

UAE-based fintech Comfi has secured a $5 million debt facility from an Abu Dhabi-based private family office.^[1]  

This investment will help Comfi to expand its operations in the UAE and Saudi Arabia.

Comfi's solution enables business owners to offer real-time credit terms of up to 90 days to their customers.

In addition, the $5 million debt facility will allow Comfi to facilitate an estimated $40 million worth of B2B transactions across the UAE and KSA over the next year.

Founded in 2023 by Alisher Akbarov, Amal Abdullaev, and Sanjar Samiev, Comfi helps manufacturers and suppliers with flexible payment solutions for their buyers while ensuring upfront payments.