FinovateMiddleEast 2019 / Forus
Presenter Profile:
How they describe themselves: Forus is a P2P lending platform licensed by Saudi Arabia Monetary Authority (SAMA), that enables investors to invest in a marketplace of alternative loans targeted towards small and medium enterprises.
How they describe their product/innovation: As a P2P Lending Platform, Forus offers a unique customer experience for both SME and investors. With the functionality enabling investors to manage their e-wallet, monitor revenue using a performance indicator in an interactive dashboard.
We achieve this by minimizing friction, streamlining the customer experience and providing a seamless, secure and transparent platform.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), licensed
Contacts
Bus. Dev.: For strategic partnerships please contact Maha Almudaymigh at partnerships@forus.cc
Press: For PR and Media please contact info@forus.cc
Website: forus.cc
LinkedIn: linkedin.com/company/forus-sa
Twitter: @forus_ksa
HQ: Riyadh, Saudi Arabia
Founded: May, 2018
Product Demoed: Forus – A P2P Lending Platform
Metrics: Raised over $650k+ in seed funding.
Presenter: Nosaibah Alrajhi – CEO & Co-Founder
- Key Executives
Nosaibah Alrajhi (CEO), Abdulwahab Majeed (CSIO)
Key Stats
- Key Partnerships
Elm, Thiqah, Dun & Bradstreet, Bayan Credit Bureau, Fintech Saudi
- Key Customers
Everyday Investors, Advised Investors, SME (Small and Medium Enterprise)