Saudi Arabia-based fintech startup, Nayla, raised $4M in a Seed funding round led by Sanabil Venture Studio by Stryber, backed by Sanabil Investments.

More to Know:

• Nayla was founded by Shaqran AlYahya and Khalid Naili in 2024.
• It provides financing solutions targeting micro-businesses in Saudi Arabia.
• The funds will be used to develop its product, expand operations, and build its loan book, according to its statement.
• The company aims to officially launch in Q2 2025.

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