ADGM-licensed Fintech digital lender offers easy financial support for SMEs across the UAE

ADGM-licensed Fintech digital lender offers easy financial support for SMEs across the UAE

LNDDO Digital Lending Limited, the first licensed digital lender in the UAE and MENA region, has launched a service that offers credit solutions for SMEs. Officially authorised and regulated by the Financial Services Regulatory Authority (FSRA) under Abu Dhabi Global Market (ADGM) jurisdiction, LNDDO is designed to empower SMEs and encourage them to realise their full potential.

According to the UAE’s Ministry of Economy, more than 94 percent of companies in the country are SMEs and this sector employs more than 86 percent of the private sector's workforce. Sadly, the sector was hardest hit by the pandemic. . By providing fast, accurate and reliable credit services, LNDDO will enable entrepreneurs and SMEs to concentrate on nurturing their creativity and achieving their goals.

Introducing a seamless and fully digital lending service, LNNDO uses advanced analytics and various B2B partnerships with leading payment service providers, e-commerce platforms and delivery aggregators to bring an exceptional level of service to its clients. Providing easy repayment options, the loans are suitable for digitally forward SMEs in various sectors, provided they have been operating for a minimum of 12 months.