Incomlend opens new office in Dubai

Incomlend opens new office in Dubai

Loic Hennocq. — Supplied photo

One of the company’s key customers includes a metal trading firm which gets turnaround working capital solution to finance invoices for a total facility of $4 million.

Published: Thu 14 Apr 2022, 2:57 PM Last updated: Thu 14 Apr 2022, 3:00 PM

Global invoice financing marketplace, Incomlend, has set up a new office in Dubai marking the next step in the company’s global expansion plan to scale its reach and deliver invoice financing solutions to small and medium enterprises (SMEs) worldwide.

Morgan Terigi, co-founder and chief executive officer, Incomlend , said: “As a regional financial hub and a leader in the fintech space, we see the immense opportunity for Incomlend to grow the business in the UAE and the Middle East region. We will be closer to markets like India, Bangladesh, and Turkey, where trade activities abound. With our office opening in Dubai, we now have our ears on the ground to better support more SMEs in the region. We continue the mission to deliver competitive and alternative working capital solutions to more quality SMEs and support their growth.”

One of the company’s key customers in the area includes a metal trading firm that processes metals purchased across the globe,