# liwwa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/liwwa

- Industry: Financial Services
- Headquarters: Amman, Jordan
- Website: https://liwwa.com/
- Total disclosed funding: $11M
- Latest round: Series A (Dec 17, 2019)
- Investors on record: 9

## About

Founded in 2013 and based in Amman, Jordan, Liwwa, Inc. operates an online lending platform that connects small businesses with investors to fund their finances. Ahmed Moor and Samer Atiani are the co-founders of the company. In May 2024, liwwa, Inc. raised USD 5 million in venture debt funding led by U.S. International Development Finance Corporation.

The company specializes in providing Sharia-compliant business loans. The firm offers flexible financing solutions without requiring collateral, including Murabaha loans for fixed assets and trade finance, point of sale loans, working capital financing, and check discounting. Liwwa's application process is facilitated, with approvals often issued within two days and repayment grace periods of up to three months.

The organization plans to use the May 2024 funding to advance its product development and expansion.

## Funding rounds

- Series A, Dec 17, 2019, $6M — 500 Global, FMO, Silicon Badia, Wamda Capital, DASH Ventures, Bank al Etihad, Edgo VC, EFG EV Fintech
- Seed, Mar 27, 2017, $2M — Silicon Badia, DASH Ventures
- Seed, Apr 6, 2016, $2.3M — Silicon Badia, MENA Venture Investments, DASH Ventures, Bank al Etihad
- Seed, Mar 1, 2015, $0.5M — DASH Ventures, Bank al Etihad

## Investors

- DASH Ventures (https://capitalatlas.ai/funds/dash-ventures) — Seed, Series A
- Bank al Etihad — Seed, Series A
- Silicon Badia (https://capitalatlas.ai/funds/silicon-badia) — Seed, Series A
- MENA Venture Investments (https://capitalatlas.ai/funds/mena-venture-investments) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- FMO — Series A
- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Series A
- Edgo VC (https://capitalatlas.ai/funds/edgo-vc) — Series A
- EFG EV Fintech — Series A