erad (www.erad.co), the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (with co-investment from Channel Capital) to secure $125 million in a credit deal, to accelerate embedded finance solutions across the GCC. Once the transaction is finalised, it
erad
erad (www.erad.co), the Riyadh-headquartered alternative financing platform for SMEs, has successfully raised $16 million [SAR 60 million] in a Pre-Series A round to accelerate its growth and expand its operations in Saudi Arabia and beyond. The round was backed by leading global and regional funds including YCombinator, Nuwa Capital, Khwarizmi Ventures,











