Tag "Beehive"
e& Enterprise to Acquire Majority Stake in UAE Lending Startup Beehive
e& enterprise, part of e&, has signed a binding agreement to acquire a majority stake in Beehive, a peer-to-peer digital platform to tap into opportunities in the Small and Medium Enterprise (SME) lending market. Beehive, founded in 2014, leads the
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Emirates Development Bank Now Offers up to AED 5 Million in Loans on Its App
Emirates Development Bank (EDB) announced a new lending feature offered in partnership with peer-to-peer (P2P) lending platform Beehive that allows SMEs to apply for loans of up to AED5 million (US$1.36 million) directly through its digital banking app and receive approval
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Only 14 Fintechs Made the Cut to World Economic Forum’s Top 100 Arab Startups List
Entrepreneurship is booming across the Middle East and North Africa (MENA) with startups in the region raising an astonishing US$900 million through 386 deals in 2018, an increase of 31% compared to the previous year. This is according to the
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5 of The Best Funded Startups in The UAE Right Now
The pinpricks of a vibrant startup scene in the middle east have begun to emerge. Despite known problems on the SME loan front in UAE, the MENA region still managed to cultivate 366 deals amounting to US$893 million of total
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10 Fintech Startups in Dubai and Abu Dhabi You Have to Know
The fintech market in the Middle East and North Africa (MENA) region is predicted to enter a new era of growth. By 2022, startups in the region are set to attract US$2.5 billion in deals, according to a new study
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