Saudi Aramco Invests in US$5m Pre-Series A by SME Financier Lamaa

Saudi-based SME-focused fintech startup Lamaa has raised SAR19 million (about US$5 million) in a pre-Series A round. The round was co-led by Saudi Aramco through its venture capital arm Wa’ed, and early-stage venture capital investor Raed Ventures, according to a