Forbes Middle East

7. LIWWA

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Peer-to-peer lending platform Founders: Ahmed Moor and Samer Atiani Funding: $8.5 million

Investors: MENA Venture Investment­s, BaE DASH, Silicon Badia, SAT, FMO

Country: Jordan Date of establishm­ent: 2015

With offices in Jordan and Egypt, Liwwa provides SMEs with loans between $5,000 and $100,000, with an average loan size of $40,000. In 2018, the company introduced mCAE—a credit analytics engine that uses machine learning to predict the credit risk of loan applicatio­ns. It recorded an 80% increase in lending, from $5 million lent across 122 loans in 2017, to $9.3 million lent across 229 loans in 2018.

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