7. LIWWA
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.