Lendo Partners With Quantic on $200M Saudi SME Financing Programme

Saudi Shariah-compliant debt crowdfunding platform Lendo has partnered with Vienna-based Quantic Financial Solutions to structure an institutional capital facility of up to $200 million (SAR 750 million).

Announced in September 2026 at Money20/20 Middle East, the agreement pairs Lendo’s local origination infrastructure with Quantic’s institutional asset management.

Quantic intends to pool Lendo’s underlying Saudi SME working capital loans into Shariah-compliant investment vehicles for international distribution.

What did Lendo and Quantic announce?

Lendo has announced a strategic partnership with Quantic Financial Solutions GmbH for an institutional capital programme of up to $200 million (SAR 750 million) to finance working capital for small and medium-sized enterprises (SMEs) in Saudi Arabia.

The partnership was announced at Money20/20 Middle East in Riyadh on September 16, 2026, creating a new channel for institutional capital to reach Saudi businesses through Lendo’s Shariah-compliant debt crowdfunding platform.

Lendo operates under the supervision and oversight of the Saudi Central Bank (SAMA), while Quantic is an asset management firm headquartered in Vienna, Austria, and a member of the C-Quadrat Investment Group. Quantic works with institutional investors and distribution partners across Europe, Asia and the Middle East, including on Shariah-compliant investment solutions.

How will the $200 million programme support Saudi SMEs?

The programme is designed specifically around working capital financing, giving Lendo additional institutional capital to expand its SME financing activity and introduce new financing solutions.

Under the agreement:

Partner	Role in the programme
Lendo	Originates and facilitates Shariah-compliant SME financing through its SAMA-supervised platform
Quantic Financial Solutions	Provides institutional capital of up to SAR 750 million ($200 million) and oversees its deployment
Saudi SMEs	Receive access to additional working capital financing through Lendo

Quantic will apply its institutional fund-management expertise to the deployment of capital, aligning the programme with Lendo's financing strategy and growth plans. It also plans to structure Shariah-compliant investment products backed by the financed assets for international investors.

The structure therefore connects three parts of the financing ecosystem: international institutional capital, a locally regulated fintech platform, and Saudi SMEs seeking working capital.

Why is the partnership significant for Saudi SME financing?

The announcement comes as Saudi Arabia continues to expand the role of alternative and digital financing in supporting SMEs.

By the end of 2025, cumulative credit facilities extended to micro, small and medium-sized enterprises in Saudi Arabia had reached approximately SAR 467 billion, representing a 33% year-on-year increase, according to Saudi government data.

At the same time, SME lending represented around 11% of total bank lending, while the Vision 2030 target is to raise the share to 20% by 2030.

This creates room for non-bank financing channels such as debt crowdfunding to complement traditional lending.

For Lendo, the new programme follows a significant expansion in financing activity. In June 2026, the company announced that it had surpassed SAR 5 billion in cumulative financing. It also previously secured a SAR 2.6 billion ($690 million) warehouse facility led by J.P. Morgan in January 2025.

The Quantic programme could therefore add another institutional funding channel as Lendo scales its existing SME financing platform.

How does the programme align with Vision 2030?

The partnership aligns with the objectives of Saudi Arabia's Financial Sector Development Program (FSDP) and the broader Vision 2030 agenda, particularly around expanding SME access to finance and developing the Kingdom's fintech ecosystem.

Saudi Arabia's published Vision 2030 indicators show SME loans rising from a 2% baseline to 9.4% in Q3 2024, against a 20% target for 2030.

The financing ecosystem has also expanded beyond traditional bank lending. The Saudi government reported in 2026 that the Kingdom had achieved its 2025 SME financing and lending targets, while cumulative MSME credit facilities reached approximately SAR 467 billion at the end of 2025.

Against this backdrop, Lendo's model provides another route for capital to reach businesses, particularly where working capital requirements may not fit conventional bank-financing structures.

What does the partnership mean for international investors?

The agreement also creates a potential bridge between Saudi SME financing and international institutional investment.

Quantic plans to use the underlying financed assets to create Shariah-compliant investment products for international investors. This gives the programme a structure that extends beyond the initial deployment of capital, linking Saudi SME financing with institutional investors in international markets.

The partnership's international-capital component is particularly relevant as Saudi Arabia continues to develop its financial sector and attract foreign investment under Vision 2030.

Rather than simply providing a financing facility, the programme combines local origination and regulatory infrastructure through Lendo with institutional capital management through Quantic.

What did Lendo and Quantic executives say?

Osama AlRaee, CEO and Co-Founder of Lendo, described the partnership as a significant milestone for the company, saying the programme would give Lendo the scale and structuring discipline to serve more SMEs as demand grows across Saudi Arabia.

Dr. Dietrich Matthes, Founding Partner of Quantic Financial Solutions, said Lendo's track record, origination capabilities and regulatory standing made it a suitable partner for a programme of this scale. He also highlighted the international appeal of the Shariah-compliant investment products Quantic plans to create from the underlying assets.

What comes next for Lendo's SME financing strategy?

Lendo says it intends to use the programme to:

• Expand access to working capital financing for Saudi SMEs.
• Increase the scale of financing available through its platform.
• Launch new financing solutions for businesses.
• Strengthen the connection between Saudi SME financing and international institutional capital.
• Continue addressing the financing-access objectives associated with Vision 2030 and the Financial Sector Development Program.

The announcement also follows several recent institutional financing developments for Lendo. In September 2026, the company announced a SAR 100 million funding partnership with BSF Capital and a SAR 40 million co-financing agreement with the Social Development Bank, highlighting the broader expansion of its institutional financing network.

With the Quantic programme potentially reaching SAR 750 million, Lendo is adding another significant source of capital to a financing platform that had already surpassed SAR 5 billion in cumulative financing by June 2026.