The facility will help finance the growing demand for bringing the buy now, pay later products in the GCC while continuing its growth across new verticals
In 2021, the Fund supported SMEs with Dhs65.29m worth of financing, of which Dhs47.67m was disbursed through Beehive to 374 projects
Fourth cohort attracts 620 fintech startups from all over the world
The investment, part of its $100m FinTech Fund to help establish and upscale fintech companies, reinforces DIFC’s commitment to drive advancements in the financial services sector