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 Salem Abu-Hammour of erad, Mark Collier of Jefferies, and Johan Nisser of Channel Capital announce a $125 million asset-backed financing partnership to scale embedded finance solutions for SMEs across Saudi Arabia and the GCC.

erad Secures $125 Million Facility Led by Jefferies to Power SME Financing in the Middle East

November 27 2025

erad has partnered with Jefferies (with co-investment from Channel Capital) to secure $125 million in a credit deal

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 erad secures $33 million debt financing led by Stride Ventures at Money20/20 Riyadh, with Co-founder Salem Abu-Hammour and Partner Fariha Ansari Javed highlighting expansion of Shariah-compliant SME financing in Saudi Arabia and the GCC.

Saudi Arabia’s erad Secures $33mln Debt Financing Led by Stride Ventures to Unlock Growth Financing for SMEs

September 22 2025

erad, the Riyadh-headquartered alternative financing platform for SMEs, has raised $33 million in debt financing to expand its operations

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Salem Abu-Hammour

Salem Abu-Hammour