Some casual critics, the idea of investment returns seems somehow unfair: investors, they take it, are being paid for already having money. More sophisticated observers realize that, in fact, what investors are compensated for is taking risk — that is,…
Jordan is intensifying efforts to provide support for startups and SMEs by easing access to financing. Despite some continued obstacles to obtaining conventional bank finance, rising public and private investment in tech companies is contributing to a growing optimistic outlook…
Fast growing fintech firms are forcing traditional brick-and-mortar lenders to adapt to new realities in the banking sector. By Zeid Nasser The term Fintech, which is short for financial technology, has emerged over the past few years to describe Internet-driven…
At Endeavor Jordan‘s annual DealMakers event in Amman last month, entrepreneurs and potential investors were brought together for one-on-one speed networking sessions that aimed to give promising young companies a chance to pitch their ideas in a less formal setting…
After securing a crucial round of funding from investors, CEO of peer-to-peer lender liwwa says he’s ready to further expand the platform’s reach across the region. By Jane Hosking The region’s SMEs have long had a hard time securing finance,…
In a sign that crowdsourcing is set to become an important fundraising option for the region’s cash-starved SMEs, Amman-based peer-to-peer lender Liwwa recently closed a successful financing round involving three major investors. The round was led by DASH Ventures, with…