| Interest Rate | 5% |
| Duration | From 30 days |
| Access Level | Public |
| Company Name | LNDDO |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Safe Loan |
| Company Email | |
| Views | 2 |
LNDDO
Training Videos
Frequently Asked Questions
About LNDDO
LNDDO – UAE's First Licensed Digital Lender for SMEs
Redefining working capital access for small businesses across the Middle East.
LNDDO (pronounced "Lendo") is an Abu Dhabi-based digital lending platform that holds a Category II Banking License from the ADGM Financial Services Regulatory Authority (FSRA) . Founded in 2019 and launched in 2021, it is officially the first licensed direct digital lender in the UAE and the MENA region .
Unlike traditional banks that require years of audited financials and weeks of processing, LNDDO uses advanced analytics and strategic partnerships to approve loans in minutes and disburse funds within one week .
🏦 Key Facts & Milestones
| Aspect | Detail |
|---|---|
| Founded | 2019 |
| Public Launch | 2021 |
| Headquarters | Abu Dhabi, United Arab Emirates |
| License | Category II Banking License (FSRA – ADGM) |
| Regulatory Status | First licensed digital lender in UAE and MENA |
| Seed Funding | $3 million (led by H.H Sheikh Tahnoon Bin Shakhboot Al Nahayan) |
| Target Sector | Small and Medium Enterprises (SMEs) |
| SMEs in UAE | 94% of all companies; employs 86% of private sector workforce |
💰 Loan Products & Terms
LNDDO currently offers one primary product with plans to expand its portfolio .
Merchant Cash Advance
| Feature | Detail |
|---|---|
| Loan Amount | USD 5,000–5,000–100,000 |
| Loan Tenure | 3 to 12 months |
| Collateral Required | None (unsecured) |
| Repayment Basis | Percentage of daily/weekly card settlements |
| Maximum Loan Relative to Card Sales | Up to 200% of monthly card settlement |
| Disbursal Time | Within 1 week of approval |
| Minimum Business Operating History | 12 months |
Use of Funds
Purchasing inventory
Fulfilling new customer orders
Hiring additional staff
Marketing campaigns
Optimizing cash flow cycles
Upgrading essential equipment
⚙️ How LNDDO Works – The 4-Step Digital Journey
LNDDO's competitive advantage is its fully digital, no-paperwork process enabled by strategic government and private sector integrations .
| Step | Action | Time |
|---|---|---|
| 1 | Complete online application via website or mobile app | ~10 minutes |
| 2 | Credit decisioning engine analyzes application (using POS data, payment gateway receipts, government registration, customer reviews) | Minutes |
| 3 | Receive pre-approval decision | Minutes |
| 4 | Funds disbursed directly to business bank account | Within 1 week |
Key differentiator: LNDDO was the first fintech to integrate with UAE Pass (national digital identity) and other government entities to verify commercial data in real-time, eliminating the need for manual document uploads .
🤝 Strategic Partnerships
LNDDO does not lend in isolation. It has built an ecosystem of partners to access transaction data and distribute credit .
| Partner | Role |
|---|---|
| Mambu | SaaS cloud banking platform; enabled 6-week deployment of first credit product |
| Telr | UAE-based payment gateway; launched "Telr Finance" credit facility program for Telr merchants |
| UAE Pass | National digital identity verification |
| Various E-commerce & Logistics Platforms | Data sharing for credit decisioning |
📈 Expansion Roadmap
Based on the $3 million seed round raised in 2021, LNDDO announced aggressive expansion plans :
| Target Market | Status (as of 2022 plans) |
|---|---|
| Egypt | Planned launch by 2022 |
| Saudi Arabia | Planned launch by 2022 |
*Note: Current operational status in these markets requires verification, as initial announcements were made in 2021-2022.*
🎯 Eligibility Criteria
To qualify for an LNDDO loan, a business must meet these requirements :
✅ Operating for minimum 12 months
✅ Generates revenue through debit or credit card settlements (POS or payment gateway)
✅ Registered business in the UAE
✅ No requirement for audited financial statements (unlike traditional banks)
📊 Industry Context: Why LNDDO Matters
| Statistic | Value |
|---|---|
| SMEs as % of UAE companies | 94% |
| SMEs as % of private sector workforce | 86% |
| Traditional bank loan processing time | 6 – 8 weeks |
| LNDDO credit decisioning time | 10 minutes |
| LNDDO disbursal time | 1 week |
| Businesses in Dubai expected to close due to COVID | 70% (of small businesses, reported April 2020) |
LNDDO was launched specifically to address the SME credit gap exacerbated by the COVID-19 pandemic, providing lifeline working capital to businesses that traditional banks deemed too risky or too small .
🏢 Leadership
| Name | Role | Background |
|---|---|---|
| Ashraf Ghazaly | Founder & CEO | Former leadership at NI Capital, International Finance Corporation (IFC) |
| Adham Azzam | Co-Founder & COO | Oversees B2B partnerships with payment providers, e-commerce platforms, and logistics companies |
The founding team brings over 90 years of combined experience from world-renowned banks and global financial institutions .
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