Amman-based Liwwa raises $6 million to grow its SME lending marketplace

Amman-based fintech Liwwa has raised $6 million in equity investment led by Dutch Entrepreneurial Development Bank FMO. The round was also joined by 500 Startups Chris Larsen, Edgo VC, EFG-EV, Wamda Capital. The investment was made in December 2019 but has been announced today. Existing investors including Bank al Etihad, DASH Ventures and Silicon Badia also participated in the round. FMO (through MASSIF) had also previously invested in the startup in early 2018. This latest investment by FMO came from its newly created FMO Ventures, which is a $217 million (€200 million) program…

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