{
  "id": 5333784,
  "title": "Saudi Nayla lands $18 million to expand micro-business financing",
  "url": "https://urgent.news/2026/09/03/saudi-nayla-lands-18-million-to-expand-micro-business-financing",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T11:24:29.000Z",
  "source": {
    "name": "Wamda",
    "slug": "wamda",
    "url": "http://wamda.com/2026/09/saudi-nayla-lands-18-million-expand-micro-business-financing"
  },
  "original_language": "en",
  "account": "Fintech startup Nayla, based in Saudi Arabia, has successfully raised approximately $18 million in a pre-Series A funding round. The investment, a blend of equity and debt, was led by Idrisi Ventures with contributions from Suhail Ventures and other strategic investors, while BLOMINVEST spearheaded the debt facility. Nayla's AI-powered lending solutions target micro-businesses in Saudi Arabia, aiming to provide faster, digital financing.\n\nFounded in 2024 by Shaqran Alyahya and Khalid Naili, Nayla is the first venture from Sanabil Studio to secure institutional funding. The company was initially backed by $4 million in seed funding in 2024, also led by Sanabil Venture Studio. At the LEAP 2026 event in Riyadh, Nayla announced the new capital, which will be utilized to enhance its AI-powered lending products and broaden access to financing for micro-businesses across the Kingdom.\n\nThe funding aligns with Saudi Arabia's Vision 2030 goals and the critical role micro-enterprises play in the country's economic development. Nayla expressed gratitude to its investors and partners, promising to continue developing its financing products to support the growth of its customers and their businesses.",
  "summary": "Saudi Arabia-based fintech Nayla has secured approximately $18 million in a pre-Series A round, comprising a mix of equity and debt financing. The equity portion was led by Idrisi Ventures, with participation from Suhail Ventures and other strategic investors, while BLOMINVEST led the debt facility. Nayla was built through Sanabil Studio and says it is the first venture launched by the studio to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}