Forus Digital

2 results about this entity

Period: 21 Nov 2024 - 30 Jan 2025

/wholesale

Saudi fintech lender Forus secures $60 million debt facility from Fasanara

Forus, one of Saudi’s leading debt crowdlending platforms specialising in working capital solutions for SMEs, has secured a $60 million securitization debt facility from Fasanara Capital Ltd (“Fasanara”), a London-based investment manager with over $4.5 billion in assets under management.

/crypto

Universal Digital Payments Network and Forus Digital co-operate on CBDC testing environment

In Sub-Saharan Africa, approximately 105 million adults are unbanked and lack proper identification documents.