Tag: LNDDO

LNDDO is the first licensed direct digital lender in the UAE and MENA region. Launched in 2021, it is officially authorised by the Financial Services Regulatory Authority (FSRA) under Abu Dhabi Global Market (ADGM).

LNDDO intends to build trust in its digital lending solutions by addressing specific pain points that affect many merchants lives. Allowing businesses to grow by accessing finance in minutes, LNDDO’s value proposition is centered around digitizing the merchant’s borrowing journey through a fully online onboarding process. The company uses advanced analytics to analyze its customers’ information to underwrite credit risks.

A digital lending service that focuses on helping small to medium-sized businesses grow, prosper and recover from the difficulties of the COVID-19 pandemic, it aims to encourage creativity and original ideas, and strengthen the UAE’s economy as a whole.

Specializing in flexible, short-term loans that businesses may use for essential equipment, adding fresh inventory, augmenting services or optimizing cash cycles, LNDDO’s unique selling point is its quick and easy application process where a decision is provided within minutes. By visiting the LNDDO app or downloading LNDDO’s iOS or Android mobile application, businesses can get their loan approved online in minutes, and receive their desired funds within one week.