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SILQ raises $20 million to scale embedded finance for Saudi SMEs

By CityCalc Newsroom · Tue Jul 21 2026 · Source: Wamda

Saudi B2B e-commerce and fintech platform SILQ has secured a $20 million Shariah-compliant structured financing facility from Gemcorp Capital to expand embedded financial services for SMEs in Saudi Arabia. Formed following the merger of Sary and ShopUp , SILQ operates a B2B comm…

Saudi B2B e-commerce and fintech platform SILQ has secured a $20 million Shariah-compliant structured financing facility from Gemcorp Capital to expand embedded financial services for SMEs in Saudi Arabia. Formed following the merger of Sary and ShopUp , SILQ operates a B2B comm…

Curated by CityCalc from Wamda. Read the full article at the source.

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