erad logo

erad

Emerging

Secured $125M credit facility led by Jefferies (2025). 6x YoY growth. $700M+ in SME financing requests processed. Revenue-based, Shariah-compliant. YC-backed.

Best for: SME Finance (MENA / Shariah-Compliant)Emerging, rapid growth
34
AI Score
Grade D↑ Trending
AI Visibility Score (Beta)
Financial ServicesSME Finance (MENA / Shariah-Compliant)WebsiteUpdated April 2026

Brand Intelligence Graph

Capabilities
SME Finance (MENA / Shariah-Compliant)

Company Overview

About erad

erad is a YC-backed fintech company providing Shariah-compliant, revenue-based financing to SMEs in Saudi Arabia and the UAE — a market where conventional revenue-based financing products are unavailable due to Islamic finance requirements. The company secured a $125 million credit facility led by Jefferies in 2025, reported 6x year-over-year growth, and has processed $700 million+ in financing requests from SMEs across the MENA region.

Business Model & Competitive Advantage

Revenue-based financing — where businesses repay loans as a percentage of monthly revenue rather than fixed installments — is well-established in Western fintech (Clearco, Capchase) but barely present in Gulf markets due to the Islamic finance constraint. erad's structure uses Shariah-compliant murabaha and ijara contracts that achieve the same economic outcome as revenue-based financing without interest charges.

Competitive Landscape 2025–2026

Saudi Arabia's Vision 2030 is actively developing the SME sector as a driver of economic diversification, with government programs targeting SME contributions to GDP from 20% to 35% by 2030. erad is positioned as critical infrastructure for this SME expansion: providing growth capital to businesses that lack the collateral for traditional bank loans but have demonstrated revenue track records. The Jefferies facility provides institutional-grade capital to fund the lending book at scale.

Curated content • Fact-checked and verified

Key Differentiators

Emerging Innovator

erad is an emerging player bringing innovative solutions to the Fintech market.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

34
↑ Trending

Based on estimated brand signals. Historical tracking coming soon.

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