The Digital Dividend by Fasanara Capital

#14 – Forus – Bridging the financing gap for MSMEs in the Kingdom of Saudi Arabia

Fasanara Capital Episode 14

In this episode we are joined by Nosaibah Alrajhi, the visionary CEO and Founder of Forus. Through the discussion we learn how Nosaibah was inspired to start Forus to simultaneously bridge the financing gap micro, small, and medium-sized enterprises (MSMEs) in Saudi Arabia are faced with while also supporting the Vision 2030 goal of increasing SME’s contribution to Saudi GDP from 20% to 35% by 2030. Founded in 2019, Forus received one of the first debt crowdfunding licenses issued by the Saudi Arabian Monetary Authority (SAMA) and has provided over $390 million in funding to more than 400 SMEs to date.

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 This episode has been produced and edited by John Jacobs
 
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