THE DEAL, AT A GLANCE
4/4 reviewedErad
Erad
Erad provides Shariah-compliant working-capital financing for smaller businesses in Saudi Arabia and the UAE.
Erad announced a $22 million Series A funding round dated September 28, 2026.01What it doesErad provides Shariah-compliant working-capital financing for smaller businesses in Saudi Arabia and the UAE.Source-grounded · automated review · Explore ↗
Checked 2026-10-02 · Review due 2026-10-09
Read supporting source ↗erad provides Shariah-compliant working capital…
02Who is involvedMEVP led the Series A; 500 Global, SVC and others also participated.Source-grounded · automated review · Explore ↗
03What happenedErad announced a $22 million Series A funding round dated September 28, 2026.Source-grounded · automated review · Explore ↗
Checked 2026-10-02 · Review due 2026-10-09
Read supporting source ↗Company: erad Raised: $22M Round:…
04Why it mattersThe round backs credit for smaller Gulf businesses that traditional banks may underserve.Interpretation · Explore ↗
Checked 2026-10-02 · Review due 2026-10-09
Read supporting source ↗erad is applying data-driven underwriting…
Click a part to explore its evidence. The image is supplied by the cited source.Original record source ↗
Erad · Financing Record
Explore source-linked visual explanations for Erad. Unsupported claims are withheld while source review continues.
Record 12953 · Recorded date: 2026-09-28
Explore company records →