Aajil Secures $10M to Launch MENA’s First “Build Now Pay Later” Platform Transforming SME Financing

Aajil is excited to announce a major funding milestone as the company successfully raised 10,000,000, marking a pivotal moment in its journey to revolutionize the financing options available to SMEs throughout the MENA region. Recognized as MENA’s first "Build Now Pay Later" solution, Aajil has been at the forefront of empowering small and medium-sized enterprises by simplifying the procurement of essential materials. This innovative approach allows businesses to secure the supplies they need without facing the heavy burden of upfront costs. With the infusion of new capital, Aajil is poised to enhance its fast, ethical, and entirely digital financing process, which operates at 10 times the speed of traditional methods. The company’s solution is meticulously designed to adhere to Shariah-compliant principles, ensuring that all transactions maintain high ethical standards while also offering flexibility—enabling SMEs to source any material from any supplier. The funding will not only accelerate Aajil’s market expansion across the region but also further develop its digital infrastructure to make the procurement process even more efficient and user-friendly. This capital boost underscores investor confidence in Aajil’s vision and strategic roadmap, which focuses on delivering value-added benefits such as paying suppliers cash upfront and offering up to a 10% discount on materials. Ultimately, this funding round will help transform the way businesses manage their material procurement and drive sustainable growth across the industry. Aajil remains committed to supporting SME success, ensuring that every business has the opportunity to thrive in today’s competitive landscape.