BuildNow Secures $9.4M Seed Funding to Transform MENAP’s Construction Financing with Build Now, Pay Later Innovation

BuildNow is excited to announce a major milestone in our journey to revolutionize the financing landscape for construction and manufacturing SMEs across MENAP. We have successfully raised 9.4 million in funding, a testament to the strong market confidence in our innovative "Build Now Pay Later" solution. As MENAP’s first initiative of its kind, BuildNow redefines financial support by funding the raw materials construction and manufacturing businesses need, while simultaneously offering tailored credit terms that optimize cash flow and supercharge growth. This fresh capital injection will fuel our continued mission to streamline access to high-quality materials and efficient financing for SMEs, further solidifying our leadership in the market. Our solution is built on four fundamental pillars that ensure our customers receive unparalleled service. BuildNow is Fast, operating up to 10 times faster than traditional financing methods, ensuring swift access to funds when it matters most. We pride ourselves on being Ethical, with our operations being 100% shariah compliant. This commitment not only reinforces our integrity but also builds trust within our community. Our process is Easy, leveraging a 100% digital platform that eliminates cumbersome paperwork and delivers a hassle-free customer experience. Furthermore, our approach is Flexible, accommodating any supplier and any material, thus providing valuable options for businesses facing diverse challenges. Lastly, our Value Added benefit of paying suppliers cash upfront means our clients can secure materials at up to 10% cheaper rates. With this new funding, BuildNow is more equipped than ever to drive forward the growth of construction and manufacturing SMEs, embodying a bold step towards a robust and sustainable future.