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Saudi Arabia based BNPL for materials in the construction industry raised $6.5m in Seed funding led by Raed Ventures and Khwarizmi Ventures.
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“Annually, $42 billion worth of goods are traded within the construction supply chain in Saudi Arabia alone. Suppliers of goods can only offer limited credit, both in amount and duration, to buyers.”
https://www.wamda.com/2024/03/buildnow-secures-9-4-million-seed-funding
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