Comfi Secures $5 Million Debt Facility to Transform B2B Payments in UAE and KSA
Comfi a UAE-based Fintech Raises $5 Million in Debt Facility
Comfi, a leading B2B payment platform headquartered in the UAE, has successfully secured a $5 million debt facility from a prominent Abu Dhabi-based private family office. Founded in 2023 by Alisher Akbarov, Amal Abdullaev, and Sanjar Samiev, Comfi is dedicated to revolutionizing B2B transactions by providing manufacturers and suppliers with flexible payment solutions that ensure upfront payments for their buyers.
Fueling Growth and Innovation in B2B Payments
This substantial $5 million investment will significantly accelerate Comfi’s innovative embedded pay-later and pay-now solutions rollout. Designed specifically for B2B supply-chain businesses, these solutions enable business owners to offer real-time credit terms of up to 90 days to their customers, enhancing financial flexibility and cash flow management.
Expanding Footprint Across UAE and KSA
The secured debt facility will empower Comfi to facilitate an estimated $40 million worth of B2B transactions across the UAE and the Kingdom of Saudi Arabia (KSA) over the next year. This expansion underscores Comfi’s commitment to becoming a leader in the B2B payments industry within the region.
CEO Sanjar Samiev’s Vision for Growth
Sanjar Samiev, CEO of Comfi, shared his excitement about this significant milestone, stating, “This substantial funding, coupled with support from a reputable Emirati family office, will enable Comfi to onboard more B2B companies and bolster their growth and success in their respective industries. We are dedicated to leveraging our cutting-edge technology and strategic partnerships to drive innovation and foster financial inclusion in the UAE and KSA.”
About Comfi
Founded in 2023, Comfi is a trailblazing B2B payments platform that empowers manufacturers and suppliers with flexible and secure payment solutions. By facilitating upfront payments and offering adaptable pay-later options, Comfi is transforming B2B transactions in the UAE and KSA.
