{"id":51001,"date":"2025-09-17T13:52:35","date_gmt":"2025-09-17T10:52:35","guid":{"rendered":"https:\/\/entarabi.com\/?p=51001"},"modified":"2025-09-17T14:03:43","modified_gmt":"2025-09-17T11:03:43","slug":"abwab-ai-surpasses-sar-1b-in-sme-loans-processed-in-less-than-a-year","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/09\/abwab-ai-surpasses-sar-1b-in-sme-loans-processed-in-less-than-a-year\/","title":{"rendered":"Abwab.ai Surpasses SAR 1B+ in SME Loans Processed In Less Than a Year"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\">Abwab.ai, one of the region\u2019s most promising fintech startups announced that it has processed more than SAR 1 billion in SME loans.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The milestone unveiled at Money20\/20 Middle East, underscores the growing demand from small and medium-sized businesses for faster, more reliable access to finance.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">This helps them fuel working capital, business expansion, and job creation across Saudi Arabia and the wider MENA region.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Commenting on the achievement, Baraa Koshak, CEO of Abwab.ai, said:<\/p>\n<blockquote>\n<p dir=\"ltr\" style=\"text-align: left;\">\u201cSMEs are the backbone of our region\u2019s economy, and access to finance remains their greatest challenge, Crossing SAR 1 billion in loans processed reflects both the urgency of SME demand and the critical role fintech can play in unlocking opportunities.\u201d<\/p>\n<\/blockquote>\n<p dir=\"ltr\" style=\"text-align: left;\">By surpassing this landmark figure less than a year since launch, Abwab.ai is demonstrating how technology-driven lending solutions can redefine SME growth trajectories and accelerate economic transformation in the Kingdom and beyond.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\">Sustained Growth and Recognition<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\">In addition to this milestone, Abwab.ai has continued to make its mark on the regional and global fintech stage. Over the past year, the company has:<\/p>\n<ul dir=\"ltr\" style=\"text-align: left;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">Onboarded 12+ lenders and expanded operations into Saudi Arabia, Egypt, the UAE, and the UK.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Earned multiple industry awards, including:\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\">Winner \u2013 Innovation to Watch Award at the 24 FinTech by Fintech Saudi, SAMA, and CMA.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\">Top 12 Startups at LEAP 2025 (from over 2,000 entrants).<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\">Best Use of AI in Finance \u2013 Saudi Arabia at the 2025 Global Financial Market Review Awards.<\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Seen its founder and CEO, Baraa Koshak, named among <i>Inc. Arabia\u2019s<\/i> Top 25 Gamechangers in MENA and featured on MSN (Microsoft News).<\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\">These achievements further cement Abwab.ai\u2019s position as a leading enabler of SME growth and financial inclusion in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abwab.ai, one of the region\u2019s most promising fintech startups announced that it has processed more than SAR 1 billion in SME loans.<\/p>\n","protected":false},"author":11,"featured_media":50997,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[9474],"tags":[9617,9616,9469],"class_list":["post-51001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money2020","tag-abwab-ai-en","tag-baraa-koshak","tag-money20-20-middle-east"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/51001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=51001"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/51001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/50997"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=51001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=51001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=51001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}