Colors: Blue Color

A collective of UAE entrepreneurs has launched StartUpSchool.me, a free incubation initiative that gives back to the community by helping entrepreneurs fast-track new ideas into business success. The platform supports the UAE’s startup ecosystem by making it easier for people to tap into expertise, capital and mentorship to launch their own ventures.

liwwa, an Amman-based fintech startup and a peer-to-peer lending platform, announced the issuance of over USD $11 million in debt to small businesses across more than 300 loans since its inception. liwwa was founded in 2013, but began to operate in 2015 with the aim to offer simple financing to small and medium-sized enterprises (SMEs) through its digital lending marketplace. The marketplace connects businesses in need of capital to individual and institutional lenders looking to generate returns on their investments. Today, liwwa lends approximately $1m a month.

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