Saudi Nayla lands $18 million to expand micro-business financing

Saudi Arabia-based fintech Nayla has secured approximately $18 million in a pre-Series A round, comprising a mix of equity and debt financing. The equity portion was led by Idrisi Ventures, with participation from Suhail Ventures and other strategic investors, while BLOMINVEST led the debt facility. Nayla was built through Sanabil Studio and says it is the first venture launched by the studio to close an institutional funding round. Founded in 2024 by Shaqran Alyahya and Khalid Naili, Nayla prov