UAE B2B Embedded Finance Platform Comfi Raises $65M Pre-Series A
Comfi, a UAE-based B2B embedded finance platform, closed a $65 million pre-Series A funding round on Apr 27, 2026. The round combined equity and debt financing, with Iliad Partners leading the equity component. Yango Ventures and Raw Ventures joined as co-investors, each making their first investment in the MENA region.
A notable family office also participated. Partners for Growth provided a credit facility, and Shorooq contributed a mezzanine facility. Comfi plans to deploy the capital to scale its working capital solutions, including B2B buy-now-pay-later products for SMEs, while enhancing underwriting and risk capabilities.
The company serves roughly 1,000 clients and will use the funding to broaden its product line and expand across key MENA markets.
- Validates investor demand for embedded finance infrastructure targeting the underserved MENA SME segment
- Signals growing competition in B2B BNPL and working capital solutions across emerging markets
- Debut MENA investments by Yango Ventures and Raw Ventures indicate broadening global investor interest in the region's fintech ecosystem