Search Results for "Meed"
2 results for "Meed"
Deals 2
Saudi Arabia's Tameed Raises $15M for Shariah-Compliant SME Financing
Tameed raised $15M (SAR 56.75M) in a Series A round in January 2024 for its Shariah-compliant SME financing platform in Saudi Arabia. The company provides embedded lending solutions tailored to the MENA market's regulatory and cultural requirements. The round reflects growing demand for embedded Islamic finance infrastructure.
Meed Banking Club Launches in US with Vast Bank Partnership
Meed Banking Club launched in the US on April 26, 2019, partnering with Oklahoma-based Vast Bank to deliver embedded mobile banking features. The fintech-bank collaboration offers savings tools, travel rewards, and member-exclusive benefits through a consumer app. This represents an early example of embedding financial services into a club-like digital experience powered by a chartered bank.