Ayan Capital, a London, UK-based Islamic fintech firm, secured £2.8M in fairness funding.
The spherical was led by Cur8 Capital.
The corporate intends to make use of the funds to develop halal automobile finance and different Islamic finance merchandise within the UK.
Based in 2023, Ayan Capital is a fintech firm offering Islamic finance options empowered by applied sciences and open banking, which at the moment presents halal automobile finance and rent-to-buy merchandise for PCO/PHV drivers. The corporate just lately launched AyanPay – a 0% automobile restore and residential enchancment service. AyanPay permits clients to finance purchases for as much as £20,000 for 12 months.
Utilizing its proprietary know-how and Islamic finance experience, Ayan Capital has already financed over £3.4M.
The corporate’s founding group beforehand constructed Alif, a banking and fintech group in Central Asia, that has over 1,300 workers and serves 3.8 million clients, in addition to Alif Academy, which presents free programming programs and has over 3000 graduates to this point.
FinSMEs
13/12/2024
