Peer to peer lender Beehive announced on Tuesday it has facilitated funding for its first SME in Bahrain. According to the online lending platform, the SME, Bahrain-based Mira Packaging Factory, manufactures disposable paper cups and other food packaging solutions to the GCC and African F&B industry. “Since… Read More
Beehive, a peer to peer lending platform servicing SMEs in the MENA region, has closed on $4 million Series B funding round, according to a release from the platform. This most recent funding brings the Fintech’s total raised to $15.5 million since platform launch. The… Read More
Peer to peer lender Beehive announced on Saturday it has formed a partnership with Thanachart Bank to launch a new SME value chain financing program in Asia. Beehive reported this was its first bank collaboration in Asia and the digitalized supply chain will provide improved liquidity… Read More
Beehive, based in Dubai and MENA’s leading peer to peer lending platform, has raised $5 million in funding as part of a Series A round led by Riyad TAQNIA Fund along with participation by the Mohammed Bin Rashid Fund (MBRF), the financial arm of… Read More
Dubai based peer to peer lender Beehive has signed a memorandum of understanding (MOU) with the Mohammad Bin Rashid Fund (MBRF), part of the Dubai Ministry of Finance. The collaboration will see MBRF act as the guarantor for credit of up to Dh500,000 for SME loans… Read More
Dubai-based Beehive has become the first peer to peer lending platform to be authorised and regulated by the Dubai Financial Services Authority (DFSA) Beehive reports that the new regulation is a first for the region and may catalyze sector growth of the Fintech industry. Beehive said… Read More
Just a few months after receiving the coveted Good Design Award, Flow Hive, the most successful campaign ever on Indiegogo, announced a flash sale of its Flow Hive Classic Model at the original initiative’s price of $599. Flow Hive closed on Indiegogo after securing $12,489,141 on April 20, 2015…. Read More
Beehive, a young peer to peer lending platform, and Thomson Reuters, have partnered on an innovation white paper regarding the United Arab Emirates (UAE). The document, embedded below, is designed to learn how small business approach innovation. Beehive hosted a roundtable earlier this year that… Read More
Dubai-based Beehive, a marketplace/P2P lending platform has celebrated it’s one year anniversary this week. In September 2015, Beehive pioneered a global first by becoming the first independently certified Sharia compliant P2P platform. With its Sharia-compliant offering, Beehive supports Dubai’s strategy to become the capital of the… Read More
Clyde & Co, an international law firm operating mainly in the MENA region, states it has advised Beehive on its Sharia certification. Beehive announced the receipt of its certification earlier this week. The peer to peer lending platform received approval by the Shariyah Review Bureau (SRB). The certification… Read More
Beehive, the UAE’s leading online marketplace for peer-to-peer (P2P) finance, has been certified as a Sharia-compliant P2P finance platform by the Shariyah Review Bureau (SRB). The certification makes Beehive the first P2P platform in the world to have a third party independently confirm its processes… Read More
On Friday, beehive management company, Plan Bee, announced that it has appointed consumer goods veteran Mark McDavid as chairman. It also revealed that it is planning to return to equity crowdfunding platform Crowdcube to raise £200,000 for expansion. According to Herald Scotland, a Wishaw-based company that focuses… Read More
Dubai based Beehive, the first peer to peer lender to set up shop in the UAE, has announced surpassing AED 12 million in loans ($3 Million USD) to 25 SMEs. Beehive has been in business less than one year. According to the company borrowing businesses… Read More
Beehive, the UAE’s leading online marketplace for peer-to-peer finance announced it has reached a critical milestone where over 1,000 people have registered to become investors since its official launch in November 2014. This represents an average month-on-month growth of 20% in registration numbers since the company’s inception… Read More
Continuing to be a huge success on crowdfunding giant, Indiegogo, unique beehive invention, Flow, has successfully raised $3,548,885 thanks to over 6,000 backers. As previously reported, Flow was created by father-son duo Cedar and Stuart Anderson and is considered a “revolutionary” beehive invention that allows its users to… Read More
On Sunday (February 22nd) Australian father-son duo Cedar and Stuart Anderson debuted their new project on global crowdfunding platform Indiegogo to raise $70,000 for their unique beehive invention, Flow. Within the first day, the campaign raised well over $1.9 million thanks to 5,000 backers. Flow is… Read More
The UAE’s leading peer to peer lending platform, Beehive, has launched a new funding service to assist SME’s in the region. Invoice Financing is now available to ease cashflow issues for small companies. Beehive was launched in November 2014 by partners Craig Moore and Rick Pudner. Beehive facilitates… Read More
Dubai-based Beehive officially launched the region’s first peer-to-peer (P2P) online lending platform today, offering a new funding alternative for small to medium sized enterprises (SMEs). Beehive’s online platform is easy to use and offers a marketplace that directly connects established businesses with smart investors so… Read More
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