Comfi Raises $65M Pre-Series A to Scale SME BNPL Across MENA
Comfi, a UAE-based B2B embedded-finance platform, has raised $65 million in a pre-Series A round led by Iliad Partners to expand buy-now-pay-later financing for SMEs across the Middle East and North Africa.
Comfi, a UAE-based B2B embedded-finance platform, has closed a $65 million pre-Series A round to scale its buy-now-pay-later (BNPL) financing for small and medium-sized businesses. The platform lets suppliers offer their buyers up to 90-day payment terms while getting paid within 24 hours, smoothing the cash-flow gaps that strain SME operations.
The equity portion was led by Iliad Partners, with participation from Yango Ventures and Raw Ventures. The round was further backed by a credit facility from Partners for Growth and a mezzanine facility structured by Shorooq, alongside a regional family office — a blend of equity and debt designed to fund both the company and the loan book it underwrites.
Founded by Sanjar Samiev and team, Comfi says it has already processed more than 15,000 invoices for over 1,000 clients, using AI-driven underwriting to manage risk. The fresh capital will support product expansion and a deeper push into MENA markets.
FREQUENTLY ASKED
Who is Comfi?
Comfi is B2B buy now, pay later for SME suppliers in MENA, based in Dubai, founded in 2023, operates in the Fintech sector.
How much has Comfi raised?
Comfi has raised $7.5M in disclosed funding to date according to the DXBStart company directory.
Where can I find more news about Comfi?
The DXBStart company profile at dxbstart.com/company/comfi aggregates every news story DXBStart has indexed about Comfi, along with funding history, stage, status, and company details.