Founded in 2021 by Feras AlHamdan and Faisal bin Dkhil, LDUN is building a technology-driven platform that digitises and automates trade credit transactions between suppliers and retailers. Its core offering spans Sharia-compliant buy-now-pay-later (BNPL), trade credit, factoring, and reverse factoring products tailored for micro, small, and medium-sized enterprises (MSMEs). By addressing persistent cash-flow constraints, the company seeks to enhance purchasing power for retailers while improving liquidity for suppliers. LDUN positions itself as a one-stop shop for flexible, compliant financing that integrates seamlessly with business workflows. With fresh capital, the team plans to expand its product suite, deepen partnerships with local and regional stakeholders, and scale operations across the Kingdom. The company emphasises a technology-first approach to simplify complex financial processes and create sustainable value for businesses and investors. Its long-term vision aligns with Saudi Arabia’s broader economic development plans, focusing on empowering the MSME segment. The recent seed round marks the primary disclosed funding for the company to date.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2025