https://arab.news/mkun6
RIYADH: Osama Al-Raee has been the co-founder and CEO of Riyadh-based fintech firm Lendo since July 2019. Lendo offers instant invoice financing to small and medium enterprises (SMEs) through its Shariah-compliant lending platform. The offering helps SMEs manage their immediate cash flow. Lendo offers loans by connecting SMEs with investors in its marketplace.
He is also the co-founder and adviser at Salasa since May 2016. Furthermore, Al-Raee was the executive manager of Misk Innovation from February 2017 till June 2020. He was also an associate at McKinsey & Company from 2016 till 2017. In addition, he was a senior product manager at Amazon in 2015 in Greater Seattle Area.
BIO
• Osama Al-Raee studied at Stanford University in Venture Capital Unlocked Program and Duke University where he earned an MBA.
• He has been the co-founder and CEO of Riyadh-based fintech firm Lendo since July 2019.
• He is also the co-founder and adviser at Salasa since May 2016.
• Al-Raee was the executive manager of Misk Innovation from February 2017 till June 2020.
• He was also an associate at McKinsey & Company from 2016 till 2017.
• He was a senior product manager at Amazon in 2015 in the Greater Seattle area.
Among the positions that he held were data strategist at National Net Ventures, N2V, in Riyadh, consultant at Booz & Company in Dubai and IT consultant at Ernst & Young.
Osama studied at Stanford University in Venture Capital Unlocked Program and Duke University where he earned an MBA.
Invoice financing is a popular short-term borrowing tool for businesses in different markets around the world.