MUSCAT, Oman — Big news is buzzing across the Sultanate. Beehive, the region's first digital peer-to-peer SME financing platform, has teamed up with Taageer Finance Co. SAOG.
Together, they're opening fresh doors for small and medium-sized enterprises. So far, Beehive Oman has already backed over 270 SMEs, while Taageer has financed more than 22,000 customers across 15 sectors.
This partnership blends Beehive's digital-first approach with Taageer's deep market experience. Consequently, SMEs gain faster, smarter access to funding.
Moreover, at least OMR 36 million will be unlocked for eligible businesses with two-plus years of trading history. That's real capital reaching real entrepreneurs.
SMEs drive diversification and private-sector growth. Therefore, this collaboration supports more than balance sheets—it fuels Oman Vision 2040.
Sheikh Khalil Al Harthy, CEO of Taageer Finance, called SME access to finance "an important priority," noting the partnership helps reach more deserving businesses.
Meanwhile, Peter Tavener, Co-Founder and Group CEO of Beehive, said combining Taageer's strength with Beehive's streamlined processes means faster funding.
Ultimately, this alliance signals confidence in Oman's entrepreneurial future—one SME at a time.
No comments:
Post a Comment