The Work Index by Flexa

Manafa Technologies

Manafa Technologies is a Saudi Arabian financial technology company that connects borrowers with investors through debt and equity crowdfunding.

https://manafa.co/
4.6

/10

Transparency ranking

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Description

Manafa Technologies is a Saudi Arabian fintech company that provides crowdfunding solutions for both debt and equity financing. Established in 2018, Manafa aims to bridge the funding gap for small and medium-sized enterprises (SMEs) and contribute to the government’s vision of increasing their share of the Saudi banking market to 20%. The company operates two main platforms: a debt financing platform, offering short-term investment opportunities with returns ranging from 3 to 12 months, and an equity financing platform, facilitating investments in promising startups across various sectors.

Manafa prides itself on its commitment to Islamic principles, with a dedicated Shariah board overseeing all its products and operations. The company also highlights its transparent approach, sharing information openly with clients, and its commitment to quality, rigorously assessing investment opportunities before they are made available on its platforms.

Mission

Manafa Technologies is a Saudi-based fintech company focused on providing innovative, Sharia-compliant financial solutions for entrepreneurs and investors. They aim to bridge the funding gap for small and medium enterprises by offering both debt and equity crowdfunding platforms. Their mission is to empower entrepreneurs and investors by simplifying access to financial opportunities and fostering economic growth in the Kingdom.

Data-driven
Disruptor
Tech for good

Culture

Manafa Technologies promotes a culture that values innovation, transparency, and ethical practices. They emphasize their commitment to Islamic finance principles and strive to foster a collaborative environment where knowledge sharing is encouraged. The company's focus on developing innovative technological solutions for financial needs is reflected in their dedication to quality, and their commitment to transparency ensures trust and accountability among employees, customers, and investors.

Entrepreneurial

DE&I

Manafa Technologies actively promotes diversity, equity, and inclusion within its workforce. The company's website highlights its commitment to a diverse and inclusive environment, emphasizing its belief in building a team that reflects the diversity of the community it serves. This commitment is demonstrated through its inclusive language and messaging, its dedication to creating equitable opportunities for all, and its efforts to build a culture of respect and belonging for employees of all backgrounds.

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