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erad

Non-dilutive funding and payments in the Middle East

Y CombinatorSummer 2022ActiveFintechFintechPaymentsB2B

What they do

Problem

Startups in the Middle East lack fast access to non-dilutive growth capital and actionable financial insights.

Solution

A platform that connects sales, marketing, and banking data to underwrite and provide non-dilutive funding offers within 48 hours plus business analytics.

Who it's for

Startups in the Middle East seeking non-dilutive growth financing.

Founders

Salem Abu-Hammour
Founder

Previously worked in M&A and banking, after working on an online coffee store with my current co-founder, Faris. Passionate about building, investing and data.

Youssef Said
Founder

CTO, in charge of tech @ erad Led large scale e-commerce programs in the Middle East from idea to development, after spending 10 years in tech consulting and building products as an engineer in Europe.

Faris Yaghmour
Founder

Accidentally launched my first business, a coffee e-commerce store, with my current co-founder Salem, 6 years ago! Then stumbled into the Financial services world and spent 4 years learning about product and operations in retail & corporate banking. I then joined a BNPL startup before founding erad.

Company timeline

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