TractionSILQ Group has served over 600,000 retailers and facilitated over $5 billion in transactions, with $750 million in embedded financing disbursements and 100 million shipments.FoundersMohammed Aldossary, Khaled Alsiari, Afeef ZamanMarketSmall and Medium Enterprises (SMEs)LocationSaudi ArabiaCoinvestorsSanabil Investments, Valar Ventures, Flourish Ventures, VSQ, MSA Capital, Rocketship VC, STV, Wafra Investment, Peak XV, Prosus, Tiger Global, Endeavor Catalyst, Raed Ventures, Qatar Development Bank Company Description
SILQ Group is formed by the merger of Sary, a Saudi Arabia-based B2B marketplace, and ShopUp, a Bangladesh-based B2B commerce company, creating a platform that connects small businesses with manufacturers and lenders, while also providing financial services.