aid: erad
name: Erad
description: Erad is a licensed, Sharia-compliant fintech lender providing fast, flexible
  working capital to small and medium-sized businesses across Saudi Arabia and the
  United Arab Emirates. Founded in 2022 (Y Combinator S22) and headquartered in Riyadh,
  Erad offers revenue-based financing, invoice financing (advancing up to 90% of B2B/B2G
  invoices in as little as 48 hours), and supplier financing to revenue-generating
  SMEs. The company embeds working-capital products into supplier networks and business
  platforms, and is backed by investors including Y Combinator, 500 Global, Nuwa Capital,
  Khwarizmi Ventures, Aljazira Capital, VentureSouq, Oraseya Capital and Joa Capital,
  alongside debt facilities from Stride Ventures and a $125M asset-backed facility
  led by Jefferies with Channel Capital.
url: https://raw.githubusercontent.com/api-evangelist/erad/refs/heads/main/apis.yml
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://erad.co/favicon.png
x-type: company
x-source: vc-portfolio
x-backed-by:
- 500-global
x-tier: stub
x-tier-reason: portfolio-lead
specificationVersion: '0.20'
created: '2026-07-17'
modified: '2026-07-19'
tags:
- Company
- Fintech
- Financial Services
- Lending
- SME Financing
- Working Capital
- Invoice Financing
- Embedded Finance
- Revenue Based Financing
- Saudi Arabia
- MENA
- Sharia Compliant
apis: []
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com
- FN: APIs.json
  email: info@apis.io
common:
- type: DomainSecurity
  url: security/erad-domain-security.yml
- type: LLMsTxt
  url: llms/erad-llms.txt
- type: Website
  url: https://erad.co
- type: Blog
  url: https://erad.co/en/blog
- type: TermsOfService
  url: https://erad.co/en/terms
- type: PrivacyPolicy
  url: https://erad.co/en/privacy
x-enrichment:
  date: '2026-07-19'
  status: backfilled
  pass: local-v1
  note: backfilled from .gitignore signal + verified work evidence