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FINANCIAL SERVICES · RIYADH

Aajil

A Sharia-compliant B2B Buy Now, Pay Later platform financing raw-material purchases for Saudi contractors and manufacturers.

ABOUT

Aajil is a Sharia-compliant B2B "Buy Now, Pay Later" platform for Saudi contractors, traders, and manufacturers. It purchases raw materials on a business's behalf and pays suppliers directly, extending purchasing credit of up to SAR 4Mn with repayment terms of two to twelve months. Formerly operating as BuildNo and manufacturing supply chain. ‍

FUNDING HISTORY

Aajil has disclosed US$9.4Mn across 1 of its 2 recorded rounds. The other 1 has no public amount.

DATEROUNDAMOUNTLEADOTHER INVESTORS
Nov 2025Strategic InvestmentSIDF Investment Company—

Amounts appear only where a public source exists. The total is calculated from the rounds above. An exit price is not part of the total.

Round missing or wrong? Suggest a correction →

PEOPLE

Founder

Rahat DewanFounder, Aajil

BACKERS

Arbah CapitalCorporate Investor · 1 round
Khwarizmi VenturesVenture Capital · 1 round
RAED VenturesVenture Capital · 1 round
SIDF Investment CompanyDevelopment Financial Institution · 1 round

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