Beehive, the Middle East’s pioneering digital SME lending platform, has signed a non-binding offer letter with Themar, a licensed crowdfunding platform in the Kingdom of Saudi Arabia. This strategic move looks to officially establish Beehive as a regulated fintech lender in the Kingdom, significantly strengthening its presence in one of the region’s most dynamic SME markets. The proposed partial M&A, subject to regulatory approval, represents a transformative step for private credit in Saudi Arabia. By combining Beehive’s proven digital...