Dubai - Sharikat Mubasher: Comfi, a Dubai-based B2B embedded finance platform, raised $65 million in a pre-series A funding round, consisting of both equity and debt, led by Iliad Partners, Yango Ventures, and Raw Ventures.

The round includes a credit facility from Partners for Growth and a mezzanine facility structured by Shorooq, with participation from a notable family office, the company announced in a press release today.

The new capital will support Comfi’s next stage of growth, including scaling its underwriting and risk capabilities, expanding its product offering, and accelerating growth across key regional markets.

Comfi provides a unique B2B Buy Now Pay Later (BNPL) product that helps SME suppliers provide up to 90-day payment terms to customers while getting paid within 24 hours, helping SMEs build resilience and sustain growth.

Sanjar Samiev, Co-founder and CEO of Comfi, stated that the round will help the company scale its products, strengthen regional partnerships, and expand access to fast, reliable working capital across MENA.

For his part, Christos Mastoras, Founder and Managing Partner of Iliad Partners, commented: “We invest in technology companies that strengthen and digitize the core infrastructure of the GCC economy. Comfi is doing exactly that, tackling one of the most fundamental pain points in the region: access to working capital for SMEs. By combining AI-driven underwriting with disciplined risk management, the team has built a scalable platform designed for real-economy impact.”

Comfi has processed over 15,000 invoices, works with more than 4,000 finance leaders, and serves over 1,000 clients, reflecting growing demand for fast, flexible SME capital solutions across the region.