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Buildnow logo — Build now. Pay later.

Buildnow

Build now. Pay later.

Founded 2022 Saudi Arabia Saudi Arabia 42 employees Seed Total: $10.40M Finance, Lending and Investments

General Information

Company Name Buildnow
Founded Year 2022
Location Saudi Arabia Saudi Arabia +2
Employees 42
Industries Finance, Lending and Investments
Funding Stage Seed
Social

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About Buildnow

BuildNow is a pioneering "Build Now Pay Later" solution in the MENAP region, founded in 2022. The company’s slogan, "Build now. Pay later.", succinctly captures its value proposition. BuildNow provides funding for raw materials required by construction and manufacturing SMEs, offering credit terms tailored to optimize their cash flow and drive their growth. The company prides itself on being Fast - 10X faster than traditional methods, Ethical - 100% shariah compliant, Easy - 100% digital process, Flexible - working with any supplier and any material, and Value Added - enabling upfront cash payments to suppliers and garnering up to 10% cheaper materials. BuildNow recently secured a noteworthy $2.90M Debt Financing investment on 01 March 2024, with participation from prominent investors including Khawarizmi Ventures, Raed Ventures, and Abdulla Elyas. This innovative startup, headquartered in Saudi Arabia, has captured the attention of industry experts and investors through its impactful business model and potential to revolutionize financial processes for SMEs in the construction and manufacturing sectors. With its strong value proposition and the backing of notable investors, BuildNow is well-positioned for significant growth and influence in the industry.

Taxonomy: Build Now Pay Later, SMEs, Raw Materials, Credit Terms, Cash Flow Optimization, Shariah Compliant, Digital Process, Supplier Financing, Material Funding, Financial Inclusion, Growth Financing, Ethical Finance

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 3
Investor Investor
•••• •••• 		01 Mar 2024
Debt Financing •••••• 3
Investor Investor
•••• •••• 		01 Mar 2024
Pre Seed Round •••••• - 01 Mar 2022

Buildnow Alternatives & Competitors

Buildnow vs
ChipiWorks
ChipiWorks United States

Construction finance for builders and suppliers

1 employees
Financial Services, Construction
Compare Buildnow vs ChipiWorks
Buildnow vs
Playter
Playter United Kingdom

Transforming Credit within Embedded B2B Finance

Debt Financing
27 employees
Fintech, Lending and Investments
Compare Buildnow vs Playter
Buildnow vs
Lucky Hand Capital
Lucky Hand Capital United States

Lucky Hand Capital provides financial solutions to content creators and influencers.

Pre Seed
4 employees
Content Creators, Financial Services
Compare Buildnow vs Lucky Hand Capital

FAQ About Buildnow

Build now. Pay later.
Buildnow was founded in 2022.
Buildnow is headquartered in Saudi Arabia.
Buildnow operates in the following industries: Finance, Lending and Investments.
Buildnow has approximately 42 employees.
Buildnow has completed 3 funding rounds, raising a total of $10.40M. The latest funding stage is Seed.
Top alternatives and competitors to Buildnow include ChipiWorks, Playter, Lucky Hand Capital, WALBING, PAIZATTO INDIA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Buildnow and ChipiWorks are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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