OCTA Secures $20M to Revolutionise SME Financing with Integrated Solutions

Malaz Madani

Last updated 17-06-2025

2 min

Emirati fintech OCTA secured a $20 million credit facility from Saudi-based Sukna Direct Finance Fund.

OCTA integrates lending solutions directly into companies' operations, bypassing traditional banks.

This follows a $2.

2 million seed round involving Quona Capital and other major investors.

The funding aims to simplify financial access for SMEs, enhancing operational efficiency.

OCTA's approach aligns with industry aspirations for practical, integrated financial services.

Fresh news coming in from the startup scene in the UAE, folks! Emirati fintech firm OCTA, specialising in automating financial processes, just landed itself a hefty credit facility worth $20 million from Saudi-based Sukna Direct Finance Fund. I reckon this could well be a game-changer for SMEs in Saudi Arabia.

What's particularly interesting about this move is that it allows OCTA to seamlessly blend lending solutions right into companies' day-to-day operations. Basically, firms won't have to faff around anymore with traditional banks or separate lending platforms. Instead, funding kicks in automatically once invoices are issued or payments become due. Neet trick, isn't it?

This fresh funding comes hot on the heels of OCTA's previous seed round where they bagged approximately $2.2 million from heavyweight investors, including Quona Capital, 500 Global, and Sadu Capital, with backing from big hitters like Google, Amazon and Tap Payments as well. Clearly, they're doing something spot-on to draw such attention.

Here at Arageek, we're always on the lookout for exciting shifts in the startup ecosystem across the MENA, as empowering SMEs to access funding easily can inject some much-needed agility into this often stuffy sector. On the flip side, integrating lending directly into operation streamlines cashflow and frees entrepreneurs to actually run their ventures instead of drowning in paperwork—a struggle familiar to startup founders everywhere (you know the drill...).

And believe it or not, OCTA's move aligns perfectly with what many in the industry hope for: simpler, integrated financial services that actually respond to the real-world needs of SMEs. I'm not a fan of unnecessary complexity in financial tools, so seeing developments like these coming to market is pretty refreshing.

With ample ammunition now up OCTA's sleeve, it's likely we'll see more startups in the region considering integrated finance solutions soon, especially if it means no longer having to navigate those dredded funding applications. All eyes are on OCTA—they seem to be on to something rather promising indeed.

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