Maalexi, a UAE-based B2B agriculture-focused fintech platform, has secured a shariah-compliant credit facility of up to $20 million from Amwal Capital Partners. The funding will enable Maalexi to scale its operations in the UAE and Saudi Arabia, support thousands of SMEs, and advance its mission of strengthening regional food security.
By the Numbers
The new facility provides significant capital for Maalexi’s next phase of growth:
- Up to $20 Million: The total value of the shariah-compliant credit facility.
- $5 Million: The initial tranche of capital to be deployed.
- Founded in 2021: The year Maalexi was launched by Azam Pasha and Rohit Majhi.
- $24 Billion: The approximate value of the UAE’s annual food imports, highlighting the scale of the market.
A Tech-Driven Platform to De-Risk Agri-Trade
Maalexi enables verified SMEs to participate directly in cross-border food and agri-trade by reducing risk and enhancing transaction security. The platform leverages a proprietary technology stack—including
AI for risk intelligence, IoT for real-time traceability, and blockchain for secured documents—to manage credit, inventory, compliance, and logistics. This advanced system reduces critical operational risks, including quality, price, and payment risk, bringing greater efficiency and trust to the sector.
“This facility is more than capital—it is a catalyst to enhance our capabilities and help us build resilient and intelligent food supply chains that are driven by speed, transparency, and trust,” said Dr. Azam Pasha, CEO of Maalexi
.
A Strategic Partnership for Impact
Amwal Capital Partners, a leading firm in alternative investments, is providing more than just financing; it is becoming a key strategic partner to Maalexi. The firm is committed to supporting the company in scaling its impact across all SME segments in the food and agri-trade value chain.
“Maalexi’s proprietary technology stack, deep market linkages, and robust operational controls set a new benchmark for de-risking and scaling agri-trade,” commented
Sharif Eid, Head of Private Credit at Amwal Capital Partners. “This is precisely the type of impactful business we are committed to supporting.”.
This facility follows a $3 million debt finance facility that Maalexi secured from Citi earlier this year.
Source: Wamda
