Blog

Beehive, a young peer to peer lending platform, and Thomson Reuters, have partnered on an innovation white paper regarding the United Arab Emirates (UAE).

One of the UAE’s newest small-to-medium enterprise (SME) funding platforms has helped channel AED25 million ($6.8 million) of funding to 48 SMEs in the 12 months since it launched, it announced on Tuesday.

No greater lesson came out of the 2008 Global Financial Crisis than the importance of managing excess and minimizing risk finance.

Many SMEs struggle to access the finance capital that they require in order to move their business forward, but a new finance model can help them achieve their growth ambitions. 

The importance of maintaining proper accounting records and bookkeeping by SMEs cannot be overstated.

Beehive has become the first peer-to-peer (P2P) finance platform to be granted a Sharia compliance certificate.